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Turnkey Indoor Fitness Center Edgewater

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Turnkey Indoor Fitness Center Edgewater EDGEWATER - BUSINESS OPPORTUNITY TURNKEY INDOOR FITNESS CENTER 1756 N BAYSHORE DR MIAMI, FL 33132 PRESENTED BY: HERZ DUPOND GROUP 305.970.7260 AVAILABLE FOR SALE | 1756 NORTH BAYSHORE DR. PROPERTY SUMMARY PRICE $129,000 ADDRESS 1756 N Bayshore Dr | MIAMI, FL 33132 SPACE 945 SF PARKING Street Parking & Guest Parking on Site DESCRIPTION Fully equipped, built-out FIXED EXPENSES $2,000 MONTHY RENT $1,250 INSURANCE $150/M CLEANER $400/M GYM WIPES $100 GYM SOFTWARE $100 PAYROLL TRAINERS $40/HR (CURRENTLY 7-10 CLASSES A WEEK) = $1600/M FULL SCHEDULE $3200 (20 CLASSES A WEEK) DEMOGRAPHICS 1-MI 3-MI 5-MI 2015 TOTAL POPULATION 21,884 191,101 398,678 2015 TOTAL DAYTIME POPULATION 29,686 305,032 625,571 2015 TOTAL EMPLOYEES 17,684 179,745 355,035 2015 HOUSEHOLD INCOME: AVG $71,124 $57,193 $57,130 HIGHLIGHTS • Turnkey fitness studio which is currently being used as a cyclebar but can work as dance, yoga and more • An established fitness business with clientele • Neighbor to Fitbox Method and Pura Vida Cafe • Across from Margaret Pace Park • Lease Commencement: October 25, 2016 (10-year Lease) | 5 year option (at tenants right/option) • Rent: Approximately $1,200/M • Financing Terms: Negotiable HERZ DUPOND REAL ESTATE GROUP | 305.970.7260 | [email protected] PAGE 2 AVAILABLE FOR SALE | 1756 NORTH BAYSHORE DR. PROPERTY SUMMARY This is an opportunity to own a turnkey fitness center in the Edgewater community. The unit currently contains 16 brand new Schwinn carbon blue bikes with the capacity to have 10-20 additional bikes. Included is a custom-built stage and room with top-of-the-line commercial grade sound system and acoustic proof room and shower room usage upon completing of the renovation. 2 assigned parking spaces are included with free parking for guests. Seller financing is possible up to 50% and managment is willing to stay for new owner and willing to help as permitted. The building just finished a multi million dollar renovation with top of the line lobby and amenities. BAY PARC PLAZA is a 40 story apartment building with 471 units with ground floor office/retail space. It is by the water and a park, close to public transportation and to grocery stores and restaurants. Also, across the street from Miami International University of Arts and Design, Arts Institutes. It is within walking distance of hotels that include the DoubleTree by Hilton, Marriott, Hilton, and ME. There are over 4000 apartments/condos in the neighborhood. HERZ DUPOND REAL ESTATE GROUP | 305.970.7260 | [email protected] PAGE 3 AVAILABLE FOR SALE | 1756 NORTH BAYSHORE DR. PROPERTY LOCATION OPERA TOWER AREA ON THE BAY QUANTUM PARAMOUNT BAY 1800 CLUB CITE ON THE BAY HERZ DUPOND REAL ESTATE GROUP | 305.970.7260 | [email protected] PAGE 4 AVAILABLE FOR SALE | 1756 NORTH BAYSHORE DR. BUILDING & NEIGHBORHOOD Extended ressidential building list in the edgewater community: 1. Baltus House - 167 Units 2. Bay House - 165 Units 3. Chelsea Tower - 222 Units 4. Crimson Residences - 90 Units 5. M Bay - 129 Units 6. Icon Bay - 299 Units 7. Biscayne Beach - 400 Units 8. Paraiso Bay - 700 Units 9. ION - 328 Units HERZ DUPOND REAL ESTATE GROUP | 305.970.7260 | [email protected] PAGE 5 AVAILABLE FOR SALE | 1756 NORTH BAYSHORE DR. EDGEWATER PROJECTS EDGEWATER RESIDENTIAL UNITS BALTUS HOUSE Baltus House - a co development with Related Group of Florida in the Design District. It will be a 15 story building with 167 units overlooking Biscayne Bay . 4300 Biscayne Blvd. Miami, Fl. 33137 BAY HOUSE Surrounded by amazing scenery, Bay House at East Edgewater o ers fortunate owners, wide open views across the blue waters of Biscayne Bay, overlooking the isles of Miami Beach and Key Biscayne and the vibrant city lights of Downtown, Midtown and the Miami Design district. Bay House will be a 38 story building with 165 units. CHELSEA TOWER The mixed-use building at 1550 Biscayne Boulevard is now slated to contain 15 doors of parking spaces, 10 oors for o ces and 23 oors of condominiums. Under the plan, there will be 675 parking spaces, 222 residential units and 170,564 square feet of non-residential space. THE CRIMSON The Crimson is a 19 oors with 90 exclusive residences located at the upcoming Edgewater Dis- trict neighborhood, featuring 1, 2 and 3 bedroom residences featuring gorgeous views of Biscayne Bay and Miami Beach. ICON BAY Related Group, which has developed a number of luxury condo developments in South Florida, is the developer behind Icon Bay in conjunction with the world-renowned architectural rm Arquitectonica. Icon Bay, 40 stories with 299 units each with private elevator access and pan- oramic views of Biscayne Bay and the Miami Beach skyline, o er 1-3 bedroom units ranging from 928-1530 square feet. M BAY The glassy condominium tower, called MBay, will rise 39 stories, or 444 feet, and is designed by Arquitectonica. The property is located on the bay, between NE 26th Street and NE 26th Terrace. Hyperion, the developer, is plan- ning to build 129 residential units, the maximum permitted on the .85 acre property. The project will contain 205 parking spaces on levels 2-7, the minimum required under Miami 21. PARAISO BAY Nearly a month after receiving a $93 million construction loan for its 53-story tower at Paraiso Bay, Related Group poured the foundation for the tower, the rst of four in the complex. The first tower will have 325 units out of the complex’s planned 2,000 units, the Next Miami reported. The first tower, designed by Arquitectonica, is scheduled for completion in 2016 and will have swimming pools, tennis courts, and other amenities. HERZ DUPOND REAL ESTATE GROUP | 305.970.7260 | [email protected] PAGE 6 AVAILABLE FOR SALE | 1756 NORTH BAYSHORE DR. ABOUT EDGEWATER Edgewater is a neighborhood in Miami, Florida, United States, located north of Downtown and Omni, and south of the Upper East Side.[1] It roughly bound by North 17th Street to the south, North 37th Street to the north, the Florida East Coast Railway and East First Avenue to the west and Biscayne Bay to the east.[2] Edgewater is primarily a residential neighborhood, with many historic early 20th century homes. The neighborhood has many high-rise residential towers to the east along Biscayne Bay, and historic homes elsewhere in the neighborhood. Since 2000, the area has grown in popularity, due to its proximity to Downtown and neighborhoods such as the Design District. Recent developments in the neighborhood, have brought rapid urbanization to the area, with the construction of high-rise and mid-rise residential buildings, and more retail. As of 2000, Edgewater (Wynwood) had a population between 14,034[4] and 14,819[5] residents, with 6,221 households, and 2,987 families residing in the neighborhood. The median household income was $11,293.93. The racial makeup of the neighborhood was 58.51% Hispanic or Latino of any race, 17.51% Black or African American, 21.55% White (non-Hispanic), and 2.42% Other races (non-Hispanic). It shares demographics with Wynwood.[5] The zip codes for the Edgewater (Wynwood) include 33127, 33132, and 33137. The area covers 1.679 square miles (4.35 km2). As of 2000, there were 7,548 males and 6,486 females. The median age for males were 32.5 years old, while the median age for females were 32.3 years old. The average household size had 2.3 people, while the average family size had 3.2 members. The percentage of married-couple families (among all households) was 25.2%, while the percentage of married-couple families with children (among all households) was 10.9%, and the percentage of single-mother households (among all households) was 11.6%. 4.5% of the population was in other group homes. The percentage of never-married males 15 years old and over was 20.1%, while the percentage of never-married females 15 years old and over was 15.9%.[4] As of 2000, the percentage of people that speak English not well or not at all made up 25.1% of the population. The percentage of residents born in Florida was 28.0%, the percentage of people born in another U.S. state was 20.5%, and the percentage of native residents but born outside the U.S. was 7.0%, while the percentage of foreign born residents was 44.4%[4] HERZ DUPOND REAL ESTATE GROUP | 305.970.7260 | [email protected] PAGE 7 AVAILABLE FOR SALE | 1756 NORTH BAYSHORE DR. CYCLEBOX IN THE NEWS HERZ DUPOND REAL ESTATE GROUP | 305.970.7260 | [email protected] PAGE 8 AVAILABLE FOR SALE | 1756 NORTH BAYSHORE DR. CYCLEBOX IN THE NEWS HERZ DUPOND REAL ESTATE GROUP | 305.970.7260 | [email protected] PAGE 9 RETAIL AVAILABLE 1756 N BAYSHORE DR MIAMI, FL 33132 CONTACT US FOR MORE INFORMATION ON THIS OPPORTUNITY HERZ DUPOND GROUP ERZ WOLFGANG HERZ & RICARDO DUPOND REAL ESTATE GROUP 305.970.7260 UPOND WHMIAMI.COM | [email protected] ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. ALL PROPERTIES ARE SUBJECT TO PRIOR SALE, CHANGE OR WITHDRAWAL. NEITHER LISTING BROKER(S) OR INFORMATION PROVIDER(S) SHALL BE RESPONSIBLE FOR ANY TYPOGRAPHICAL ERRORS, MISINFORMATION, MISPRINTS AND SHALL BE HELD TOTALLY HARMLESS. HERZ DUPOND REAL ESTATE GROUP | 305.970.7260 | [email protected] PAGE 10.
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