EXCLUSIVE OFFERING

Real Estate Investment Services Park View | 5615-5645 SW 8th Street | , FL | Land

OFFERING SUMMARY Assessor’s Parcel Number 01-4106-011-1790, 01-4106-011-1810 E Price $5,600,000 Lot Size SF 28,875 Price per Square Foot $193.94

SITE DESCRIPTION Price/Acre $8,448,000 Number of Lots 2 Price/Lot $2,800,000 Zoning T6-8-O Lot Dimensions 105 x 250 Total FLR Permitted (SF) 180,469 SW 8TH STREET Lot Size 0.66 Acres

SITE DESCRIPTION

Park View is located on the northwest edge of Coral Gables at 5615-5645 Southwest 8th Street. The Expressway, Interstate 75 and the Turnpike to the west and Interstate 95 to the East. Downtown site is one lot east of Red Road (Southwest 57th Avenue) on the north side of Southwest 8th Street. This Miami and the areas can be accessed by Southwest 8th Street or . The Miami-Dade location is highly sought after by residents and developers alike due to its central location in Miami and its Schools that are in the property’s district are Fairlawn Elementary School which is .7 miles away and has high density. Within five miles of the subject property there are approximately 550,000 residents. This site an “A” baseline grade, Kinloch Park Middle School which is two miles away and South Miami Senior High is considered “Very Walkable” with a walk score of 77 by walkscore.com. Some of the major employment which is 4.5 miles from the subject. centers and landmarks in the immediate area include Miami International Airport which is two miles north of the subject, downtown Coral Gables approximately two miles south, downtown Miami approximately Park View is a 0.66-acre site comprised of two parcels zoned T6-8-O. The zoning allows a density of up to six miles east and PortMiami approximately seven miles to the east. In addition, all the major thorough- 150 dwelling units per acre. The maximum number of units allowable at Park View is 99 and the maximum fares surround the property’s neighborhood such as the Dolphin Expressway (836) to the north, Palmetto height is eight stories. The annual average daily traffic by Park View is 49,000.

THIS IS A BROKER PRICE OPINION OR COMPARATIVE MARKET ANALYSIS AND SHOULD NOT BE CONSIDERED AN APPRAISAL. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2019 Marcus & Millichap. All rights reserved. (Activity ID: ZAA0240240) EXCLUSIVE OFFERING

Real Estate Investment Services Park View | 5615-5645 SW 8th Street | Miami, FL | Land

NE SW SOUTH RED ROAD (SW 57TH AVENUE)

CLUB SW 8TH STREET PRADO

SOUTH RED ROAD (SW 57TH AVENUE)

CLUB SW 8TH STREET PRADO

RYAN NEE Broker of Record [email protected] LICENSE: FL BK 315466

THIS IS A BROKER PRICE OPINION OR COMPARATIVE MARKET ANALYSIS AND SHOULD NOT BE CONSIDERED AN APPRAISAL. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2019 Marcus & Millichap. All rights reserved. (Activity ID: ZAA0240240)