1870 Brickell Avenue Miami , FL 33129

E X C L U S I V E L A N D O F F E R I N G

LAND - MULTI-FAMILY 1870 Brickell Avenue Miami , FL 33129

OFFERING SUMMARY INVESTMENT HIGHLIGHTS Listed by:  Rare Brickell Development Site Price $10,500,000 ALEX D. ZYLBERGLAIT  Direct Frontage on Brickell Avenue Senior Vice President Investments  Zoned T5-R Down Payment (100%) $10,500,000 Tel: (786) 522-7000  Strong Demographics With a Population Fax: (786) 522-7010 of 40,570 With an Average Household License: FL BK3015211 Income of About $88,000 Within a 1-Mile Lot Size (SF) 17,500 [email protected] Radius www.marcusmillichap.com/AlexDZylberglait

 Rapid Growth of High-Rise Buildings in Price Per SF $600.00 DAVE HEASLIP the Brickell Submarket Associate  Easy Access to Interstate 95 (I-95) and Tel: (786) 522-7000 the Miami International Airport (MIA) Lot Size (Acres) 0.4017 Fax: (786) 522-7010 License: FL SL3313844 Price Per Acre $26,138,910 [email protected] www.marcusmillichap.com/DaveHeaslip

Buildable SF 79,711

Price per Buildable SF $131.73

Offices Nationwide 5201 Blue La goon Drive, Suite 100 www.marcusmillichap.com Miami, FL 33126 • Tel: (786) 522-7000 Fax: (786) 522-7010

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 of Florida © 2016 Marcus & Millichap. All rights reserved. (Activity ID: X0390521 Property ID: 2082547) 1870 B RICKELL A VENUE • M IAMI , FL 33129

PROPERTY SUMMARY

Assessor's Parcel Number 01-4139-001-2150 Zoning T5-R Lot Size Dimensions 100' X 175'

INVESTMENT OVERVIEW

Marcus & Millichap is proud to present 1870 Brickell Avenue, a new development site consisting of 17,500 square feet (0.40 acres) of land located in Miami, Florida. The property is one of the last remaining vacant parcels of land with direct frontage on Brickell Avenue which boasts high traffic counts of approximately 30,000 vehicles per day. The property is conveniently located in Brickell, which is the financial heart of South Florida and has become a destination location for many South American visitors. This location provides easy access to Interstate 95 (I-95), Downtown Miami Central Business District (CBD), and the Miami International Airport (MIA). 5201 Blue Lagoon Drive Suite 100 1870 Brickell Avenue is zoned T5-R, which allows for the Miami, FL 33126 Tel: (786) 522-7000 development of multi-family residences and limited mixed- Fax: (786) 522-7010 use. The zoning allows for a maximum building height of 5 stories. The density for this zoning code allows for 65 units www.marcusmillichap.com per acre.