2323 NW 36 ST, MIAMI, FL

PRIME DEVELOPMENT SITE ON MAJOR EAST-WEST CORRIDOR WITH SITE PLAN APPROVALS

ASK $3,200,000

CARLOS FAUSTO MIRANDA C: 305 431 2258 E: [email protected] PROPERTY SUMMARY

Mixed-Use Corner Development site on Major Corridor. NW 36 ST is an important, high-traffic, Miami corridor which runs the full length of the county, connecting from Doral to the beaches and all in-between including the airport, Miami Springs, Wynwood, Edgewater and more.

Zoning is principally T-6-8-O, permitting for mixed-uses. Current site plan approvals permit 116 units. Lot size is 35,257 SF (.81 acres).

This segment of the corridor is experiencing booming success, with new developments by Neology, Richman Group, Integra, Miami Casino, Hampton Inn, 7-11, and more all planned and in progress.

T-6-8-O 35,257 SF (.81 ACRES) ZONING LOT SIZE

36 ST. CORRIDOR

BROWNSVILLE MIAMI DORAL SPRINGS MIAMI BEACH

WYNWOOD ALLAPATTAH MIAMI EDGEWATER INTERNATIONAL AIRPORT SWEETWATER

On NW 36 ST, a major East-West corridor, running from Everglades to the Beaches. Crossing neighborhoods such as Doral, Miami Springs, Allapattah, Wynwood & Edgewater.

PROPERTY LOCATION - 2323 NW 36 ST 36 ST. DEVELOPMENTS

BROWNSVILLE MIAMI DORAL SPRINGS MIAMI BEACH

WYNWOOD ALLAPATTAH MIAMI EDGEWATER INTERNATIONAL AIRPORT SWEETWATER

36 ST AND 37 AVE 36 ST AND 21 AVE 36 ST AND 14 AVE 36 ST AND 13 AVE 36 ST AND 10 AVE

Recently bought by The Richman Group is Allapattah Ventures LLC Allapattah 14, a 237-unit La Quinta by Wyndham billionaire Phil Ruffin, planning a senior housing 13-story structure at rental building with Miami Airport East is who owns the Treasure development in Allapattah 1396 NW 36th St. called ground-floor retail space conveniently located just Island Hotel & Casino in with 105-unit building for Mosaico, with over 267 on site. For residents one mile from Miami Vegas. 21-acres near the site at 2137 NW 36th dwelling units, mostly seeking an alternative to International Airport. Miami Airport at 3500 ST, in Miami. with small floor plans. higher priced urban Northwest 37th Avenue. districts. ALLAPATTAH

Allapattah is considered one of Miami’s historic, urban core Neighborhoods.

Despite newly entering developers and investors targets, Allapattah has long been a fully self-contained, functioning, thriving and vibrant neighborhood. It has long housed a working immigrant population of mixed Latin-American and Caribbean origins, and a large entrepreneurial business community. Its location is one of its main amenities, located minutes from downtown, just north of the major employment engines of the Health and Civic Center, just west of booming Wynwood, and services by important logistical amenities such as I-95, SR836, SR-112, the Seaport, Riverport, Miami International Airport, and several Metro-Rail stops.

The neighborhood is also known for its strong employment base and reasonable pricing within the area. It is currently a major host for new wave of creative, arts & design oriented tenants, as well as new and trendy culinary start ups. AREA

PROPERTY LOCATION WYNWOOD

ALLAPATTAH EDGEWATER MIAMI INTERNATIONAL AIRPORT

OVERTOWN

LITTLE HAVANA

DOWNTOWN MIAMI

BRICKELL

4 miles to Miami International 5 miles to Downtown 3 miles to Little Havana Airport

3 miles to Wynwood & 6 miles to Brickell 7 miles to Overtown Edgewater ALLAPATTAH DEMOGRAPHICS

470,914. 35 MIAMI'S MEDIAN AGE POPULATION

41,570 $30K - $80K ALLAPATTAH'S AVG INCOME POPULATION

14,310 HOUSEHOLDS NEIGHBORHOOD AMENITIES TRANSIT

MIAMI METRORAIL MIAMI METRO MOVER

Allapattah has 3 metro rail stops at the center of all Allapattah goes directly into the city's existing lines. The trains arrive every 7.5 minutes Central Business District MetroMover Lines. during weekday, every 15 minutes at midday, & every The Metro Mover currently serves Downtown 30 minutes from 7:30 pm, and on the weekends. Miami, Brickell, Park West and Omni neighborhoods. 19 minutes to Miami International Airport 9 minutes to Downtown 6 minutes to the Hospitals NEW DEVELOPMENTS

RUBELL MUSEUM 1100 NW 23 ST One of the largest privately held contemporary art collections in the world, owned by renowned collectors the Rubell family, housed in a magnificently updated former food and dry goods warehouse.

ESPACIO 23 2270 NW 23 ST Private Art Collection of Jorge Perez, housed in museum setting and run in conjunction with an active Art Foundation.

MIAMI PRODUCE CENTER RIVER LANDING 1600 NW N RIVER DR 2140 NW 12 AVE 8.14 acre site with 370,000 SF of Retail over four floors featuring national brands, 528 1.4 million-square-foot development market-rate apartments, 18,000 SF of office designed by internationally renowned space, 28,000s SF of riverfront dining, & a starchitect Bjarke Ingels Group, magnificent 850 FT of Public Riverfront park. repurposing three existing warehouses that used to comprise a CENTURY LINK 1109 NW 22 ST trading/brokerage floor for all local produce into retail spaces, with four new- Repurposing of an old produce market and warehouse, into an updated and modern construction 20-story intertwined telecommunications Hub. buildings rising above. The completed project would have 230,886 SF of office CASINO MIAMI space, 128,971 SF of retail space, 22,176 SF 3500 NW 37 AVE for “educational uses”, 1,094 parking Historic Jai-Alai Complex recently spaces, and over 1,200 residential units. It renovated. Site features Gambling activities, also corners a metro-rail stop. Entertainment, Nightlife, Restaurants, with over 1,000 Las Vegas-style slot machines, electronic table games and live shows. NEW DEVELOPMENTS

TCG CFH ALLAPATTAH 1625 NW 20 ST 1450 NW 20 ST 323 unit market-rate project by A full city block of mixed-use well-known local developer residential units and retail with a Lisette Calderon. bank branch.

UNIVERSITY OF MIAMI HOSPITALS TCG ALLAPATTAH 17 1569 NW 17 AVE Massive multi-year and multi- phase expansion of the medical A mixed use of 192 units new capacity, to serve an ever-growing development, mostly Residential. city. Massive driver of Employment.

GLOBAL PRO ALLAPATTAH MANA ALLAPATTTAH 2560 NW 20 ST NW 7 AVE AND 23 ST Live-Work Tower Complex with Several Block Assemblage, mirroring Mid-Income Housing and Co- Mana Wynwood on the other side of working on the Ground Floor. I-95, with Logistics, Last-Mile and Free-Trade Applications.

DECO CAPITAL GROUP 1025 NW 20 ST INTERGA SOLUTIONS Northern extension of the Civic 1396 NW 36 ST. Center, bringing high-quality 267 affordable units. med-life science tenants and well-paid jobs to the area. NEW DEVELOPMENTS

INTERGA SOLUTIONS PROPERTY LOCATION CASINO MIAMI

MANA ALLAPATTAH

CENTURY LINK

MIAMI PRODUCE CENTER

ESPACIO 23 RUBELL MUSEUM

CFH ALLAPATTAH

TCG DECO CAPITAL GROUP

GLOBAL PRO

TCG 17 ALLAPATTAH UM HOSPITALS

RIVER LANDING THE INDUSTRIAL CORE SUB MARKETS Between NW 20 ST, 23 ST, 7 AVE and 27 AVE. Large and unbroken concentration of warehousing. One of the few true industrial neighborhoods left in Miami’s urban core. Allapattah is a complex, large & holistic neighborhood, Strong existing business community, being comprised by several different components, subject to their augmented by a new wave of creative, arts own dynamics. and design-oriented tenants and users. Significant investment from visionary property owners. LAND - $50-$250 PSF BUILDINGS - $110-$450 PSF RENTAL RATES - $10-$35 PSF

36 ST CORRIDOR On NW 36 ST from NW 7 AVE to NW 36 AVE. Major East-West corridor, running from everglades to the beaches. Populated by auto dealers and other low-grade uses. Easy to find Acre+ accumulations of land with great mixed- use high-rise zoning for distant future development. Forgotten and undervalued stretch. LAND - $80-$120 PSF RENTAL RATES- $14-$16 PSF

NW 20 ST RETAIL CORRIDOR

W.O.W. WEST OF WYNWOOD PEQUEÑO SANTO DOMINGO NW 20 ST from 17 AVE to 27 AVE. Historically wholesale outlet clothing and shoe retailers, On NW 7 AVE Feeds off the overflow 17 AVE from 24 ST to 36 ST. servicing local markets as well as wholesale to energy of Wynood, which it is directly Dominican Enclave with strong local Caribbean, Central and South America. Tenant connected to via 3 streets New identity and community Vibrant, mixes shifting as business priced out of other Wynwood-esque tenants already hardworking, community with all local markets are starting to move in. Underlying moving in. Similar Ownership to services within walking distance and Zoning permits for mixed-use, high-rise Wynwood. unique local tenants. development. LAND - $60-$110 PSF LAND $30-$100 PSF RETAIL - $PSF LAND $90-$120 PSF BUILDINGS - $150-$250 PSF UNIT RENTS $600-$1,250/U BUILDINGS - $180-$230 PSF RENTAL RATES - $16-$30 PSF RENTAL RATES - $14-$20 PSF A. LOT AREA 5,000 sq ft. min 40,000 sq ft. max T-6-8-O ZONES

B. LOT WIDTH ZONING 50 ft. min a. Minimum Height C. LOT COVERAGE 1-8 stories 2 stories Above 8th story 80% max. 15,000 sq ft. max Floor plate for b. Maximum Height Residential & Lodging 8 stories T-6-8-O ZONE 30,000 sq ft. max Floor plate for Office & Commercial BUILDING c. Max. Benefit Height D. FLOOR LOT RATIO (FLR) 5/ 25% ADDITIONAL 4 stories DISPOSITION Public Benefit

E. FRONTAGE AT FRONT SETBACK 70% min

F. OPEN SPACE REQUIREMENTS 10% lot area min

G. DENSITY 150 du/acre max

BUILDING SETBACK

A. PRINCIPAL FRONT 10 ft. min

B. SECONDARY FRONT 10 ft. min

C. SIDE 0 ft. or 30 ft. min Above 8th story

D. REAR 0 ft. or 30 ft. min Above 8th story

E. ABUTTING T5 0 ft. min. 1st through 5th story 10 ft. min. 6th through 8th story 30 ft. min above 8th story

ABUTTING T4 6 ft. min. 1st through 5th story 26 ft. min. above 5th story

ABUTTING T3 6 ft. min. 1rst through 3rd story 26 ft. min. 4th through 5th story 46 ft. min. above 5th story

F. ACROSS STREET FROM T3

PRINCIPAL FRONT 10 ft. 1st through 3rd story

SECONDARY FRONT 20 ft. min. above 3rd story THE BROKERS

MARKOS BERTOLOTTI C: 305 632 2057 E: [email protected]

CARLOS FAUSTO MIRANDA C: 305 431 2258 E: [email protected]

CONTACT US

1631 SW 7 ST MIAMI, FL 33135 FAUSTOCOMMERCIAL.COM