3061 NW 36 ST , FL 33142 “Allapattah” (WEST OF )

EXCLUSIVELY LISTED BY: AGUSTIN DUARTE CCIM & JORGE CRUZ

4217 PONCE DE LEON BLVD | CORAL GABLES, FL 33146 3061 NW 36 ST MIAMI, FL 33142

RE/MAX 360 REAL ESTATE

CONFIDENTIALITY DISCLAIMER

Information is believed to be accurate but not warranted, Buyer’s due diligence is required. Information furnished regarding property for sale, lease or financing is from sources deemed reliable, such information has not been verified & no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, lease or other conditions, prior sale, lease or financing or withdrawal without notice and to any special conditions. 3061 NW 36 ST MIAMI, FL 33142

RE/MAX 360 REAL ESTATE

“ALLAPATTAH” (WEST OF WYNWOOD)

3061 NW 36 ST MIAMI, FL 33142

LIST PRICE: $2,600,000.00 SUB-MARKET: ALLAPATTAH PRICE PER SQ. FT.: $90.43 CROSS STREETS: 36 STREET & NW 30TH LOT SIZE: .67 ACRE AVENUE YEAR BUILT: 1954 DEVELOPMENT POTENTIAL (8) FLOORS BUILDING CLASS: C "BY RIGHT" +- 143,000 FT (AUTOMOTIVE/MARINE) UP TO (10) FLOORS WITH "PUBLIC ZONING: T6-8, O BENEFIT" +- 180,000 FT SPACE USE: RETAIL/CAR DEALER CURRENT GI +- $84,000 3061 NW 36 ST MIAMI, FL 33142

RE/MAX 360 REAL ESTATE DESCRIPTION

3061 NW 36 ST MIAMI, FL 33142

This opportunity is being provided by A. Duarte- CCIM, Jorge Cruz and RE/MAX 360 “Allapattah” (West of Wynwood) which is well underway of a gentrification and revitalization. This “Allapattah” area is best known for some of the finest medical facilities in the . Institutions such as the Bascom Palmer Eye Institute, the Ryder Trauma Center, Cedars of Lebanon Hospital, and the Veterans Administration attract patients and distinguished physicians from around the world. The 20th Street Merchant’s Corridor, between 27th and 17th Avenues, is now famous for its multiple garment manufacturing and wholesale outlets driving Domestic and International Buyers and Exporters. Nearby, the Produce Market, the largest open-air food distribution center in Miami, serves local supermarkets and “bodegas” with the freshest variety of South produce, tropical fruits and many other products. Allapattah is the last undeveloped urban core neighborhood in Miami. It is compared to Wynwood 10 years ago that has since seen an astronomical valuation in CRE value which is the primary driving force to Allapattah and sustaining the ongoing gentrification. To illustrate, Allapattah CRE was fetching $30-35/SF less than 2 years ago and has climbed to over $100/SF in recent closings with the same upwards progression to come. In comparison to Wynwood who saw the same aggressive valuation, we’re seeing recent closed sales at just under $1K/SF in just 10 years. NorthWest 36 street runs East to West from into the Doral submarket. 3061 NW 36 ST MIAMI, FL 33142

RE/MAX 360 REAL ESTATE CURRENT & PROPOSED

3061 NW 36 ST MIAMI, FL 33142 3061 NW 36 ST MIAMI, FL 33142

RE/MAX 360 REAL ESTATE PROPERTY PHOTOS

3061 NW 36 ST MIAMI, FL 33142 3061 NW 36 ST MIAMI, FL 33142

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DEMOGRAPHICS

3061 NW 36 ST MIAMI, FL 33142

FULL DEMOS | CLICK HERE 3061 NW 36 ST MIAMI, FL 33142

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TRAFFIC COUNT

3061 NW 36 ST MIAMI, FL 33142

FULL TRAFFIC COUNT | CLICK HERE 3061 NW 36 ST MIAMI, FL 33142

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ZONING "PUBLIC BENEFIT"

3061 NW 36 ST MIAMI, FL 33142

FULL ZONING | CLICK HERE 3061 NW 36 ST MIAMI, FL 33142

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ZONING "BY RIGHT"

3061 NW 36 ST MIAMI, FL 33142

FULL ZONING | CLICK HERE 3061 NW 36 ST MIAMI, FL 33142

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WORKING PLANS

3061 NW 36 ST MIAMI, FL 33142

FULL WORKING PLANS | CLICK HERE 3061 NW 36 ST MIAMI, FL 33142

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SURVEY

3061 NW 36 ST MIAMI, FL 33142

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THE ALLAPATTAH SUB-MARKET

3061 NW 36 ST MIAMI, FL 33142

This opportunity is being provided by A. Duarte- CCIM, Jorge Cruz and RE/MAX 360 “Allapattah” (West of Wynwood) which is well underway of a gentrification and revitalization. This “Allapattah” area is best known for some of the finest medical facilities in the United States. Institutions such as the Bascom Palmer Eye Institute, the Ryder Trauma Center, Cedars of Lebanon Hospital, and the Veterans Administration attract patients and distinguished physicians from around the world. The 20th Street Merchant’s Corridor, between 27th and 17th Avenues, is now famous for its multiple garment manufacturing and wholesale outlets driving Domestic and International Buyers and Exporters. Nearby, the Produce Market, the largest open-air food distribution center in Miami, serves local supermarkets and “bodegas” with the freshest variety of produce, tropical fruits and many other products. Allapattah is the last undeveloped urban core neighborhood in Miami.

It is compared to Wynwood 10 years ago that has since seen an astronomical valuation in CRE value which is the primary driving force to Allapattah and sustaining the ongoing gentrification. To illustrate, Allapattah CRE was fetching $30-35/SF less than 2 years ago and has climbed to over $100/SF in recent closings with the same upwards progression to come. In comparison to Wynwood who saw the same aggressive valuation, we’re seeing recent closed sales at just under $1K/SF in just 10 years. NorthWest 36 street runs East to West from Edgewater into the Doral submarket. 3061 NW 36 ST MIAMI, FL 33142

RE/MAX 360 REAL ESTATE NOTABLE ARTICLES

3061 NW 36 ST MIAMI, FL 33142

LISSETTE CALDERON BUYS LAND FOR THIRD RENTAL PROJECT IN ALLAPATTAH

Developer Lissette Calderon is planning another rental project in Miami’s Allapattah neighborhood.Calderon’s TCG Allapattah 14 LLC, an affiliate of Neology Life Development Group, paid $3.6 million for an assemblage at 1470 Northwest 36th Street, property records show. P26 LLC, led by Geoffrey Peckham, sold the parcels, which are in an Opportunity Zone.

https://therealdeal.com/miami/2020/06/16/lissette-calderon- buys-land-for-third-rental-project-in-allapattah/

GLOBALPRO VENTURES PLANS PROJECTS IN ALLAPATTAH,

GlobalPro Ventures is working on plans for two new projects in Allapattah and Coconut Grove.The firm, led by Daniel Odess and Matthew Sengsourinh, is in the permitting process for the conversion of a six-unit townhouse building into an office building with ground-floor retail space, at 3139 Southwest 27th Avenue in Coconut Grove, the developers said.

https://therealdeal.com/miami/2020/04/13/globalpro- ventures-plans-projects-in-allapattah-coconut-grove/? utm_source=internal&utm_medium=after_article&utm_campa ign=related_article

MIAMI BOARD APPROVES 5 MAJOR MIXED-USE, MULTIFAMILY PROJECTS

The Miami Urban Development Review Board approved a slate of mixed-use and multifamily projects that could add nearly 2,000 new apartments and more than 700,000 square feet of office and retail space between the in downtown Miami and North Miami Avenue in Wynwood.One development, Block 55, initially faced derailment, however, when the first board vote ended in a tie. But it was later approved.

https://therealdeal.com/miami/2020/02/20/miami-board- approves-five-major-mixed-use-and-multifamily-projects/ RE/MAX 360 REAL ESTATE

ABOUT US RE/MAX 360 REAL ESTATE

RE/MAX 360 Real Estate is a boutique full service real estate office located in the City of Coral Gables, FL; With a global brand and the unremitting work ethic and top-notch professional service of our three Co-Owners.

Agustin Duarte is the broker of record for REMAX 360. Agustin has been in the Real Estate profession since 1996. Currently specializing in land development, re- development, hospitality and industrial sales. Agustin is versed in zoning overlays, assemblage and general land “value add”.

"We help clients align with their real estate needs with financial and operational objectives throughout the city of Miami and South Florida." RE/MAX 360 REAL ESTATE