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2915 Segovia Street, Coral Gables, FL 33134 Exclusive Listing

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2915 Segovia Street, Coral Gables, FL 33134 Exclusive Listing 2909-15 Segovia Street, Coral Gables, FL 33134 2915 Segovia Street, Coral Gables, FL 33134 Single Family Development site Sam Mekras Deme Mekras Elliot Shainberg Investment Associate CEO, Managing Partner Managing Partner 9 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us Exclusive Listing Direct: 786.671.0154 Direct: 786.671.0149 Direct: 786.671.0151 [email protected] [email protected] [email protected] 2915 Segovia Street, Coral Gables, FL 33134 Table of Contents Confidentiality Disclaimer Property Description................................................................................ 3 This is a confidential Offering Memorandum intended solely for your limited use and benefit in de-termining whether you desire to express further interest into the acquisition of the Subject Property. This Offering Memorandum contains selected information pertaining to the Property About MSP Group.................................................................................... 11 and does not purport to be a representation of state of affairs of the Owner or the Property, to be all-inclusive or to contain all or part of the information which prospective investors may MSP Group Deals..................................................................................... 21 require to evaluate a pur-chase of real property. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general economy, market conditions, competition, and other factors beyond the control of the Owner or MSP Group ,LLC. Therefore, all projections, assumptions, and other information provided and made herein are subject to material variation. All references to acreages, square footages, and other measurements are approxima-tions. Additional information and an oppor- tunity to inspect the Property will be made available to all interested and qualified prospective purchasers. Neither the Owner or MSP Group, LLC. , nor any of their respective directors, offi- cers, affiliates or representatives are making any representation or warranty, expressed or -im plied, as to the accuracy or completeness of this Offering Memorandum or any of its contents, and no legal commitment or obligation shall arise by reason of your receipt of this Offering Memorandum or use of its contents; and you are to rely solely on your own inves-tigations and inspections of the Property in evaluating a possible purchase of the real property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase Property, and/or to terminate discussions with any entity at any time with or without notice which may arise as a result of review of this Offering Mem-orandum. The Owner shall have no legal commit-ment or obligation to any entity review-ing this Offering Memoran- dum or making an offer to purchase the Prop-erty unless and un-til written agreement(s) for the purchase of the Property have been fully executed, delivered, and approved by the Owner and any obligations therein have been satisfied or waived. By receipt of the Offering Memorandum, you agree that this Offering Memorandum and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose this Offering Memorandum or any of its contents to any other entity without the prior written authorization of the Owner or MSP Group, LLC. Furthermore , you agree not to use this Offering Mem-oran- dum or any of its con-tents in a manner detrimental to the interest of the Owner or MSP Group, LLC. In this Offering Memorandum, certain documents, including leases and other materi- als, are de-scribed in summary form. These summaries do not purport to be complete nor necessarily accu-rate descriptions of the full agreements referenced. Interested parties are so advised and expect-ed to review all such summaries and other documents of whatever nature independently and not to rely on `the contents of this Offering Memoran-dum in any manner. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MSP Group, LLC AGENT FOR MORE DETAILS 2 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134 Property Description 3 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2909-15 Segovia Street, Coral Gables,2915 FL 33134 Segovia Street, Coral Gables, FL 33134 Property Description 2915 Segovia Street (Garage) 2915 Segovia Street is a 5,000 SF single family lot with a detached garage on it. The property is located in the City of Cor- List Price: $425,000 al Gables, Florida (Miami-Dade MSA), one of the most affluent cities in the entire state. Currently more than 20 consulates 9 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com and 140 multinational corporations call Coral Gables home, including the world headquarters for both BacardiFollow Us and Del Folio: 03-4117-008-3980 Monte Fresh Produce. The city is also home to the University of Miami and world class shopping along Miracle Mile and at the 780,000 SF luxury mall the Shops Merrick Park, where top retailers can be found including but not limited to Gucci, Year Built: 1952 Neiman Marcus, Nordstrom, Burberry, Coach and Louis Vuitton. The newest project of significance in Coral Gables is The Plaza a 2.25 Million SF mixed-use project. The project includes hotel, apartments, office and retail located only 0.8 miles from the subject property. Square Feet: 464 The propery is just 5 minutes from Merrick Park, Miracle Mile, and the famed Biltmore Hotel. Walking distance from the Lot Size: 5,000 property is the Coral Gables Public Library, Somerset Gables Academy, a local charter school, and the Coral Gables Youth Center which features amenities for all ages including a open park, athletic fields, full indoor gymnasium, fitness center, Price/Lot SF: $85 and landscaped public areas. Unit Mix: 1- Stand Alone Garage With the lack of available land and the central location of 2915 Segovia Street it is an ideal location for new modern hous- ing. New construction townhome, duplex and single family homes are selling between $550 and $900 per square foot in Proposed Use: comparable locations, justifying the demand for new construction in this submarket. Single Family Home 4 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134 Downtown Miami/Brickell Downtown Coral Gables 2915 Segovia Street 5 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134 Coconut Grove Shops at Merrick Park Coral Gables Youth Center The Plaza Coral Gables 2.25 Million SF Mixed-Use Development Currently Under Construction 2915 Segovia Street 6 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134 Biltmore Hotel Somerset Academy 2915 Segovia Street 7 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134 8 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134 9 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134 New Construction Sales Comparables Address City, State Zip Beds Baths Half Baths Living Area Year Built Sold Price Price/SF Property Type 743 Valencia Avenue Coral Gables, FL 33134 4 4 1 4,187 2018 $2,680,000 $640 Townhouse 1291 Catalonia Avenue Coral Gables, FL 33134 5 5 1 4,625 2019 $2,850,000 $616 Single Family 5607 Riviera Drive Coral Gables, FL 33146 5 5 - 3,867 2017 $2,405,000 $622 Single Family 1549 San Rafael Avenue Coral Gables, FL 33134 5 4 1 3,175 2018 $2,100,000 $661 Single Family 734 Navarre Avenue Coral Gables, FL 33134 4 3 2 3,279 2018 $1,800,000 $549 Single Family 2953 Shipping Avenue Miami, FL 33133 5 6 - 1,926 2019 $1,690,000 $877 Twinhome 2955 Shipping Avenue Miami, FL 33133 5 6 - 1,926 2019 $1,690,000 $877 Twinhome 3630 Avocado Avenue Miami, FL 33133 4 4 1 3,442 2018 $1,910,000 $555 Single Family 3640 Avocado Avenue Miami, FL 33133 4 4 1 3,543 2018 $2,120,000 $598 Single Family Average $666 10 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134 About MSP Group 11 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 2915 Segovia Street, Coral Gables, FL 33134 About MSP Group Integrity | Service | Results To date, the duo of Deme Mekras and Elliot Shainberg have closed in excess ous sales awards, receiving several promotions and helped found the Miami of $700,000,000 and more than 10,000 units in their careers. Deme and office prior to their departure in 2012. Elliot each began their professional careers in different parts of the country and in different industries, but both began in sales. They learned that hard In late 2012, Deme was recruited at the partner level to join Franklin Street, work and tenacity lead to results. While Deme was selling telecommunica- based in Tampa. Deme agreed to open the firm’s Miami office and did so by tions services to small businesses in Miami, Elliot sold payroll solutions to bringing his team of 4 professionals over with him. Over the next two years, small and medium sized businesses in New York City.
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