6.27-ACRE TROPHY DEVELOPMENT SITE AT THE ENTRANCE TO BEACH miami • SOUTH POINTE PARK ATLANTIC OCEAN FISHER ISLAND MARJORY STONEMAN DOUGLAS OCEAN BEACH PARK

LUMMUS PARK

OCEAN DRIVE SHOPPES AT FIFTH & ALTON MIAMI BEACH MARINA

5 TH STREET MACARTHUR CAUSEWAY

MIAMI BEACH URBAN BOX SELF STORAGE 500–700 ALTON Urgent Care Center MICHIGAN AVENUE

ALTON ROAD

WEST AVENUE

Holliday Fenoglio Fowler, LP (“HFF”) a Florida licensed real estate broker THE OFFERING APPROVED SITE PLAN HFF is pleased to exclusively offer 500 – 700 Alton (the “Property” or “Site”) for sale. The 6.27-acre development site is positioned immediately at the entrance to Miami’s 6.27 485 73,671 SF famed and represents the last large-scale development opportunity ACRES UNITS RETAIL within the market. The Property currently has site plan approval for 485 residential units and 73,671 square feet of retail space. A purchaser can move forward with the existing site plan or pursue their own development strategy. MIAM I CBD 19 MILLION SF OF OFF ICE SPACE

MACARTHUR CAUSEWAY STAR ISLAND

BISCAYNE BAY

ALTON ROAD ZONING OVERVIEW The Site spans three different zoning designations, all of which allow for residential, hotel, and commercial uses. The aerial below provides additional detail on each zoning district. A more in-depth analysis appears in the offering memorandum and a detailed

zoning memorandum is available in the HFF Online Document Center.

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M WEST AVENUE

STREET

TH 5 RM-2 CPS-2 Lot Area: 1.12 Acres ALTON ROAD CD-2 Maximum Height: 60 Feet Lot Area: 1.96 Acres Maximum Density: 100 Units/Acre Lot Area: 3.19 Acres Maximum Height: 75 Feet FAR: 2.0 Maximum Height: 60 Feet Maximum Density: 106 Units/Acre Developable FAR: 98,000 SF FAR: 2.0 Maximum Density: 100 Units/Acre Developable FAR: 170,696 SF FAR: 2.0 Developable FAR: 277,684 SF Existing 10-story shell structure has been preserved to grandfather the non-conforming height. INVESTMENT SALES JARET TURKELL MAURICE HABIF SIMON BANKE KENNY CUTLER Managing Director Director Associate Analyst [email protected] [email protected] [email protected] [email protected] 305.913.5545 305.421.1610 305.421.6546 305.421.6556

CAPITAL MARKETS SCOTT WADLER BRIAN GASWIRTH 1450 Avenue Director Director Suite 2950 [email protected] [email protected] Miami, FL 33131 305.421.6542 305.421.6554 hfflp.com T: 305.448.1333 F: 305.448.6767

HFF has been engaged by the owner of the property to market it for sale. Information concerning the property described herein has been obtained from sources other than HFF, and neither Owner nor HFF, nor their respective equity holders, officers, employees and agents makes any representations or warranties, express or implied, as to the accuracy or completeness of such information. Any and all reference to age, square footage, income, expenses and any other property specific information are approximate. Any opinions, assumptions, or estimates contained herein are projections only and used for illustrative purposes and may be based on assumptions or due diligence criteria different from that used by a purchaser, and HFF, its partners, officers, employees and agents disclaim any liability that may be based upon or related to the information contained herein. Prospective purchasers should conduct their own independent investigation and rely on those results. The information contained herein is subject to change.