345-409-NE36ST-Oms

345-409 NE 36 St. NE 36TH & I-195 MIAMI, FL 33137

High Visibility Development Site for Sale

MICHAEL HINTON 305 570 2600 SENIOR ASSOCIATE INVESTMENT SALES 901 NE 79 ST 305 970 0262 MIAMI, FL 33138 [email protected] www.apexcapitalrealty.com PROPERTY OVERVIEW

HIGHLIGHTS

• Office Gross Buildable +/- 219,772 Sq Ft • Up to 270 Hotel Keys • Up to 135 Units • FAR of 7, Bonus* of Thirty Percent (30%) • Centrally located between the Design District, Midtown & Miami Beach

NE 36TH & I-195

Apex Capital Realty is pleased to exclusively offer the opportunity to acquire one of the most visible development sites in Edgewater Miami – NE 36th Street (“The Site”). Total Lot Size: 31,396 Sq Ft (0.90 Acres) Price per Buildable SF: $56.84 The property is composed of a 2-parcel assemblage spanning almost an acre next to I-195 at NE 36th Street with 146,000 vehicles passing the property daily (AADT 2019). Gross Development SF: +/- 219,772 Sq Ft

This represents a cornerstone opportunity to acquire a signature site with an allowed Gross Development SF (w/ bonus*): +/- 285,703 Sq Ft density of 135 residential units or 270 hotel keys and with a buildable area of over 219,000 SF. The zoning allows a variety of uses including Office, Multifamily, Hotel, Residential Density Allowed: 135 ($88K per Door) Retail, or Luxury Condominiums. Billboard income is included and can be converted to Hotel Keys Allowed: 270 ($44K per Key) a garage banner for advertising income which allows a developer to capitalize on the high visibility and prestigious location with immediate access to the Design District, Asking Price: $11,930,480 Miami Beach, Midtown and other high-traffic, dense areas sought after in Miami. * Bonus Building Height Permitted Only If The Development Contributes Toward Specified Programs That Provide Benefits To The Public. Additional Height For Leed Certified Buildings, For Development Of A Brownfield Or For Be a part of the new Edgewater growth as Miami continues to attract investments in Development That Donates A Civic Space Type Or Civil Support Use Area To The City Of Miami . key locations such as the NE 36th Street site.

345-409 NE 36TH STREET | PROPERTY OVERVIEW 2 PARCEL 1

01-32-19-000-0090

Parcel # : 01-32-19-000-0090 Parcel Size : 22,146 Sq Ft

Zoning: T6-24A-O Minimum Open Space: 10%

Allowed Uses: Residential, Lodging, Office, Commercial, Maximum Height Stories: 24 Stories, 48 Stories With Bonus* Civic, Civic Support, Educational, Industrial Maximum Residential Units Allowed: 104

Overlays: Affordable Housing / Workforce Density Bonus Primary Frontage Setback: 10.00 Ft

Additional Information: Sec. 3.13.1 (b) Sustainability, Off-street bicycle Secondary Frontage Setback: 10.00 Ft parking, County Future Land Use Business and Max Lot Coverage: 80% Office, County Future Land Use Transportation, FAA 649’ Height Limitation * Bonus Building Height Permitted Only If The Development Contributes Toward Specified Programs That Provide Benefits To The Public. Additional Height For Leed Certified Buildings, For Development Of A Brownfield Or For Development That Donates A Civic Space Type Or Civil Support Use Area To The City Of Miami .

345-409 NE 36TH STREET | PARCEL 1 3 PARCEL 2

01-32-19-000-0080

Parcel # : 01-32-19-000-0080 Parcel Size : 9,250 Sq Ft

Zoning: T6-24A-O Minimum Open Space: 10%

Allowed Uses: Residential, Lodging, Office, Commercial, Maximum Height Stories: 24 Stories, 48 Stories With Bonus* Civic, Civic Support, Educational, Industrial Maximum Residential Units Allowed: 31

Overlays: Affordable Housing / Workforce Density Bonus Primary Frontage Setback: 10.00 Ft

345-409 NE 36TH STREET | PARCEL 2 4 Biscayne Blvd 5 BIRD’S EYE VIEW

345-409 NE 36TH STREET International Airport International Miami

9,250 SF Lot TH TH 31,396 Total SF 31,396 Total NE 36 & I-195 & I-195 NENE 36 36 22,146 SF Lot 22,146 SF

Exit Ramp Miami Beach NE 36th Street NE 36th

BIRD’S EYE VIEW VIEW EYE EYE BIRD’S BIRD’S DEVELOPMENT CONTEXT MAP

2 6 10 11 5 13 NE 36TH & I-195 1 3 9 12 4 7 8 14 15 16 17 19 18 20 Edgewater21 22 26 Edgewater / A&E / Midtown 23 24 25

345-409 NE 36TH STREET | DEVELOPMENT CONTEXT MAP 6 KEY DEMOGRAPHICS / 15 MINUTE WALK TIME

employment overview INCOME 345-409 NE 36th st, miami, FL 33173 EDUCATION

13% 12 % HIGH SCHOOL DIPLOMA $42,406 $67,821 Per Capita Income $37,221 median household median net worth 21 % 53 % income SOME COLLEGE BACHELOR’S / GRAD / PROF DEGREE

BUSINESS KEY FACTS 13,532 36.1% POPULATION MEDIAN AGE

1,826 11,136 total businesses total employees 6,711 $55,236 HOUSEHOLDS MEDIAN DISPOSABLE INCOME

COMMUTERS EMPLOYMENT

64 % 14 % WHITE COLLAR BLUE COLLAR 22 % 64.5 % spend 7+ hrs drive alone to work commuting to & from 21 % 7.2 % work per week This infographic contains data provided by American Community Survey (ACS), Esri, Esri and GfK SERVICES UNEMPLOYMENT RATE MRI, Esri and Data Axle. The vintage of the data is 2015-2019, 2020, 2025.

345-409 NE 36TH STREET | KEY DEMOGRaphics 7 KEY DEMOGRAPHICS / 15 MINUTE WALK TIME TAPESTRY KEY FACTS EDUCATION SEGMENTATION THE FABRIC OF AMERICA’S NEIGHBORHOODS 13% 14% $345,295 $67,821 NO HS DIPLOMA HS GRADUATE median home VALUE median hH INCOME 5.1 HOME VALUE TO 36.1 INCOME RATIO 6,711 21% 53% MEDIAN AGE HOUSEHOLDS SOME COLLEGE DEGREE OR HIGHER

age proFIle 345-409 NE 36th st.

12 % Dots show comparison to: Miami-Dade County

4% PERCENT

0-4 5-9 85 10-14 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69 70-74 75-79 80-84

Households By Income TRENDSETTERS 40.5 % 2,720 HOUSEHOLDS OF HOUSEHOLDS The Largest Group: $50,000 - $74,999 (19.2%) The Smallest Group: $200,000+ (5.8%) Indicator Value Diff <$15,000 8.9% -3.9% YOUNG & RESTLESS 21.5 % $15,000 - $24,999 6.9% -4.4% 1,443 HOUSEHOLDS OF HOUSEHOLDS $25,000 - $34,999 6.5% -3.1% $35,000 - $49,999 12.7% +0.1% $50,000 - $74,999 19.2% +1.6% $75,000 - $99,999 16.3% +5% METRO RENTERS 16 % 1,071 HOUSEHOLDS OF HOUSEHOLDS $100,000 - $149,999 16.5% +4.3% $150,000 - $199,999 7.3% +1.5% TAPESTRY SEGMENTS TAPESTRY $200,000+ 5.8% -0.9% This infographic contains data provided by Esri. The vintage of the data is 2020. ©2021 Esri

345-409 NE 36TH STREET | KEY DEMOGRaphics 8 9

Biscayne Bay

Upper East Side East Upper Biscayne Blvd Biscayne THTH RETAILER/LOCATION MAP RETAILER/LOCATION

NENE & I-195 & I-195 36 36 Biscayne Blvd Biscayne Edgewater

345-409 NE 36TH STREET Biscayne Blvd Biscayne

NE 2nd Ave 2nd NE

Miami Design District Ave 2nd NE Midtown Wynwood

RETAILER / LOCATION MAP MAP LOCATION LOCATION / / RETAILER RETAILER LOCATION MAP Key Biscayne Miami Beach Miami Beach Convention Center Macarthur CausewayPort of Miami

Venetian Causeway

Julia Tuttle Causeway Downtown/ Brickell Biscayne Bay

Arts & Ent. District

NE 36TH & I-195 Edgewater

Wynwood Midtown Design District

345-409 NE 36TH STREET | LOCATION MAP 10 WYNWOOD

345-409 NE 36TH STREET | WYNWOOD 11 MIAMI DESIGN DISTRICT

345-409 NE 36TH STREET | MIAMI DESIGN DISTRICT 12 MIDTOWN

345-409 NE 36TH STREET | MIDTOWN 13 NE 36TH & I-195

MICHAEL HINTON 305 570 2600 SENIOR ASSOCIATE INVESTMENT SALES 901 NE 79 ST 305 970 0262 MIAMI, FL 33138 [email protected] www.apexcapitalrealty.com