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 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 2 4 BIRD’S EYE VIEW NE 36th Street 9,250 SF Lot 22,146 SF Lot Blvd Biscayne NE 36TH & I-195 31,396 Total SF Exit Ramp Miami Beach Miami International Airport 345-409 NE 36TH STREET | BIRD’S EYE VIEW 5 DEVELOPMENTDEVELOPMENT CONTEXT CONTEXT MAP MAP 6 2 5 10 11 NE 36 TH & I-195 9 13 1 3 12 4 7 8 14 15 16 17 19 18 20 Edgewater21 22 26 Edgewater / A&E / Midtown 23 24 25 1 | Paraiso District - 1,300 Units 11 | Elysee - 100 Units 21 | Urban 22 - 441 Units 2 | Biscayne Beach - 399 Units 12 | Modera Biscayne - 296 Units 22 | Canvas - 513 Units 3 | Icon Bay - 300 Units 13 | Aria on the Bay - 648 Units 23 | Filling Station Lofts - 81 Units 4 | Blu27 - 330 Units 14 | Nema Apartments - 845 Units 24 | Miami Plaza - 425 Units 5 | The Crimson - 90 Units 15 | Wynwood Bay - 156 Units 25 | Square Station - 710 Units 6 | Missoni Baia - 249 Units 16 | Kushner Tower - 400 Units 26 | Art Plaza - 667 Units 7 | 26 Edgewater - 86 Units 17 | Melody Tower - 497 Units 8 | Infinity/Arch - 250 Units 18 | AMLI Midtown - 512 Units Total Residential Units 9 | Modera Edgewater - 296 Units 19 | Midtown 29 - 309 Units Under Construction / Planned / Completed: 10 | Aria Reserve - 391 Units 20 | 27 Edgewater - 400 Units 10,692 within the last 5 years. 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 8% 4% PERCENT 0% 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 RETAILER / LOCATION MAP Upper East Side Miami Design District Biscayne Blvd NE 36TH & I-195 Midtown Wynwood Biscayne Blvd NE 2nd Ave Biscayne Bay Edgewater NE 2nd Ave Biscayne Blvd 345-409 NE 36TH STREET | RETAILER/LOCATION MAP 9 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.

Load more