MIAMI PORTFOLIO NW 32ND AVENUE & NW SOUTH RIVER DRIVE Miami, FL 33142

FOR SALE MIAMI PORTFOLIO NW 32ND AVENUE & NW SOUTH RIVER DRIVE Miami, FL 33142

PROPERTY FEATURES + 5 Parcels – 7.41 AC total with 1,710’ of waterfront on the Miami River and Tamiami Canal (C-4)

+ Two-story, 32,996 sf ofﬁ ce building

+ 718’ existing seawall on the Miami River

+ 2 existing ﬁ nger piers (50’ and 65’) with 3 existing wet slips and a travelift slip

+ Ideal location to develop a new boatyard, re-ﬁ t facility, drystack, or cargo shipping center

+ Situated less than 1 mile east of MIA and the Miami Intermodal Center, a new 27 AC all-inclusive ground transportation hub

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www.mia-portfolio.com FOR SALE MIAMI PORTFOLIO

PROPERTY OVERVIEW The Miami Portfolio consists of 5 parcels totaling 7.41 AC situated at intersection of NW 32nd Avenue and NW South River Drive. There is a combined 1,710’ of waterfront along the west side of the Miami River and north side of the Tamiami Canal (C-4).

PALMER LAKE METROPOLITAN URBAN CENTER (PLMUC) DISTRICT http://www.miamidade.gov/zoning/library/reports/palmer-lake-district-regulations.pdf The property falls within Miami-Dade County’s Palmer Lake Metropolitan Urban Center (PLMUC) zoning district which allows for a number of commercial development, residential, and hotel uses. One of the county’s goals within this zoning district is to maintain and promote marine activity on the Miami River by encouraging the retention of water dependent and water related uses consistent with the Port of Miami River Sub-element of Miami-Dade County’s Comprehensive Development Master Plan.

COMPREHENSIVE DEVELOPMENT MASTER PLAN (CDMP) http://www.miamidade.gov/planning/cdmp.asp Under Miami-Dade County’s Comprehensive Development Master Plan (CDMP) and updated 2020 - 2030 Adopted Land Use Plan the property has an Industrial and Ofﬁ ce designation.

TAMIAMI CANAL BRIDGE https://www.miamidade.gov/publicworks Just to the east of the property, the former Tamiami Canal swing bridge running along NW South River Drive, is currently being replaced with bascule bridge. The project (Miami-Dade County Department of Transportation & Public Works Project No. 20140081) includes widening and improving the approach roadways, providing stormwater drainage, dredging the Tamiami Canal, and relocating an existing 24” water main. Construction is estimated to be completed in February of 2018. NW 32ND AVENUE & NW SOUTH RIVER DRIVE MIAMI, FL 33142

TAMIAMI CANAL & MIAMI RIVER

THE TAMIAMI CANAL The Tamiami Canal (C-4) provides excellent freshwater ﬁ shing in more than 27 miles of boat accessible canals and small lakes. The canal averages about 8’ deep, and some of the interior lakes are more than 50’ deep.

THE MIAMI RIVER The Miami River is a Florida Department of Transportation (FDOT) designated Emerging Strategic Intermodal System (SIS) Waterway and is an economically critical artery of commerce, running 5.5 miles from the Miami International Airport to the western side of the Biscayne Bay.

MIAMI RIVER STATS + 5.5 mile long federal navigable section dredged to 15’ with 75’ vertical clearance + 25 boatyards / marinas + 12 International Shipping Terminals + Over $1 billion in goods shipped annually + Over 1 million tons shipped annually with a market focus on shallow draft Caribbean ports + 7,500 new residential units + 21 operating restaurants + Located within close proximity to PortMiami, a 520 AC cargo terminal and the top cruise ship port in the world

MIAMI RIVER COMMISSION Florida’s State Legislature created the Miami River Commission in 1998 and is the ofﬁ cial clearinghouse for all public policy and projects related to the Miami River. The Commission has become an important ally to the City of Miami in optimizing the extraordinary resources – historic, cultural, economic, environmental and recreational – of this unique waterway.

There are number of on-going Miami River Commission initiatives to assist with the waterway, inclusive of the Miami River Corridor Urban Inﬁ ll Plan, the Miami River Corridor Multi-Modal Transportation Plan, and the Miami River Greenway Action Plan. FOR SALE NW 32ND AVENUE & NW SOUTH RIVER DRIVE MIAMI RIVERFRONT MIAMI, FL 33142

LOCATION MAP

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www.mia-portfolio.com

MICHAEL SILVER, SIOR JASON SPALDING First Vice President Associate +1 305 779 3124 +1 954 331 1719 [email protected] [email protected] CBRE, Inc. | Licensed Real Estate Broker www.mia-portfolio.com