Edgewater Development Site Containing a New Automotive Retail Building

EDGEWATER DEVELOPMENT SITE CONTAINING A NEW AUTOMOTIVE RETAIL BUILDING

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, MIGUEL A. PINTO | (305)632-2575 | [email protected] 1 warranty or representation about it. ©2020-2021 APEX CAPITAL REALTY LLC. CONTACT TABLE OF CONTENTS

MIGUEL A. PINTO M: 305.632.2575 Property Overview ...... 3-4 E: [email protected] Assemblage Information ...... 5 APEX Capital Realty LLC Investment Highlights ...... 6-7 901 NE 79 ST Miami FL, 33138 O: 305.632.2575 W: apexcapitalrealty.com Transportation ...... 8 Location Map ...... 9 Contact ...... 10

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, 2 warranty or representation about it. ©2020-2021 APEX CAPITAL REALTY LLC. Proposed 2140-2144 NE 2ND AVE. Wynwood/Edgewater Station

Tri-Rail 7,643 SF 2019 22,272 SF T6-12-O Building Size Year Built Lot Size Zoning

NE 2nd Ave WELCOME TO EDGEWATER

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, MIGUEL A. PINTO | (305)632-2575 | [email protected] 3 warranty or representation about it. ©2020-2021 APEX CAPITAL REALTY LLC. APEX Capital Realty is pleased to present the opportunity to acquire the Midas Site in Edgewater. The site is Braman com-posed of 22,272 SF of land and has a newly Miami constructed 7,643 SF automotive retail building that is National Youth Arts currently own-er occupied. This site is prime for Foundation HQ redevelopment due to its strategic location in the most active area of Miami for development. The site sits in between the new Braman collection of dealerships, the National Young Arts Foun-dation headquarters, the upcoming Melo Group multi-family site and other major assemblages that will be re-developed in the nearBUILDING future. SIZE 7,643 SF

YEAR BUILT 2019

LOT SIZE 22,272 SF

ZONING T6-12-O

GROSS DEVELOPMENT SF +/-178,176 / (+/-231,128 Incl Bonuses)

MAXIMUM DENSITY 77 residential Units / 154 Hotel Keys

MAX HEIGHT: 12 Stories (+8 Bonus Stories)

ASKING PRICE $6.75M

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, MIGUEL A. PINTO | (305)632-2575 | [email protected] 4 warranty or representation about it. ©2020-2021 APEX CAPITAL REALTY LLC. 30,752 SF

ASSEMBLAGE INFORMATION (INCLUDING MIDAS)

Total Land Area: 30,752 SF (0.71 acres) Existing Building Area: 10,467 SF Dimensions: 160 Ft x 200 Ft (approx.) Density: 106 Units on this site (150 du/acre) Max. Height: 12 Stories Buildable Sq Ft: 246,016 BSF Asking Price: $8,750,000 ($285/SF) ASSEMBLAGE INFORMATION Additional assemblage opportunity available. Inquire with broker for more information.

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, MIGUEL A. PINTO | (305)632-2575 | [email protected] 5 warranty or representation about it. ©2020-2021 APEX CAPITAL REALTY LLC. INVESTMENT HIGHLIGHTS warranty or representation about it. ©2020-2021 APEX CAPITAL REALTY LLC. REALTY CAPITAL ©2020-2021 APEX about it. orrepresentation warranty itandmake noguarantee, We believed reliable. verified have not sources from beenobtained has information This • • Located WithinanOpportunityZone which the opportunity zone investment is disposed of or December 31,2026. oforDecember isdisposed zone investment opportunity the which date ofthe on earlier onthe berecognized must gain deferred Fund. The inanOpportunity invested new t The ta may allow which Zone Opportunity designated federally recently the within site isalsolocated The x breaks with possible elimination of cap gains for investors. for gains elimination ofcap possible with x breaks   post-acquisition gains 10y After by 15%. isincreased basis tax the 7years, by 10%,andafter t After ax law allows for a temporary deferral of inclusion in taxable income for capital gains re- gains capital for income intaxable ofinclusion deferral law atemporary for allows ax he investment is held for 5 years, the tax basis in the original investment is increased isincreased investment original inthe basis tax the 5years, isheld for he investment ears, investors permanently avoid any capital gains tax on the onthe tax gains avoid any capital permanently investors ears,

6 INVESTMENT HIGHLIGHTS warranty or representation about it. ©2020-2021 APEX CAPITAL REALTY LLC. REALTY CAPITAL ©2020-2021 APEX about it. orrepresentation warranty itandmake noguarantee, We believed reliable. verified have not sources from beenobtained has information This 3. 2. 1. thereof: oracombination alternatives four orby complying with development (5-10%)ofthe to WHU beappliedby allocating bonuscan The of four). afamily for size Development ($42,600to to $99,400, respectively, andadjusted family Urban ofHousing and Department byUnited the States reported as medianincome area County’s 140% ofthe to 60% within are whoseincomes families to thatas housing isaffordable housing isdefined Workforce housing. development the for ofworkforce incentives (5%-100%)andother bonuses density vides - thatpro program isavoluntary Housing Development Program Workforce County Miami-Dade The Workforce HousingDensityBonus 5. 4. Off-site c Off-site Rehabilit inlieuofWHUs contribution Monetary Combination of the above ofthe Combination to County. the oflandacceptable Conveyance inmunicipalities). sites (including corridor atransit within (c) onstruction within a 2-mile radius ofsite a2-mileradius within onstruction ation of existing properties: (a) within 3 miles of site; (b) within the Urban Infill Area, or InfillArea, Urban the within (b) ofsite; 3miles (a)within properties: ation ofexisting

7 The site is located nearby the proposed Wynwood Brightline and Coastal Link stop on 27th ST. The Brightline is planned to offer service to Orlando in the next two years and is planning to expand to the Tampa area in the future. In addition to the Brightline, there is a Coastal-Link service being planned which will be operated by Tri-Rail. This service will travel from Miami to Palm Beach and offer local stops. Biscayne Blvd is another major transit corridor.

0.4 mile radius 7 min walk

TRANSPORTATION MIDTOWN

NE 29thSt

NE 28thSt

NE 27thSt EDGEWATER WYNWOOD Train Station NE 26thSt

NE 25thSt

NE 24thSt Biscayne Blvd

NE 23rd St N Miami Ave NE 2nd Avenue

NE 22nd St NW 2nd A ve

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, MIGUEL A. PINTO | (305)632-2575 | [email protected] 8 warranty or representation about it. ©2020-2021 APEX CAPITAL REALTY LLC. MIAMI BEACH

LITTLE HAITI upper eastside JULIA TUTTLE CAUSEWAY

MIAMI DESIGN DISTRICT EDGEWATER NE 2 AVE BISCAYNE BAY

SHOPS AT MIDTOWN 2140-2144 NE 2 AVE MIDTOWN BISCAYNE BLVD WYNWOOD NE 2 AVE THE ART INSTITUTE VENETIAN CAUSEWAY LOCATION MAP WYNWOOD WALLS MACARTHUR CAUSEWAY NE 2 AVE PEREZ ART MUSEUM

ADRIENNE ARSHT CENTER FROST MUSEUM FTX ARENA

BISCAYNE BLVD NE 2 AVE

DOWNTOWN

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, MIGUEL A. PINTO | (305)632-2575 | [email protected] 9 warranty or representation about it. ©2020-2021 APEX CAPITAL REALTY LLC. MIGUEL A. PINTO M: 305.632.2575 E: [email protected]

APEX Capital Realty LLC 901 NE 79 ST Miami FL, 33138 O: 305.632.2575 W: apexcapitalrealty.com