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5101 Biscayne Boulevard: Planned Landmark Mixed-Use Project by the Mattoni Group

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5101 Biscayne Boulevard: Planned Landmark Mixed-Use Project by the Mattoni Group MAIN CORRIDOR COVERED LAND / OFFICE BUILDING FOR SALE OPPORTUNITY SUMMARY Apex Capital Realty is pleased to present an extremely centrally located covered land play / prime office building sitting along Miami’s main mixed-use corridor at 5061 Biscayne Boulevard. Located in the charming Upper Eastside portion of the Boulevard, the site sits just outside of the Design District and at the entrance to the historic Miami Modern (MiMo) District. Previously utilized as a single-tenant headquarter office space for an events production & catering company, the building was remodeled to accommodate both heavy kitchen and professional office use, with nearly the entire ground floor (approx. 4,000 SF) devoted to a fully built-out commercial kitchen complete with loading bays/garage. The second floor features over 5,000 usable square footage of updated office plus chic conference room. In total throughout the building there are over 15 private offices of varying sizes which can be repurposed for a range of uses. Made up of a 2 parcel assemblage with full-block frontage, the offering comprises a total of 28,728 Square Feet of Land, and just over 12,000 Square Feet of Building. It would be the buyer’s prerogative whether to utilize the space as an end-user, conduct further remodeling to bring the building even more up-to-date & lease out to a top-tier tenant, or utilize the land and re-develop the site into a mixed-use or residential project as others in this direct vicinity are doing. In the heart of Miami’s Upper Eastside neighborhood, the site sits just adjacent to the thriving residential communities of Morningside and Bay Point, and is passed by nearly 40,000 vehicles daily at this live/work/play portion of town. Just a couple blocks to the South there is a Publix and to the North several new construction projects at several stages of development. The opportunities are endless for the right buyer with a creative plan to capitalize on the location and infrastructure this site has to offer. PROPERTY OVERVIEW / ZONING Property Addresses: 5061 Biscayne Boulevard, Miami, FL 33137 Neighborhood: Upper Eastside / MiMo District Lot & Building Size Breakdown: 5061 Biscayne Blvd: 15,444 Land SF / 12,012 Adj. SF Adjoining parcel: 13,284 Land SF (parking lot) Total: 28,728 Land SF (0.66 acres) Frontage: Zoning: T4-O Approx. 200 feet on Biscayne Max. Height: 3 stories (full block corner location) Lot Coverage: Max. 60% Density: 36 units per acre Max. # of Units: 23 BUILDING OVERVIEW The building includes two (2) stories suitable for single-tenant office and/or mixed-use with a commissary kitchen. • 1st Floor: 4,844 SF (primarily comprised of fully built-out commercial kitchen) • 2nd Floor: 5,264 SF • Total Leasable Area: 10,108 SF • Total Adjusted SF: 12,012 SF Additional details: • 40 parking spaces • 2 drive-in bays • Contains 18+ private offices plus conference room **Additional interior photos + floorplans available upon request ADDT’L BUILDING PHOTOS ALLOWABLE USES Situated along Biscayne Boulevard, the main mixed-use corridor of Miami, the site carries a T4-O zoning which allows for the following uses: • Multi-family • Bed & Breakfast/Inn • Office • Entertainment Establishment • Food Service Establishment • General Commercial • Recreational Facility • Religious Facility • Research Facility • Located in the heart of Miami’s MiMo District, the owner/user will LOCATION OVERVIEW be minutes from Miami’s top destinations such as Design District, Midtown, & the Wynwood Art District • Specifically, the charming Upper Eastside neighborhood is just north of Edgewater, east of Little Haiti, south of the village of Miami Shores, and sits on Biscayne Bay. It contains the subdivisions of Magnolia Park, Bay Point, Morningside, Bayside, Belle Meade, Shorecrest, and Palm Grove. • Daily traffic count over 38,500 vehicles from both North & Southbound Biscayne Blvd traffic BOUTIQUE VIBES The MiMo District along Biscayne Boulevard is host to many art galleries, shops and restaurants. This particular portion of the district is undergoing a CHICA: revival of boutique new construction projects, with Upscale restaurant concept by creative retail, residential and office. Chef Lorena Garcia 5101 Biscayne Boulevard: Planned landmark mixed-use project by The Mattoni Group Paseo Miami: Under construction luxury residential/retail project 5061 Biscayne Boulevard by 13th Floor Investments & Tricera Capital SUBJECT SITE ASKING PRICE / $7,500,000 Equivalent to approximately: $261 per Land Square Foot / $624 per Building Square Foot .
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