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FOR SALE Sale Price $19,387,000

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FOR SALE Sale Price $19,387,000 200 SW 8 Street________________________________________________________________________ Miami, Florida Brickell Citi Centre SUBJECT 200 SW 8 St. FOR SALE Unique Hard Corner in the center of Brickell to Build a World Class Project with 122 residential or 244 hotel units plus retail Sale Price $19,387,000 Exclusively Listed with Alfonso Jaramillo [email protected] 305.975.5020 Exclusively Listed with Alfonso Jaramillo - [email protected] - 305.975.5020 200 SW 8 Street________________________________________________________________________ Miami, Florida CONFIDENTIALITY OF THIS REPORT This is a confidential report on the subject property intended for your sole use to determine if you wish to express further interest in the subject property. The confidential report contains brief information about the property offered for sale. It is subject to changes that can appear at any time, and will replace all previously reported information. This report contains estimates, projections and information about the property, and the members, directors, executives, managers and employees related to the property or Fortune International Realty do not assume any responsibility for the information contained in this report, for the accuracy and it’s effects, to notify any changes on the information or this report, or for any decisions based on the information contained herein. All data on the property is provided for information purposes. Fortune International Realty encourages the recipients of this report to thoroughly review and independently verify to recipient own satisfaction that the data provided are substantially representative of the property and can be realized upon when considering any interest of said property. Recipient of this report acknowledges that he has been advised to seek the independent counsel of an attorney and/or an accountant to verify the information on the property and to examine any and all applicable documentation relevant to the transaction. The information contained in this report is confidential. The recipient agrees that he will not disclose any of the contents contained in this report without prior authorization from Fortune International Realty. Exclusively Listed with Alfonso Jaramillo - [email protected] - 305.975.5020 200 SW 8 Street________________________________________________________________________ Miami, Florida TABLE OF CONTENTS 1. ABOUT THE PROPERTY 2. LOCATION 3. BRICKELL CITI CENTRE 4. SUMMARY OF AREA DEVELOPMENTS 5. SURVEY 6. RECENT COMPARABLES 7. RELEVANT NEWS Exclusively Listed with Alfonso Jaramillo - [email protected] - 305.975.5020 200 SW 8 Street________________________________________________________________________ Miami, Florida PROPERTY INFORMATION ADDRESS 200 SW 8 Street, Miami, FL 33130 TAX FOLIOS 01-0205-080-1010 DESCRIPTION Unique Brickell Corner LOCATION Center of Brickell TOTAL LAND AREA 26,600 SF ZONING T 6 – 24 O FLOOR LOT RATIO 7 GROSS DEVELOPMENT 186,200 SF GROSS DEV. W/ 25% BONUS 232,750 SF ASKING PRICE $ 19,387,000 PRICE / RESIDENTIAL UNIT $ 158,740 PRICE / HOTEL KEY $ 79,370 PRICE/SQFT $ 729 Exclusively Listed with Alfonso Jaramillo - [email protected] - 305.975.5020 200 SW 8 Street________________________________________________________________________ Miami, Florida PROPERTY DETAILS LOCATION The land is ideally located at the entrance to Brickell on SW 8 th St. It is: • 1 Block to Brickell Citi Centre • One block East of I-95. • 1 Block to Mary Brickell Village • 2 Blocks from Metrorail Brickell Station • 3 Blocks to Financial District Demand for residential units, hotel rooms or short term rentals in this area significantly benefit from a 24/7 area where tens of thousands of people Live, Work and Play. PROPERTY The land is suitable for a boutique mixed use project that can include retail on ground floor and mezzanine level; and up to 122 residential units or 244 hotel rooms, or a mix between both. Exclusively Listed with Alfonso Jaramillo - [email protected] - 305.975.5020 200 SW 8 Street________________________________________________________________________ Miami, Florida LOCATION The development opportunity is ideally located at the entrance to Brickell on SW 8 th Street Brickell Citi Centre SUBJECT 200 SW 8 St. S Brickell Citi Center SUBJECT 200 SW 8 St. Exclusively Listed with Alfonso Jaramillo - [email protected] - 305.975.5020 200 SW 8 Street________________________________________________________________________ Miami, Florida LOCATION Brickell Citi Centre SUBJECT 200 SW 8 St. SUBJECT 200 SW 8 St. Exclusively Listed with Alfonso Jaramillo - [email protected] - 305.975.5020 200 SW 8 Street________________________________________________________________________ Miami, Florida UNIQUE LOCATION BY BRICKELL CITI CENTRE As seen on all the previous location pictures 200 SW 8 TH Street is located just 1 block from World Class Brickell Citi Center. This 24/7 unique live style property currently has: • Two Residential towers – Reach and Rise with 893 Condominium Units • The East Hotel with 243 Hotel Rooms • 500,000 SF of Retail Space anchored by Saks Fifth Avenue and other world class retailers that include Apple, Zara, Hugo Boss, Audemars Piaget, Coach, Chopard, Intermix, Nest Casa, Onda de Mar, Victoria Secret Porshe Design and Swaroski among others Exclusively Listed with Alfonso Jaramillo - [email protected] - 305.975.5020 200 SW 8 Street________________________________________________________________________ Miami, Florida • Food and Beverage – More than 13 dining options that include Quinto La Huella, Italian Food Hall, Casa Tua, Tacology, Luke’s Lobster and Pubbelly Sushi among others • Entertainment - CMX Cinema • 150,000 SF Class A Office Building with world class companies such as law firm Akerman LLP, We Work and McKinsey & Company One Brickell Citi Centre will be the second phase of the project and will start construction in 2019. It would rise up to 80 stories and have 677,000 SF of Class A office Space, 67,000 SF of Retail, 256 Condominiums and a hotel with 120 rooms. Lastly, BCC continues to expand!!!! It was just announced that Swire will enter into a Joint Venture with Carlos Mattos to co-develop the 72,000 SF lot North of BCC where Oyster Bar and the old Tobacco Road bar used to be. According to the Real Deal – “Another block is being added to the plans of developer Swire Properties next to the Brickell City Centre development. Swire has agreed to a deal with Carlos Mattos to co-develop the property where the Tobacco Road bar once stood. Mattos owns the entire 72,000-square foot triangular block. A residential development is planned for the site.” For more information go to: https://www.thenextmiami.com/brickell-city-centre-developer-expanding-yet- another-block/ For more information on Brickell Citi Centre you can visit – http://brickellcitycentre.com/work/overview Exclusively Listed with Alfonso Jaramillo - [email protected] - 305.975.5020 200 SW 8 Street________________________________________________________________________ Miami, Florida UNIQUE LOCATION CLOSE TO MAJOR DEVELOPMENTS Subject Property – 26,600 SF for 122 Residential or 244 Hotel Rooms Brickell Citi Centre - 893 Condominium Units, 243 Hotel Rooms, 500,000 Retail, 150,000 SF Office Building Brickell Heights – 649 Condominiums, plus retail and office SLS Lux – 450 Hotel and Condominium Residences plus Retail Solitair Brickell – 321 Rental Units Chetrit -1,678 Residential Units, 330 hotel rooms and 266,000 of office and retail space Finvarb/Metro 1 Properties – Planned Mix Use Metrorail Station – Access to Miami International Airport, South Miami, Financial District Down Exclusively Listed with Alfonso Jaramillo - [email protected] - 305.975.5020 200 SW 8 Street________________________________________________________________________ Miami, Florida PROPERTY SITS ON THE MIDDLE OF THE BRICKELL GROWTH EXPLOSION $ 10 BILLION of Real Estate Value Created in the last 7 years - The Manhattan of the South 7,000 Condominium Units 1,500 Rental Units 1,622 Hotel Rooms 700,000 SF of Retail Space 200,000 SF of Office Space Exclusively Listed with Alfonso Jaramillo - [email protected] - 305.975.5020 200 SW 8 Street________________________________________________________________________ Miami, Florida COMPLETED PROJECTS o Brickell Citi Centre - 893 Condominium Units, 243 Hotel Rooms, 500,000 Retail, 150,000 SF Office Building o Aloft Hotel – 160 Rooms o My Brickell – 192 Condominiums o Millecento – 382 Condominiums o West Brickell Tower, Vista Grande Apartments, Citi High Apartments, Citi Crossings and West Brickell View – 462 Affordable Housing Units o Brickell House – 374 Condominiums o Brickell Heights -649 Condominiums o Nine at Mary Brickell Village – 390 Condominiums o Broadstone – 378 Rental Units o SLS – 583 Condominiums and Hotel Rooms o SLS Lux – 456 Condominiums and Hotel Rooms o Solitair – 321 Rental Units o The Bond – 323 Condominiums o Cassa Brickell – 81 Condominiums o Le Parc – 128 Condominiums o 1010 Brickell – 387 Condominiums o Echo Brickell – 180 Condominiums o Brickell Ten – 149 Condominiums o Atton Hotel – 275 Hotel Rooms o Homewood Suites – 102 Hotel Rooms UNDER CONSTRUCTION PROJECTS o Flatiron – 556 Condominiums o Maizon Brickell – 262 Rental Units o Panorama Tower – 821 Rental Units, 208 Hyatt Hotel, 100,000 SF of Office and 50,000 SF of Retail o Indigo Hotel – 230 Units Exclusively Listed with Alfonso Jaramillo - [email protected] - 305.975.5020 200 SW 8 Street________________________________________________________________________ Miami, Florida PLANNED PROJECTS
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