± 5.97-Acre Prime Palmer Lake Parcel

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NW SOUTH RIVER DRIVE Le Jeune Road 3550 NW S RIVER DR ± 5.97-acre Prime Palmer Lake Parcel Partnership. Performance. Investment Highlights Emerging Market - After recently being rezoned for Access - Nestled between 836 and 112, this is Miami’s most dense mixed use, the Palmer Lake submarket has several central, urban pocket. Moreover, MDX has funded plans millennially themed hotels under construction as well as to create even better access by creating an extension supporting retail uses directly into Palmer Lake off of 112 Transit Oriented Development - Directly East of the $2B Waterfront - Situated right on Palmer Lake and directly Intermodal center that serves as the primary hub for the across from the River, this property is one of Palmer Lake’s Metromover and Tri-Rail, the Palmer Lake market is the prime development parcels anchor market for all public transportation in Miami-Dade County David F. Spiller, SIOR Michael T. Fay Vice President Principal, Managing Director - Miami 305.447.7856 305.446.0011 [email protected] [email protected] ± 5.97-acre Prime Palmer Lake Parcel Miami International Airport N PROPERTY SUMMARY HOTELS Address 3550 NW S River Drive Miami, FL 33142 Radisson Red 155 rooms Parcel ID 30-3128-028-0030 Intercontinental 190 rooms Building Area 5,500 sf The Element 209 rooms Lot Size 5.97 ac | 260,271 sf Staybridge Suites 153 rooms Upland 2.98 ac | 130,070 sf Submerged 2.99 ac | 130,244 sf Year Built 1979 Center Sub-District of Palmer Lake Metropoolitan Zoning Urban Center (PLMUC) District ± 5.97-acre Prime Palmer Lake Parcel PALMER LAKE METROPOLITAN URBAN CENTER (PLMUC) DISTRICT Subject Property LEGEND MIC Core Center Riverside Subject Property Some of the permitted uses in the MIC Center Subdistrict are as follows: • All uses permitted in the IU-1, IU-2, BU-2 including some BU-3 retail uses • Residential uses up to 250 units per acre • Hotels, Motels and apartment hotels developed for transient residential uses up to 375 units per acre • Mobile food sales and services • Commercial parking garages CLICK HERE FOR MORE SPECIFIC USE & ZONING INFO. ± 5.97-acre Prime Palmer Lake Parcel Hialeah CRA Hialeah Market Station Metrorail Tri-Rail Subject Property Miami International AirportMiami International Miami Intermodal Center Miami International Airport Station David F. Spiller, SIOR Michael T. Fay Vice President Principal, Managing Director - Miami 305.447.7856 305.446.0011 [email protected] [email protected].

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House of Representatives Final Bill Analysis Summary
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