2600 NE 2ND AVE MIAMI, FL 33137 ALEXANDROS K. TSOULFAS JAMIE ROSE MANISCALCO Commercial Advisor Commercial Advisor/Team Lead 305 972 7217 201 264 0113 LAND/DEALS [email protected] [email protected] TABLE OF CONTENTS OFFERING SUMMARY 3 LEASE ABSTRACT 4 901 NE 79 ST PROPERTY IMAGES 5 MIAMI, FL 33138 www.apexcapitalrealty.com TRANSPORTATION 6 PROJECT LOCATION MAP 7 ALEXANDROS K. TSOULFAS Commercial Advisor LOCATION MAP 8 305 972 7217 [email protected] NEIGHBORHOODS 9 JAMIE ROSE MANISCALCO Commercial Advisor/Team Lead 201 264 0113 [email protected] OFFERING SUMMARY Lot Size: 14,155 SF (0.33 Acres) Lot Dimensions: 101’ x 140’ Zoning: T6-12-O FLR: 8 Max. Buildable Sq. Ft.: 113,240 BSF Max. Height: 12 Stories Max. Density: 150 du/acre (49 units on this site) Allowable Uses: Hotel, Mixed-Use, Multi-Family, Retail, Office Asking Price: $4,990,000 ($353/SF) APEX Capital Realty is proud to present a 14,155 Sq. Ft. covered land parcel on an active corner at NE 2nd Avenue & NE 26th Street in the Edgewater neighborhood. This particular block, which is within a Qualified Opportunity Zone, has also been touted as the location for the proposed “Wynwood” TriRail station which could trigger zoning changes to promote Transit-Oriented Development in the area. Currently, the property is occupied by tenant Midtown Garden Center, a local charm and popular neighborhood plant nursery utilizing creative temporary structures to provide some income to the property owner in the interim. ALEXANDROS K. TSOULFAS | COMMERCIAL ADVISOR | 305 972 7217 This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. ©2020-2021 APEX CAPITAL REALTY LLC. JAMIE ROSE MANISCALCO | COMMERCIAL ADVISOR/TEAM LEAD | 201 264 0113 3 LEASE ABSTRACT Tenant: Midtown Garden Center LEASE ABSTRACT • Lease Commencement Date: July 4, 2012 • Lease Expiration: September 30, 2020 • Term: Month-to-Month • Base Rent: $7,500/mo ($90k/year) • Lease Type: NN – Landlord responsible for property taxes • Current NOI: $60,098 annually – upon a sale with the change in taxes this income will likely only cover carrying costs ALEXANDROS K. TSOULFAS | COMMERCIAL ADVISOR | 305 972 7217 This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. ©2020-2021 APEX CAPITAL REALTY LLC. JAMIE ROSE MANISCALCO | COMMERCIAL ADVISOR/TEAM LEAD | 201 264 0113 4 PROPERTY IMAGES PROPERTY ALEXANDROS K. TSOULFAS | COMMERCIAL ADVISOR | 305 972 7217 This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. ©2020-2021 APEX CAPITAL REALTY LLC. JAMIE ROSE MANISCALCO | COMMERCIAL ADVISOR/TEAM LEAD | 201 264 0113 5 TRANSPORTATION 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. ALEXANDROS K. TSOULFAS | COMMERCIAL ADVISOR | 305 972 7217 This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. ©2020-2021 APEX CAPITAL REALTY LLC. JAMIE ROSE MANISCALCO | COMMERCIAL ADVISOR/TEAM LEAD | 201 264 0113 6 PROJECT LOCATION MAP PROJECT LOCATION NEMA APTS SITE AMLI MIDTOWN NE 29 ST & NE 2 AVE MULTI-FAMILY ON THE EAST SIDE OF METRO 3000 NE 2 AVE NE 2 AVE EDGEWATER SITE LOCATED ON NE 31 ST RIGHT NEXT TO THE PARAISO BAY COMPLEX 27 EDGEWATER SITE 2728 NE 2 AVE FAIRHOLME MUSEUM SITE BISCAYNE BLVD & 26 ST 2600 NE 2ND AVE MIAMI, FL 33137 SHEPHERD ECO WYNWOOD SITE 60 NE 27 ST ISLAND BAY TOWERS SITE 700 NE 24 ST PROPOSED TRAIN STATION SITE RIGHT OFF THE LOCATION OF 127 NE 27 ST ELYSEE TOWER EDGEWATER SITE 700 NE 23 ST ALEXANDROS K. TSOULFAS | COMMERCIAL ADVISOR | 305 972 7217 This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. ©2020-2021 APEX CAPITAL REALTY LLC. JAMIE ROSE MANISCALCO | COMMERCIAL ADVISOR/TEAM LEAD | 201 264 0113 7 LOCATION MAP LOCATION BISCAYNE BAY edgewater BISCAYNE BLVD BISCAYNE BLVD BISCAYNE BLVD 2600 NE 2ND AVE MIDTOWN MIAMI, FL 33137 FEDERAL HWY/EAST COAST AVE 2ND AVE 2ND AVE FEDERAL HWY/EAST COAST AVE ART DISTRICT ART WYNWOOD N MIAMI AVE N MIAMI AVE N MIAMI AVE ALEXANDROS K. TSOULFAS | COMMERCIAL ADVISOR | 305 972 7217 This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. ©2020-2021 APEX CAPITAL REALTY LLC. JAMIE ROSE MANISCALCO | COMMERCIAL ADVISOR/TEAM LEAD | 201 264 0113 8 NEIGHBORHOODS 1. 2. LITTLE HAITI 1 . LITTLE HAITI 2. UPPER EAST SIDE 3. BUENA VISTA 3. BUENA SIDE EAST UPPER 4. MIAMI DESIGN DISTRICT VISTA 5. ALLAPATAH 4. MIAMI DESIGN DISTRICT 6. WYNWOOD NORTE 5. 6. 7. WYNWOOD 8. 7. MIDTOWN NORTE MIDTOWN 8. EDGEWATER ALLAPATAH 9. 9. WYNWOOD WYNWOOD 10. CIVIC CENTER 11. ARTS 10. & ENT CIVIC EDGEWATER 11. ARTS & ENT DISTRICT CENTER DISTRICT 12. OVERTOWN 12. 13. 13. DOWNTOWN 14. BRICKELL OVERTOWN DOWNTOWN 14. BRICKELL ALEXANDROS K. TSOULFAS | COMMERCIAL ADVISOR | 305 972 7217 This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. ©2020-2021 APEX CAPITAL REALTY LLC. JAMIE ROSE MANISCALCO | COMMERCIAL ADVISOR/TEAM LEAD | 201 264 0113 9 901 NE 79 ST MIAMI, FL 33138 www.apexcapitalrealty.com ALEXANDROS K. TSOULFAS Commercial Advisor 305 972 7217 [email protected] JAMIE ROSE MANISCALCO Commercial Advisor/Team Lead 201 264 0113 [email protected].