CORAL GABLES ENTRANCE DEVELOPMENT SITE 1715 DOUGLAS ROAD MIAMI, FL DOWNTOWN CORAL GABLES FOR SALE: $7,200,000 JORGE A DAVILA, P.A. [email protected] Note: This offering subject to errors, omissions, prior sale or withdrawal without notice Ph: (305) 776-2166 CORAL GABLES ENTRANCE DEVELOPMENT SITE INVESTMENT OPPORTUNITY The Katsikos Group (TKG), is pleased to exclusively offer an exceptional opportunity to purchase the prime corner of Douglas Road and SW 17th Street, one of the few available development sites in the thriving and high barrier to entry City of Coral Gables. The Site consists of 37,794 Square Feet (.87) net acres of land and a 2 story 12,912 +/- square foot former funeral home. The site allows for as of right 8 stories with ability to go up to 12 stories & develop up to 150 residential units to the acre and up to 264K SF + of gross development area. The site has approximately 240 feet of frontage on Douglas Road and approximately 155 of frontage on SW 17th Street. The site is steps away from Downtown Coral Gables with some of the area’s strongest urban and high center street office and retail markets. SITE DETAILS Property Address 1715 Douglas Road, Miami, FL Parcel Number 01-4109-029-0720 Lot Size 37,794 (0.867 AC) Zoning T-6 8 Open Height 8 or 12 Stories with bonuses FLR 5 or 7 with bonuses Uses Permitted Residential, Commercial, Hotel Density 150 units to the acre Note: This offering subject to errors, omissions, prior sale or withdrawal without notice Offering Highlights • Excellent Urban Infill location that serves as a Gateway into Coral Gables • Walkability and connectivity. Multiple modes of transportation to and from property. • Irreplaceable location on Douglas Road • T-6 8 O Zoning allows 264,000 SF of development • High barriers to entry for commercial developments • Extensive uses permitted— Residential, Offices, Medical, Commercial, Self Storage, and Hotels • Prime location in one of Miami-Dade County’s strongest and most desirable markets • A few blocks away from famed Miracle Mile, countless options for dining, shopping, perusing art and attend- ing cultural attractions DEMOGRAPHICS: Note: This offering subject to errors, omissions, prior sale or withdrawal without notice PRIME CORAL GABLES DEVELOPMENT SITE TRAVEL DISTANCE FROM SITE: • 0.20 Miles to Downtown Coral Gables • 0.35 Miles to Miracle Mile Shopping District • 2 Miles to Coconut Grove • 2.8 Miles to Miami International Airport • 3.5 Miles to Civic District • 4 Miles to Brickell/Downtown Miami • 8 Miles to Miami Beach 8669 NW 36 Street, Suite 315 Miami, Florida 33166 Telephone: (305) 717-1880 SW 17th St. www.thekatsikosgroup.com Jorge A. Davila, P.A. (305) 776-2166 [email protected] Douglas Road Douglas No warranties or representations, expressed or implied are made as to the accuracy of the information contained herein. The property is offered subject to errors, omissions, change of price, rental or other conditions including withdrawal without notice, and will be subject to any special conditions, which may be imposed or made by the owner of The Katsikos Group, Inc. The owner and The Katsikos Group, Inc. reserve the right to accept or reject any and all offers. .