2052 SW 1 ST, MIAMI, FL 33135 LITTLE HAVANA SHOVEL-READY 43 UNIT DEVELOPMENT PROJECT. ASK $1,800,000 PROPERTY SIZE 12,500SF MAURICIO VILLASUSO C: 305 340 8901 E: [email protected] PROPERTY SUMMARY The site is ready to break ground under approved phased permitting. 12,000 SF T6 site benefits from efficient design, deferred impact fees, architecture and engineering costs paid, and 7 story height which precludes you from high-rise requirements, thus makes for a more efficient, cheaper to build building. Little Havana is a vibrant, and economically booming neighborhood, benefitting from its strategic location adjacent to cosmopolitan Brickell, and centric to all of Miami’s major employment centers such as Downtown, Coral Gables, the Health District and the airport. The area enjoys great public transportation, walkability, and a rich cultural environment. The area is also experiencing an economic renaissance, with many new projects being designed for the area, increasing population densities, and growing incomes. Join the wave of new investment targeting the cultural beating heart of Miami in Little Havana, and the abundant affluent consumers in nearby Brickell and Coral Gables. SITE PLAN SITE PLAN SITE PLAN PROPERTY LOCATION WYNWOOD ALLAPATTAH MIAMI INTL AIRPORT EDGEWATER HEALTH DISTRICT BECKHAM STADIUM MIDTOWN LITTLE HAVANA MARLINS PARK DOWNTOWN 2052 SW 1 ST BRICKELL CITY CENTER BRICKELL FINANCIAL DISTRICT 6.1 miles to Miami International Airport CORAL WAY CORAL GABLES 2.7 miles to Downtown UNIVERSITY OF MIAMI 1.6 miles to Calle 8 COCONUT GROVE Little Havana Is a booming neighborhood located in the heart of Miami. It is home to delicious restaurants such as LITTLE Versailles, trendy bars like Casa Florida, and outstanding dessert venues like HAVANA Azucar. It is currently attracting a diverse number of startups, new retail, trendy restaurants, bars, galleries, recreational activities and others. The neighborhood has been on a steady rent growth over the past few years, many new developments have added value to this enchanting neighborhood, making it one of the most visited areas in Miami. "Calle 8" is famous for its concentration of immigrants, it has quickly become a must stop for tourists in Miami, seeking great nightlife and a multicultural experience in iconic places such as Ball & Chain. It has also become a destination for locals seeking new restaurants and hip lounges. It's monthly celebration: Viernes Culturales, is one of the most visited events in the area. LITTLE HAVANA FACTS 470,914. 42 MIAMI'S MEDIAN AGE POPULATION 80,871. +$55,000 LITTLE HAVANA'S AVG INCOME POPULATION 30,069. HOUSEHOLDS NEIGHBORHOOD AMENITIES TRANSIT PROXIMITY TO PUBLIC TRANSPORTATION Bus #6, #7, #8, #11, #207, or #208 from Downtown Miami. Bus #11, #207, and #208 can be picked up at the Government Center MetroRail /MetroMover station, Bus #6 and #8 can be picked up near the Brickell MetroRail/MetroMover station. Bus #7 comes from Downtown Miami, stopping at the College North MetroMover station and the Overtown MetroRail station. Bus #37 and #42 buses come from Miami International Airport. The City of Miami Trolley has a route in Little Havana. To the left, a map indicating the Trolley stops around the neighborhood. The Trolley operates from 6:30 am – 11:00 pm on weekdays, from 6:30 am – 11:00 pm on Saturdays, and from 8:00 am – 8:00 pm on on Sundays. NEW DEVELOPMENTS THE GALLERY ON THE RIVER RIVER LANDING MIAMI RIVER WALK Related Group's latest project, 401 One of the largest projects under Mast Capital's 6.31 acre development Northwest North River Drive development construction in Miami. Expected to site to developed approximately 700 will cost $44.5M. Over 160 units expected open on 2020. It has approximately units in two phases. Located on the to be offered at an affordable price point, 475 units for residencies, 150,000 sq ft Miami River within 1.5 miles of the 11 of which will be set aside for public office space, and 315,000 sq ft for Downtown & Brickell. housing. retail. RIVER LANDING A MILL CREEK MODERA RIVER HOUSE B C RIVERVIEW ONE MIAMI RIVER WALK D F BRICKELL WEST CITY G E FIRST AND SIXTH INTOWN GREYSTAR RENT COMPARABLES MILTON BRICKELL WEST CITY 729 NW 2ND ST TYPE RENT SQ FT RENT PSQFT 1BD/1BA $1,685 874 $1.93 2BD/1BA $2,245 1,193 $1.88 3BD/2BA $3,860 1,497 $2.58 MILL CREEK MODERA RIVER HOUSE 1170 NW 11 ST TYPE RENT SQ FT RENT PSQFT STUDIO $1,915 598 $3.26 1BD/1BA $2,005 692 $2.90 2BD/2BA $2,700 1,038 $2.60 RIVERVIEW ONE APARTMENTS 645 NW 1 ST TYPE RENT SQ FT RENT PSQFT INTOWN GREYSTAR* 1BD/1BA $1,585 702 $2.26 2BD/2BA $2,270 986 $2.30 1900 SW 8TH ST TYPE RENT SQ FT RENT PSQFT FIRST & SIXTH 1BD/1BA $2,010 660 $3.05 35 SW 6 AVE 2BD/1BA $2,314 961 $2.41 TYPE RENT SQ FT RENT PSQFT STUDIO $1,625 325 $5.00 3BD/2BA $2,671 1,176 $2.27 1BD/1BA $1,950 718 $2.72 2BD/2BA $2,560 1,139 $2.25 *GREYSTAR MANAGES OVER 500,000 UNITS GLOBALLY LOT OCCUPATION A. LOT AREA 5,000 sq ft. min T6-8-O ZONES 40,000 sq ft. max ZONING B. LOT WIDTH 50 ft. min a. Minimum Height C. LOT COVERAGE 2 stories 1-8 stories Above 8th story 80% max. 15,000 sq ft. max b. Maximum Height Floor plate for 8 stories T6-8-O ZONE Residential & Lodging 30,000 sq ft. max Floor plate for Office & BUILDING Commercial c. Max. Benefit Height D. FLOOR LOT RATIO (FLR) 4 stories DISPOSITION 5/ 25% ADDITIONAL Public Benefit E. FRONTAGE AT FRONT SETBACK 70% min F. OPEN SPACE REQUIREMENTS 10% lot area min G. DENSITY 150 du/acre max BUILDING SETBACK A. PRINCIPAL FRONT 10 ft. min B. SECONDARY FRONT 10 ft. min C. SIDE 0 ft. or 30 ft. min Above 8th story D. REAR 0 ft. or 30 ft. min Above 8th story E. ABUTTING T5 0 ft. min. 1st through 5th story 10 ft. min. 6th through 8th story 30 ft. min above 8th story ABUTTING T4 6 ft. min. 1st through 5th story 26 ft. min. above 5th story ABUTTING T3 6 ft. min. 1rst through 3rd story 26 ft. min. 4th through 5th story 46 ft. min. above 5th story F. ACROSS STREET FROM T3 PRINCIPAL FRONT 10 ft. 1st through 3rd story SECONDARY FRONT 20 ft. min. above 3rd story THE BROKERS MAURICIO VILLASUSO C: 305 340 8901 E: [email protected] CARLOS FAUSTO MIRANDA C: 305 431 2258 E: [email protected] CONTACT US 1631 SW 7 ST MIAMI, FL 33135 [email protected] FAUSTOCOMMERCIAL.COM.