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Land For Sale • 0.22 AC
The proposed development for 91 units & 1 retail bay, the concept details 51,170 buildable SF, with average unit sizes of 402 SF, and an approximate 850 SF retail bay. The net leasable 36,582 SF of apartments are across the street from 'Block 55' residences offering retail such as Target & ALDI, as well as three (3) blocks to Publix, for all grocery needs. Walking distance to 4 metro mover stations & the Brightline. Rents in similar newly developed ‘Highland Park’ rental building with 100% parking reduction show rents at $4.64 to $4.82/SF/month. Signage income potential once built.
| Develop 91 apartments & 1 retail by right |
| Proposed 51,170 SF buildable & 36,582 SF under A/C & 100% parking reduction via TOD & OZ benefits |
| Rents in similar new dev a few blocks west with 100% parking reduction is $4.62 to $4.81/SF/mo |
| Walking distance to Publix, Aldi, & Target; as well as 4 Metro Movers & Brightline station |
| Surrounded by 522,000 + residents, Over 380,000 + daytime employees, & 50,000 + businesses within a 5-mile radius |
| Please see attached Offering Memorandum ("OM") or email to request a copy |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 1 min | 5 min | 0.3 mi |
| Government Center (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover), Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 2 min | 12 min | 0.6 mi |
| Transit/Subway | Drive | Walk | Distance |
| Arena/State Plaza (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover)) | 1 min | 8 min | 0.4 mi |
| College North (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover)) | 2 min | 12 min | 0.6 mi |
| Freedom Tower (Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover)) | 2 min | 13 min | 0.7 mi |
| Park West (Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover)) | 3 min | 14 min | 0.7 mi |
| Miami Avenue (Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover)) | 2 min | 16 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| Miami International | 21 min | - | 10.9 mi |
| Fort Lauderdale/Hollywood International | 32 min | - | 22.8 mi |
Brian Carter, MBA, CCIM
Douglas Elliman
Brian Carter, MBA, CCIM
Douglas Elliman
