2323 NW 36 ST, MIAMI, FL

PRIME DEVELOPMENT SITE

ON MAJOR EAST-WEST CORRIDOR WITH

SITE PLAN APPROVALS

ASK $3,200,000

CARLOS FAUSTO MIRANDA C: 305 431 2258 E: CFM@FAUSTOCOMMERCIAL.COM

PROPERTY SUMMARY

Mixed-Use Corner Development site on Major Corridor. NW 36 ST is animportant, high-traffic, Miami corridor which runs the full length of the county,connecting from Doral to the beaches and all in-between including the airport,Miami Springs, Wynwood, Edgewater and more.

Zoning is principally T-6-8-O, permitting for mixed-uses. Current site planapprovals permit 116 units. Lot size is 35,257 SF (.81 acres).

This segment of the corridor is experiencing booming success, with newdevelopments by Neology, Richman Group, Integra, Miami Casino, Hampton Inn,7-11, and more all planned and in progress.

ZONING

T-6-8-OLOT SIZE

35,257 SF (.81 ACRES)

36 ST. CORRIDOR

ALLAPATTAH

WYNWOOD

MIAMISPRINGS

MIAMIINTERNATIONAL

AIRPORT

DORAL

SWEETWATER

EDGEWATER

MIAMIBEACH

BROWNSVILLE

On NW 36 ST, a major East-West corridor, running from Everglades to the Beaches.Crossing neighborhoods such as Doral, Miami Springs, Allapattah, Wynwood &Edgewater.

PROPERTY LOCATION - 2323 NW 36 ST

36 ST. DEVELOPMENTS

ALLAPATTAH

WYNWOOD

MIAMISPRINGS

MIAMIINTERNATIONAL

AIRPORT

DORAL

SWEETWATER

EDGEWATER

MIAMIBEACH

BROWNSVILLE

36 ST AND 13 AVE

Allapattah 14, a 237-unitrental building withground-floor retail spaceon site. For residentsseeking an alternative tohigher priced urbandistricts.

36 ST AND 10 AVE

La Quinta by WyndhamMiami Airport East isconveniently located justone mile from MiamiInternational Airport.

36 ST AND 14 AVE

Allapattah Ventures LLC 13-story structure at1396 NW 36th St. calledMosaico, with over 267dwelling units, mostlywith small floor plans.

36 ST AND 21 AVE

The Richman Group isplanning a senior housingdevelopment in Allapattahwith 105-unit building forthe site at 2137 NW 36thST, in Miami.

36 ST AND 37 AVE

Recently bought bybill ionaire Phil Ruffin,who owns the TreasureIsland Hotel & Casino inVegas. 21-acres nearMiami Airport at 3500Northwest 37th Avenue.

Allapattah is considered one of Miami’s historic, urban coreNeighborhoods.

Despite newly entering developers and investors targets,Allapattah has long been a fully self-contained, functioning,thriving and vibrant neighborhood. It has long housed aworking immigrant population of mixed Latin-American andCaribbean origins, and a large entrepreneurial businesscommunity. Its location is one of its main amenities, locatedminutes from downtown, just north of the major employmentengines of the Health and Civic Center, just west of boomingWynwood, and services by important logistical amenitiessuch as I-95, SR836, SR-112, the Seaport, Riverport, MiamiInternational Airport, and several Metro-Rail stops.

The neighborhood is also known for its strong employmentbase and reasonable pricing within the area. It is currently amajor host for new wave of creative, arts & design orientedtenants, as well as new and trendy culinary start ups.

ALLAPATTAH

AREA

ALLAPATTAH

BRICKELL

DOWNTOWNMIAMI

LITTLE HAVANA

MIAMI INTERNATIONAL

AIRPORT

WYNWOOD

EDGEWATER

OVERTOWN

4 miles to Miami InternationalAirport

5 miles to Downtown 3 miles to Little Havana

3 miles to Wynwood &Edgewater

6 miles to Brickell 7 miles to Overtown

PROPERTY LOCATION

470,914.

41,570

14,310

MIAMI'S POPULATION

ALLAPATTAH'SPOPULATION

ALLAPATTAHDEMOGRAPHICS

HOUSEHOLDS

MEDIAN AGE35

AVG INCOME

$30K - $80K

NEIGHBORHOOD AMENITIES

TRANSIT

Allapattah has 3 metro rail stops at the center of allexisting lines. The trains arrive every 7.5 minutesduring weekday, every 15 minutes at midday, & every30 minutes from 7:30 pm, and on the weekends.

MIAMI METRORAILAllapattah  goes directly into the city'sCentral Business District MetroMover Lines.The Metro Mover currently serves DowntownMiami, Brickell, Park West and  Omnineighborhoods.

MIAMI METRO MOVER

19 minutes to Miami International Airport 9 minutes to Downtown6 minutes to the Hospitals

1.4 million-square-foot developmentdesigned by internationally renownedstarchitect Bjarke Ingels Group,repurposing three existing warehousesthat used to comprise atrading/brokerage floor for all localproduce into retail spaces, with four new-construction 20-story intertwinedbuildings rising above. The completedproject would have 230,886 SF of officespace, 128,971 SF of retail space, 22,176 SFfor “educational uses”, 1,094 parkingspaces, and over 1,200 residential units.  Italso corners a metro-rail stop.

NEW DEVELOPMENTS

MIAMI PRODUCE CENTER2140 NW 12 AVE

RUBELL MUSEUM

One of the largest privately heldcontemporary art collections in the world,owned by renowned collectors the Rubellfamily, housed in a magnificently updatedformer food and dry goods warehouse.

1100 NW 23 ST

ESPACIO 23

Private Art Collection of Jorge Perez, housedin museum setting and run in conjunctionwith an active Art Foundation.

2270 NW 23 ST

CENTURY LINK

Repurposing of an old produce market andwarehouse, into an updated and moderntelecommunications Hub.

1109 NW 22 ST

RIVER LANDING

8.14 acre site with 370,000 SF of Retail overfour floors featuring national brands, 528market-rate apartments, 18,000 SF of officespace, 28,000s SF of riverfront dining, & amagnificent 850 FT of Public Riverfront park.

1600 NW N RIVER DR

CASINO MIAMI

Historic Jai-Alai Complex recentlyrenovated.  Site features Gambling activities,Entertainment, Nightlife, Restaurants, withover 1,000 Las Vegas-style slot machines,electronic table games and live shows.

3500 NW 37 AVE

NEW DEVELOPMENTS

UNIVERSITY OF MIAMI HOSPITALS

Massive multi-year and multi-phase expansion of the medicalcapacity, to serve an ever-growingcity.  Massive driver of Employment.

TCG

323 unit market-rate project bywell-known local developerLisette Calderon.

1625 NW 20 ST

GLOBAL PRO ALLAPATTAH

Live-Work Tower Complex withMid-Income Housing and Co-working on the Ground Floor.

2560 NW 20 ST

TCG ALLAPATTAH 17

A mixed use of 192 units newdevelopment, mostly Residential.

1569 NW 17 AVE

CFH ALLAPATTAH

A full city block of mixed-useresidential units and retail with abank branch.

1450 NW 20 ST

INTERGA SOLUTIONS

267 affordable units.

1396 NW 36 ST.

MANA ALLAPATTTAH

Several Block Assemblage, mirroringMana Wynwood on the other side ofI-95, with Logistics, Last-Mile andFree-Trade Applications.

NW 7 AVE AND 23 ST

DECO CAPITAL GROUP

Northern extension of the CivicCenter, bringing high-qualitymed-life science tenants andwell-paid jobs to the area.

1025 NW 20 ST

PROPERTY LOCATION

RIVER LANDING

NEW DEVELOPMENTS

TCG 17 ALLAPATTAH

DECO CAPITAL GROUP

MANA ALLAPATTAH

MIAMI PRODUCE CENTER

RUBELL MUSEUMESPACIO 23

UM HOSPITALS

INTERGA SOLUTIONS

CASINO MIAMI

TCG

CFH ALLAPATTAH

GLOBAL PRO

CENTURY LINK

SUB MARKETS THE INDUSTRIAL CORE

Allapattah is a complex, large & holistic neighborhood,comprised by several different components, subject to theirown dynamics.

Between NW 20 ST, 23 ST, 7 AVE and 27 AVE.Large and unbroken concentration ofwarehousing. One of the few true industrialneighborhoods left in Miami’s urban core.Strong existing business community, beingaugmented by a new wave of creative, artsand design-oriented tenants and users.Significant investment from visionary propertyowners.LAND - $50-$250 PSF BUILDINGS - $110-$450 PSFRENTAL RATES - $10-$35 PSF

36 ST CORRIDOR

On NW 36 ST from NW 7 AVE to NW 36 AVE.Major East-West corridor, running fromeverglades to the beaches. Populated by autodealers and other low-grade uses. Easy to findAcre+ accumulations of land with great mixed-use high-rise zoning for distant futuredevelopment. Forgotten and undervaluedstretch.LAND - $80-$120 PSFRENTAL RATES- $14-$16 PSF

W.O.W. WEST OF WYNWOOD

On NW 7 AVE Feeds off the overflowenergy of Wynood, which it is directlyconnected to via 3 streets NewWynwood-esque tenants alreadymoving in. Similar Ownership toWynwood.LAND - $60-$110 PSFBUILDINGS - $150-$250 PSFRENTAL RATES - $16-$30 PSF

NW 20 ST RETAIL CORRIDOR

NW 20 ST from 17 AVE to 27 AVE. Historicallywholesale outlet clothing and shoe retailers,servicing local markets as well as wholesale toCaribbean, Central and South America. Tenantmixes shifting as business priced out of othermarkets are starting to move in. UnderlyingZoning permits for mixed-use, high-risedevelopment.RETAIL - $PSF LAND $90-$120 PSF BUILDINGS - $180-$230 PSFRENTAL RATES - $14-$20 PSF

PEQUEÑO SANTO DOMINGO

17 AVE from 24 ST to 36 ST.Dominican Enclave with strong localidentity and community Vibrant,hardworking, community with all localservices within walking distance andunique local tenants.LAND $30-$100 PSFUNIT RENTS $600-$1,250/U

ZONING

T-6-8-O ZONE BUILDING DISPOSITION

A. LOT AREA 5,000 sq ft. min40,000 sq ft. max

B. LOT WIDTH50 ft. min

C. LOT COVERAGE1-8 storiesAbove 8th story80% max.15,000 sq ft. maxFloor plate forResidential & Lodging30,000 sq ft. maxFloor plate for Office &Commercial

D. FLOOR LOT RATIO (FLR)5/ 25% ADDITIONALPublic Benefit

F. OPEN SPACE REQUIREMENTS 10% lot area min

G. DENSITY 150 du/acre max

E. FRONTAGE AT FRONT SETBACK 70% min

A. PRINCIPAL FRONT 10 ft. min

B. SECONDARY FRONT 10 ft. min

C. SIDE 0 ft. or 30 ft. minAbove 8th story

D. REAR 0 ft. or 30 ft. minAbove 8th story

BUILDING SETBACK

E. ABUTTING T50 ft. min. 1st through 5th story10 ft. min. 6th through 8th story30 ft. min above 8th story

ABUTTING T46 ft. min. 1st through 5th story26 ft. min. above 5th story

ABUTTING T36 ft. min. 1rst through 3rd story26 ft. min. 4th through 5th story46 ft. min. above 5th story

F. ACROSS STREET FROM T3 PRINCIPAL FRONT 10 ft. 1st through 3rd story

SECONDARY FRONT20 ft. min. above 3rd story

T-6-8-O ZONES

a. Minimum Height 2 stories

b. Maximum Height 8 stories

c. Max. Benefit Height 4 stories

THEBROKERS

MARKOS BERTOLOTTI C: 305 632 2057E: MB@faustocommercial.com

CARLOS FAUSTO MIRANDAC: 305 431 2258E: CFM@faustocommercial.com

CONTACT US

1631 SW 7 ST MIAMI, FL 33135 FAUSTOCOMMERCIAL.COM