Private OfferingExclusively Listed By: Agustin Duarte CCIM

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PROPERTY DESCRIPTION3501 NW 27TH AVE, MIAMI, FLORIDA, 33142

Property Name: "Earlington Heights Development"

Address: 3501 NW 27 Avenue

City, State Zip: Miami, Fl 33142

County: Miami Dade

Folio: 01-3127-001-0220, 01-3127-001-0410, 01-

3127-001-0400

Proposed Units: 91

Proposed Square Feet: 132,846 ft - 212,617 ft

Year Built: 1950

Lot Size (Acres): .62

# of Buildings: 1

# of Stories: 8-12

Proposed Parking: Structured

The "Earlington Heights Development" offering is for a +-27,000

SF parcel of land located at 3501 NW 27th Avenue. The lot is

zoned T6-8-O which allows 150 units p/acre. Additionally

allowable is the "public benefit bonus" increasing the density by

25%. The vertical allowable density and liberal zoning is allowing

developers to pay the current land prices with the higher density

allowing for development feasible parcels.

The site is just "West of Wynwood" and within 2.5 miles of

(Miami International Airport and Port Miami) Allapattah

represents one of the central areas not yet over developed.

Logistically, the Allapattah submarket is centrally located with

critical roadways as well as multiple mass transit arteries. The

Miami River borders the South Allapattah edge further enhancing

the area's allure. The Western border is the Jackson UM medical

community.

The Allapattah sub-market is poised to continue to experience

growth and general improvement as the produce markets and

industrial bays are replaced with "Miami design" skyscrapers.

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Offering Price $2,300,000.00

Seller to leaseback (24) months $120,000.00

DEVELOPMENT MODEL & SURVEY3501 NW 27TH AVE, MIAMI, FLORIDA, 33142

Total Built Area 132,846 ft²Total Residential Area Net 67,704 ft²Total Commercial Area Net 3,000 ft²

Total Dwelling Units 91 DU @ 744 ft²3 stories of Parking

8 Floors 

1: 'by right"

Total Built Area 212,617 ft² Total Residential Area Net 114,114 ft²Total Commercial Area Net 6,951 ft²

Total Dwelling Units 91 DU @ 1,254 ft² 4 stories of Parking

12 Floors

2: "with public benefit"

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NW 27th AVE

PROPOSED RENDEREING 91 UNIT MULTI-FAMILY3501 NW 27 AVE, MIAMI, FL. 33142