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MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida

MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

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Page 1: MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

MIXED USED DEVELOPMENT SITEWarm Mineral Springs, Florida

Page 2: MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

BROOKFIELD REAL ESTATE | 205 N. Orange Ave. #301 | Sarasota, Florida 34236 | P: 1.941.894.3183 2

TABLE OF CONTENTSProject Overview | Page 3

Property Features | Page 4

Site Plan Overview | Page 5

Location | Page 6

Project Vision | Page 7 Project Renderings | Page 8 Street View Renderings | Page 9 Hotel Renderings | Page 10 Health & Wellness Center | Page 11

Parcel Diagrams & Information Mixed Used Development Site | Page 12 Parcel A, Assisted Living | Page 13 Parcel BCEF, Multi-Family | Page 14 Parcel D, Hotel Site | Page 15 Demographics | Page 16

General Limiting Conditions | Page 17

Page 3: MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

BROOKFIELD REAL ESTATE | 205 N. Orange Ave. #301 | Sarasota, Florida 34236 | P: 1.941.894.3183 3

Our development project is located steps from Warm Mineral Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the highest mineral content of any hot springs in the United States and third highest in the world, making it a perfect destination for the national and international health and wellness tourism. The 17.1 acre site is approved for mixed use and is ready for immediate development.

APPROVED USES INCLUDE:

- 17.1 acres mixed use development site* - 4.7 acres of assisted living* - 9.7 acres of multi-family* - 2.7 acres of hotel

PROJECT OVERVIEW

*Please note multi-family, assisted living and mixed use sites are also approved for commercial use (medical, office & retail). Uses can be apportioned among the parcels depending on the purchasers’ development plans.

Page 4: MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

BROOKFIELD REAL ESTATE | 205 N. Orange Ave. #301 | Sarasota, Florida 34236 | P: 1.941.894.3183 4

Warm Mineral Springs produces 9 million gallons per day of new water infused with 51 essential minerals -- the richest density of minerals of any hot mineral springs in the United States at a constant perfectly balanced temperature of 87 degree year round -- which makes it a unique national and international health and wellness destination

Warm Mineral Springs was recently named one of the top 8 natural healing springs world wide by Huffington Post Travel

Warm Mineral Springs contains 51 essential minerals in greater concentration than any other mineral spring in America

Strong and expanding medical tourism and wellness travel market

A 10,000 square foot health & wellness institute is due to break ground late spring of 2017

Visit warmmineral.com for additional information about Warm Mineral Springs

PROPERTY FEATURES

Page 5: MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

BROOKFIELD REAL ESTATE | 205 N. Orange Ave. #301 | Sarasota, Florida 34236 | P: 1.941.894.3183 5

MIXED USED DEVELOPMENT SITE PLAN OVERVIEWWarm Mineral Springs, Florida

A

DB

C

F

ASSISTED LIVING | 4.7 ACRES

MULTI-FAMILY | 9.7 ACRES

HOTEL | 2.7 ACRES

HEALTH & WELLNESS

E

Page 6: MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

BROOKFIELD REAL ESTATE | 205 N. Orange Ave. #301 | Sarasota, Florida 34236 | P: 1.941.894.3183 6

LOCATION

N

SW E

Centrally located between Sarasota and Sanibel Island

Destination loctations close by include St. Armands Circle, Siesta Key, Boca Grande and Captiva Island

Atlanta Braves Training Center to be built 10 minutes away from area in North Port(http://www.heraldtribune.com/news/20170205/look-at-proposed-spring-home-of-braves)

Page 7: MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

BROOKFIELD REAL ESTATE | 205 N. Orange Ave. #301 | Sarasota, Florida 34236 | P: 1.941.894.3183 7

PROJECT VISIONThe mixed use development project will focus on developing of the WMS Wellness Resort, which will be the unique destination for the national and international health and wellness tourism.

The health and wellness center is underway and will combine traditional medicine with holistic practices.

A three phase approach will include medical offices, a hotel, residential units, commercial businesses and a public plaza for people to gather and socialize.

To preserve the environmental integrity of the springs, open green spaces will be left untouched by development.

Page 8: MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

BROOKFIELD REAL ESTATE | 205 N. Orange Ave. #301 | Sarasota, Florida 34236 | P: 1.941.894.3183 8

TOWN SQUARE LOOKING EAST

FLATIRON BUILDING AT ORTIZ

BOARDWALK &TERRACED HOUSES

ASSISTED LIVING FACILITY BLOCK

RENDERINGS OF PROJECT

Page 9: MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

BROOKFIELD REAL ESTATE | 205 N. Orange Ave. #301 | Sarasota, Florida 34236 | P: 1.941.894.3183 9

STREET VIEW OF ORTIZ STREET VIEW OF MAJORCA

STREET VIEW RENDERINGS

Page 10: MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

BROOKFIELD REAL ESTATE | 205 N. Orange Ave. #301 | Sarasota, Florida 34236 | P: 1.941.894.3183 10

FRONT VIEW OF HOTEL REAR VIEW OF HOTEL

HOTEL RENDERINGS

Page 11: MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

BROOKFIELD REAL ESTATE | 205 N. Orange Ave. #301 | Sarasota, Florida 34236 | P: 1.941.894.3183 11

HEALTH & WELLNESS CENTER

FRONT VIEW

OVERHEAD AERIAL

Development Starting Late Spring of 2017

Page 12: MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

D

A

B

C

F

EHealth & Wellness

BROOKFIELD REAL ESTATE | 205 N. Orange Ave. #301 | Sarasota, Florida 34236 | P: 1.941.894.3183 12

SALEPRICE

LOTSIZE

APNNUMBER

MARKET

SUBMARKET

CROSSSTREETS

$6.112M

17.1ACRES

NORTHPORT

SARASOTA

TRIONFO & ORTIZ BLVD

MIXED USEDDEVELOPMENT SITE

PARCELS A, B, C, E, F & D

MULTIPLE(SEE PARCEL DESCRIPTIONS)

KEY SHEETNOT TO SCALE

205 N. Orange Ave. #301 | Sarasota, Florida 34236 | P: 1.941.894.3183

Page 13: MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

A

Health & Wellness

BROOKFIELD REAL ESTATE | 205 N. Orange Ave. #301 | Sarasota, Florida 34236 | P: 1.941.894.3183 13

A

PAR

CEL

SALEPRICE

LOTSIZE

APNNUMBER

MARKET

SUBMARKET

CROSSSTREETS

$3M

4.7 ACRES

NORTHPORT

SARASOTA

ORTIZ BLVD & TRIONFO AVE

ASSISTED LIVING

APPROVED FOR 125 ROOMS

RE 2

KEY SHEETNOT TO SCALE

Page 14: MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

B

C

F

Health & Wellness

BROOKFIELD REAL ESTATE | 205 N. Orange Ave. #301 | Sarasota, Florida 34236 | P: 1.941.894.3183 14

BCEF

PAR

CEL

SALEPRICE

LOTSIZE

APNNUMBER

MARKET

SUBMARKET

CROSSSTREETS

$2.950M

9.7 ACRES

NORTHPORT

SARASOTA

DORADO DR & ORTIZE BLVD

MULTI-FAMILY

APPROVED FOR 72 MULTI-FAMILY UNITS

BE | RE 3CF | RE 4

KEY SHEETNOT TO SCALE

E

Page 15: MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

D

Health & Wellness

BROOKFIELD REAL ESTATE | 205 N. Orange Ave. #301 | Sarasota, Florida 34236 | P: 1.941.894.3183 15

D

PAR

CEL

SALEPRICE

LOTSIZE

APNNUMBER

MARKET

SUBMARKET

CROSSSTREETS

$1.075M

2.7 ACRES

NORTHPORT

SARASOTA

DE LEON DR & ORTIZ BLVD

HOTEL SITE

CN ZONING HOTEL WITH APPROVALS

RE 1KEY SHEET

NOT TO SCALE

Page 16: MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

POPULATION 1 MILE 5 MILES 10 MILES

TOTAL POPULATION 2,751 43,121 141,493

MEDIAN AGE 54.8 51.9 53.0

MEDIAN AGE (MALE) 49.4 49.3 51.6

MEDIAN AGE (FEMALE) 57.5 53.5 54.3

HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES

TOTAL HOUSEHOLDS 1,261 19,088 63,177

# OF PERSONS PER HH 2.2 2.3 2.2

AVERAGE HH INCOME $44,829 $55,023 $57,862

AVERAGE HOUSE VALUE $150,094 $172,687 $225,255

BROOKFIELD REAL ESTATE | 205 N. Orange Ave. #301 | Sarasota, Florida 34236 | P: 1.941.894.3183 16

DEMOGRAPHICS

*Demographic data derived from 2010 US Census

Page 17: MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

While every effort has been made in order that the data contained in this confidential trade information package reflect the most accurate information possible, and is believed to be reliable, neither Owner/Seller/Seller’s Agent and/or Broker make any representations or warranties as to the accuracy or completeness of this confidential information. This information was furnished to Broker by others, and has not been independently verified. Further, Owner/Seller/Seller’s Agent and/or Broker expressly disclaim any and all liability for representations and warranties expressed or implied, contained herein and any other written, oral or other communications transmitted or made available by Owner/Seller/Seller’s Agent and/or Broker.

BROOKFIELD REAL ESTATE | 205 N. Orange Ave. #301 | Sarasota, Florida 34236 | P: 1.941.894.3183 17

GENERAL LIMITING CONDITIONS

Page 18: MIXED USED DEVELOPMENT SITE Warm Mineral Springs, Florida€¦ · Springs - a world-renown geothermal springs - known as the “Fountain of Youth”. Warm Mineral Springs has the

For more information contact:

ERIC J. [email protected]+1 941.350.7775

205 N. Orange Ave. #301 | Sarasota, Florida 34236 | P: 1.941.894.3183

MORRIS PRATERBroker [email protected]+1 813.731.2342