This unique, innovative and edgy redevelopment is being offered for sale by The Olivine Group.

To schedule a showing please contact:

Irene DakotaLicensed Real Estate AgentT +1 305 972 8860irene@theolivinegroup.com

A white canvas with endless possibilities

investment overview

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Station 61 (“Property”) captures the essence of an emerging creative arts community bringing an innovative, edgy and transformational look and feel to 61st Street.

The Property consists of two newly renovated spaces contributing to 9,312 SF. Each bay is approximately 4,656 SF and offers high end amenities to include:

• Hurricane impact glass storefront (coming soon)

• 17’ clear height • D1 zoning allowing for mixed-use• Exposed, painted A/C ducts

and pipes provide an industrial-modern feel with an open and artsy ambiance

• Polished concrete floors• Designer kitchen fully equipped with

modern cabinetry, electric stove, stainless steel refrigerator and bar area with seating and Corian quartz counter tops

• 52 skylights (1’x4’) allowing for natural lighting

• Fully handicap bathrooms feature white marble floors and bamboo travertine walls with shower

• IT closet and separate storage space

• Alarm system and security cameras• Two 5-ton A/C units per unit• 10-year warranty on roof• All new plumbing and electrical• High-end LED lighting• 16 private parking spaces with

access to a nearby public parking lot for additional parking as well as street parking

• Situated on approximately 0.34 acres (14,810 SF); APN 01-3218-015-0220

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Located blocks away from Little River and minutes from I-95, Biscayne Boulevard, MiMo, the Design District and Wynwood Station 61 is paving the way for this up-and-coming community.

Flexible zoning caters to an eclectic group of owners/tenants ranging from the private user, to art galleries, creative workspaces, crossfit gyms, indoor basketball courts, living spaces, as well as cars collections, museum, scuderias.

The building has undergone extensive renovation both inside and out. The exterior has been completely replastered and repainted with cool gray tones showing off the hurricane glass storefronts with contemporary awnings. The parking lot has new asphalt and sixteen lined parking spaces. Complimented by this modern design the Property is beautifully landscaped boasting the tropical feel of South Florida.

Station 61 offers the investor/owner-use an opportunity to be a part of the making of this thriving community.

This newly-redeveloped project is located in the heart of master-planned “Magic City” at 261-263 NE 61st Street. Nearby warehouses have been converted to art studios and eclectic showrooms enhancing the overall look and feel of this transitional community.

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location...location...location

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Distance from the Property:I-95 freeway access ... 1.0 miles (240,000 + vehicles per day)Biscayne Boulevard ... 0.5 miles (38,000+ vehicles per day)Design District ... 1.5 milesWynwood Art District ... 2.5 milesDowntown Miami ... 5.6 milesBrickell Miami ... 6.7 milesSouth Beach ... 9.2 milesMiami Intl Airport ... 8.4 milesMiami Beach ... 7.5 miles

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Station 61 is centrally located off 61st Street, one mile from the Little River Business District in Lemon City (Little Haiti). The rebirth of this community, especially with the master-planned Magic City, is projected to flourish into a new wave of Wynwood-synergy offering artistic and innovative elements framing the vision of endless possibilities.

N

Bisca

yne

Boule

vard

emerging neighborhood

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live, work, playThe Property is ideally positioned in the heart of the master-planned development “Magic City”, an innovation district that will encompass art, entertainment, technology and sustainability at its core. Magic City will embrace over 15 acres of land centrally located in a historic Miami community once known as Lemon City.

The first phase of Magic City will include a sculpture garden directly in the front of the Property where 61st Street and 62nd Street come together creating a welcoming atmosphere to this once sleepy industrial neighborhood. Emerging with art, Magic City will offer over 45,000 SF with a 15,000 SF renovated innovation center that will provide space for incubating startups and an amphitheater creating a walkable campus-like neighborhood. Initial tenants include Salty Donut, Aqua Elements, Photopia, Baby Cotton, ICA (Institute of Contemporary Art), Wynwood Shipping and etnia Barcelona. More office and retail space, affordable workforce housing, including micro-units, and possibly a boutique hotel are in the longer-range plans,

Magic City is anticipated to come to fruition by early 2018 and is expected to forever change the landscape of Lemon City making its mark on the map as one of the most innovative places to be in Miami.

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live, work, playRendering of Innovation Center

N

Biscayne Boulevard

NE 4th A

venue

NE 61st Street

NW 67th Street

NE 2nd

Avenue

NW 62nd StreetN

. Miam

i Avenue

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emerging neighborhoodNW 67th Street

NE 2nd A

venue

N. M

iami A

venue

NW

2nd A

venue

NW 62nd Street

One Mile to I-95

1.5 Miles to theDesign District

2.5 Miles to theWynwood & Midtown

240,000 VPD

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N

emerging neighborhood

*blue denotes the growth of Magic City in this new innovative neighborhood

NE 61st Street

Biscayne Boulevard

Biscayne Boulevard

NE 4th A

venue

NE 2nd A

venue

1/2 Mile to I-95

1.5 Miles to theDesign District

38,000 VPD

the neighborhoods of miamithe neighborhoods of miami

SHORECREST

5

NORTHBEACH

N

79th Street

LIBERTYCITY

ALLAPATTAH

GRAPELANDHEIGHTS

BELLEMEADE

LEMON CITY

LITTLE RIVER

DESIGN DISTRICT

BUENA VISTA

BAYSIDE

MORNINGSIDE

BAY POINT

MIDTOWN&

WYNWOOD

FLAGAMI

SOUTHBEACH

NORTHBAY VILLAGE

VIRGINIA KEY

FISHER ISLAND

WEST FLAGLER LITTLE HAVANA

CIVICCENTER

OVERTOWN

SPRINGGARDEN

LUMMUS PARK

OMNI

DOWNTOWN

BRICKELLBRICKELL

KEY

THEROADS

SHENANDOAHCORALGATE

SILVER BUFF

COCONUTGROVE

WESTGROVE

EDGEWATER

PARKWEST

95

195

Venetian Causeway

MacArthur Causeway

836

Rickenbacker Causeway

Okeechobee Road

Bird Avenue

SW 22nd Street

SW 8th Street Tamiami Trail

NW 62nd Street

NW 54th StreetBiscayne Boulevard

floor/stacking plans

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5810 SW 14 STMIAMI FL. 33144

PA LICENSE NO. AR97047

SKIN ARCHITECTURE GROUP

Skin Architectural Group

UNLESS IT BEARS THE SIGNATURE AND THE ORIGINALRAISED SEAL OF FLORIDA LICENSED SURVEYOR ANDMAPPER THIS DRAWING, SKETCH, PLAT, OR MAP IS FORINFORMATION PURPOSES ONLY AND IS NOT VALID.

The Drawings, Specifications and other documents prepared by Skin Architectural Group(SAG) for this Project are instruments of (SAG) for use solely with respect to this Projectand, unless otherwise provided, SAG shall be deemed the author of these documents andshall retain all common law, statutory and other reserved rights, including the copyright.

CLIENT NAME PROJECT NAME SHEET TITLE

FILE #

CONTRACT #

NOTEBOOK #

DATE

ARCHIVE

PAGE #

DRAWN BY

C

SOUTH ELEVATION

NORTH ELEVATION

EAST ELEVATION

WEST ELEVATION

0 10 20 40

GRAPHIC SCALE

1 inch = 20 ft.

THE OLIVINE CONDOMINIUM

investor analysis

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Station 61 is being offered for sale at $3,957,600 for both units or $1,978,800 per bay

POTENTIAL INVESTOR ANALYSIS

Potential Income Per Bay $ Amount Monthly Yearly

4,656 SF (each bay) $27.00 NNN $10,476 $125,712

Potential Income Both Bays 9,312 SF (two bays) $27.00 NNN $20,952 $251,424

6.35%Cap Rate

http://www.station61miami.com/