EDGEWATER - BUSINESS OPPORTUNITY

Transcription

1 EDGEWATER - BUSINESS OPPORTUNITY TURNKEY INDOOR FITNESS CENTER 1756 N BAYSHORE DR MIAMI, FL PRESENTED BY: HERZ DUPOND GROUP

2 PROPERTY SUMMARY PRICE $175,000 ADDRESS 1756 N Bayshore Dr MIAMI, FL SPACE PARKING DESCRIPTION 945 SF Street Parking & Guest Parking on Site Fully equipped, built-out FIXED EXPENSES $2,000 MONTHY RENT $1,250 INSURANCE CLEANER $150/M $400/M GYM WIPES $100 GYM SOFTWARE $100 PAYROLL TRAINERS FULL SCHEDULE $40/HR (CURRENTLY 7-10 CLASSES A WEEK) = $1600/M $3200 (20 CLASSES A WEEK) DEMOGRAPHICS 1-MI 3-MI 5-MI 2015 TOTAL POPULATION 21, , , TOTAL DAYTIME POPULATION 29, , , TOTAL EMPLOYEES 17, , , HOUSEHOLD INCOME: AVG $71,124 $57,193 $57,130 HIGHLIGHTS Turnkey fitness studio which is currently being used as a cyclebar but can work as dance, yoga and more An established fitness business with clientele Neighbor to Fitbox Method and Pura Vida Cafe Across from Margaret Pace Park Lease Commencement: October 25, 2016 (10-year Lease) 5 year option (at tenants right/option) Rent: Approximately $1,200/M Financing Terms: Negotiable HERZ DUPOND REAL ESTATE GROUP INFO@WHMIAMI.COM PAGE 2

3 PROPERTY SUMMARY This is an opportunity to own a turnkey fitness center in the Edgewater community. The unit currently contains 16 brand new Schwinn carbon blue bikes with the capacity to have additional bikes. Included is a custom-built stage and room with top-of-the-line commercial grade sound system and acoustic proof room and shower room usage upon completing of the renovation. 2 assigned parking spaces are included with free parking for guests. Seller financing is possible up to 50% and managment is willing to stay for new owner and willing to help as permitted. The building is currently undergoing renovations to the lobby and pool deck. BAY PARC PLAZA is a 40 story apartment building with 471 units with ground floor office/retail space. It is by the water and a park, close to public transportation and to grocery stores and restaurants. Also, across the street from Miami International University of Arts and Design, Arts Institutes. It is within walking distance of hotels that include the DoubleTree by Hilton, Marriott, Hilton, and ME. There are over 4000 apartments/condos in the neighborhood. HERZ DUPOND REAL ESTATE GROUP INFO@WHMIAMI.COM PAGE 3

4 PROPERTY LOCATION HERZ DUPOND REAL ESTATE GROUP PAGE 4

5 AVAILABLE FOR SALE 1756 NORTH BAYSHORE DR. B UI L D I N G & NE I GH B OR H OOD A Few Proposed Towers in the Edgewater Community: 1. Baltus House Units 2. Bay House Units 3. Chelsea Tower Units 4. Crimson Residences - 90 Units 5. M Bay Units 6. Icon Bay Units 7. Biscayne Beach Units 8. Paraiso Bay Units 9. ION Units HERZ DUPOND REAL ESTATE GROUP INFO@WHMIAMI.COM PAGE 5

6 EDGEWATER PROJECTS EDGEWATER RESIDENTIAL UNITS BALTUS HOUSE Baltus House - a co development with Related Group of Florida in the Design District. It will be a 15 story building with 167 units overlooking Biscayne Bay Biscayne Blvd. Miami, Fl BAY HOUSE Surrounded by amazing scenery, Bay House at East Edgewater o ers fortunate owners, wide open views across the blue waters of Biscayne Bay, overlooking the isles of Miami Beach and Key Biscayne and the vibrant city lights of Downtown, Midtown and the Miami Design district. Bay House will be a 38 story building with 165 units. CHELSEA TOWER The mixed-use building at 1550 Biscayne Boulevard is now slated to contain 15 doors of parking spaces, 10 oors for o ces and 23 oors of condominiums. Under the plan, there will be 675 parking spaces, 222 residential units and 170,564 square feet of non-residential space. THE CRIMSON The Crimson is a 19 oors with 90 exclusive residences located at the upcoming Edgewater Dis- trict neighborhood, featuring 1, 2 and 3 bedroom residences featuring gorgeous views of Biscayne Bay and Miami Beach. ICON BAY Related Group, which has developed a number of luxury condo developments in South Florida, is the developer behind Icon Bay in conjunction with the world-renowned architectural rm Arquitectonica. Icon Bay, 40 stories with 299 units each with private elevator access and pan- oramic views of Biscayne Bay and the Miami Beach skyline, o er 1-3 bedroom units ranging from square feet. M BAY The glassy condominium tower, called MBay, will rise 39 stories, or 444 feet, and is designed by Arquitectonica. The property is located on the bay, between NE 26th Street and NE 26th Terrace. Hyperion, the developer, is plan- ning to build 129 residential units, the maximum permitted on the.85 acre property. The project will contain 205 parking spaces on levels 2-7, the minimum required under Miami 21. PARAISO BAY Nearly a month after receiving a $93 million construction loan for its 53-story tower at Paraiso Bay, Related Group poured the foundation for the tower, the rst of four in the complex. The first tower will have 325 units out of the complex s planned 2,000 units, the Next Miami reported. The first tower, designed by Arquitectonica, is scheduled for completion in 2016 and will have swimming pools, tennis courts, and other amenities. HERZ DUPOND REAL ESTATE GROUP INFO@WHMIAMI.COM PAGE 6

7 ABOUT EDGEWATER Edgewater is a neighborhood in Miami, Florida, United States, located north of Downtown and Omni, and south of the Upper East Side.[1] It roughly bound by North 17th Street to the south, North 37th Street to the north, the Florida East Coast Railway and East First Avenue to the west and Biscayne Bay to the east.[2] Edgewater is primarily a residential neighborhood, with many historic early 20th century homes. The neighborhood has many high-rise residential towers to the east along Biscayne Bay, and historic homes elsewhere in the neighborhood. Since 2000, the area has grown in popularity, due to its proximity to Downtown and neighborhoods such as the Design District. Recent developments in the neighborhood, have brought rapid urbanization to the area, with the construction of high-rise and mid-rise residential buildings, and more retail. As of 2000, Edgewater (Wynwood) had a population between 14,034[4] and 14,819[5] residents, with 6,221 households, and 2,987 families residing in the neighborhood. The median household income was $11, The racial makeup of the neighborhood was 58.51% Hispanic or Latino of any race, 17.51% Black or African American, 21.55% White (non-hispanic), and 2.42% Other races (non-hispanic). It shares demographics with Wynwood.[5] The zip codes for the Edgewater (Wynwood) include 33127, 33132, and The area covers square miles (4.35 km2). As of 2000, there were 7,548 males and 6,486 females. The median age for males were 32.5 years old, while the median age for females were 32.3 years old. The average household size had 2.3 people, while the average family size had 3.2 members. The percentage of married-couple families (among all households) was 25.2%, while the percentage of married-couple families with children (among all households) was 10.9%, and the percentage of single-mother households (among all households) was 11.6%. 4.5% of the population was in other group homes. The percentage of never-married males 15 years old and over was 20.1%, while the percentage of never-married females 15 years old and over was 15.9%.[4] As of 2000, the percentage of people that speak English not well or not at all made up 25.1% of the population. The percentage of residents born in Florida was 28.0%, the percentage of people born in another U.S. state was 20.5%, and the percentage of native residents but born outside the U.S. was 7.0%, while the percentage of foreign born residents was 44.4%[4] HERZ DUPOND REAL ESTATE GROUP INFO@WHMIAMI.COM PAGE 7

8 CYCLEBOX IN THE NEWS HERZ DUPOND REAL ESTATE GROUP PAGE 8

9 CYCLEBOX IN THE NEWS HERZ DUPOND REAL ESTATE GROUP PAGE 9

10 RETAIL AVAILABLE 1756 N BAYSHORE DR MIAMI, FL CONTACT US FOR MORE INFORMATION ON THIS OPPORTUNITY HERZ DUPOND GROUP WOLFGANG HERZ & RICARDO DUPOND WHMIAMI.COM WH@FIR.COM ERZ REAL ESTATE GROUP UPOND ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. ALL PROPERTIES ARE SUBJECT TO PRIOR SALE, CHANGE OR WITHDRAWAL. NEITHER LISTING BROKER(S) OR INFORMATION PROVIDER(S) SHALL BE RESPONSIBLE FOR ANY TYPOGRAPHICAL ERRORS, MISINFORMATION, MISPRINTS AND SHALL BE HELD TOTALLY HARMLESS. HERZ DUPOND REAL ESTATE GROUP INFO@WHMIAMI.COM PAGE 10