DEVELOPMENT OPPORTUNITY - MARATHON

Transcription

1 Mullti-tenant RESENTATION NAME OLDWELL BANKER SHMITT DEVELOMENT OORTUNITY - MARATHON resentation Information REARED BY: oldwell Banker ommercial OLDWELL BANKER SHMITT 123 main st Your ity, ST Joshua Mothner (305) josh@soldinthekeys.com Samantha Mothner (305) Samantha@soldinthekeys.com BWORLDWIDE.OM 1

2 RESENTATION NAME EXEUTIVE SUMMARY OLDWELL BANKER SHMITT THE ROERTY Large arcel Development Opportunity 3896 Overseas Highway Marathon, Florida SETOR Restaurant/izzeria MULTI-TENANT AREL WITH DEVELOMENT OORTUNITY 99,752 square feet of Mixed Use ommercial property with 300 linear feet on US1. Several buildings on property are occupied by tenants but leases reflect development deal possibilities. DO NOT TALK WITH OR DISTURB TENANTS. lease do not enter property without Listing Agent. roperty is on the Gulf Side of US1, and currently leases to multiple tenants. Large parcels are few and far between in the Middle Keys. Multi unit development would be perfect in this growing commercial sector of Marathon Across from the ommunity ark. All hotographs show the property prior to Hurricane Irma. The Hurricane did impact the property. The tenant's businesses are not for sale under this listing. No businesses convey with this property. DO NOT ENTER ROERTY WITHOUT AGENT! DO NOT DISTURB OR DISUSS ANYTHING WITH URRENT TENANTS! All photographs display the property prior to Hurricane Irma. The Hurricane did impact the property. BWORLDWIDE.OM 2

3 RE SALES AKAGE ROERTY OVERVIEW OLDWELL BANKER SHMITT THE ROERTY 3896 Overseas highway Marathon, Florida ROERTY SEIFIATIONS roperty Type: lass: Building Size: Land: Development Opportunity Mulitple 2.28 Acres Number of Stories: 1 Year Built/Renovated: / Typical Floor Size: FAR Various TBD ROERTY FEATURES Billboard: 1 US1 urb uts: 2 Amenities: orner Lot LEASE INFORMATION Tenancy: multiple ercent Leased 100% Space Available 0 SF, all space on vacate clause SALES HISTORY Sales Date: Type: Sale rice: 6/9/2016 Land & Building $100 BWORLDWIDE.OM 4

4 RESENTATION NAME MA AND ARIALS OLDWELL BANKER SHMITT Directly Across From ity ark BWORLDWIDE.OM 3

5 101 39Th St, Marathon, FL ommercial Active $3,500,000 rovided as a courtesy of Joshua Mothner oldwell Banker Schmitt Real Estate o Overseas Hwy MARATHON, FL Office - (305) Number - (800) ext Mobile - (305) josh@fundinthesun.com Listing Board: Marathon/Lower Keys Range ricing: Limitd Reprsntation: No As is Rght to Inspct: Yes For Sale/Lease: For Sale otential Short Sale: No Bank Owned: No Species List: Off Shore Island: Subdivision: Marathon Beach (49.0) Mile Marker: 49 ounty: Monroe Area: 13-7 Mile Bridge to Sombrero Bch Rd E & W KW Neighborhood: Side: Bay/Gulf Flood Zone: AE,AE Alternate Key #: Add'l arcel #1: Add'l arcel #2: arcel #: Bldg Nbr: Zoning: MU - Mixed Use ommercial Mixed Use Taxes: 16, Tax Year: 2016 Style: ommercial Lot Size: Lot SqFt: 99,752 Waterfront: No ontrol Depth: 0 Business Name: Year Established: # arking Spaces: Off Street arking: Yes # Stories: Building Ht. Ft.: Total # Buildings: 4 Building SqFt: 6,539 SqFt Source: roperty Data ard Net Leasable Area: 6,539 Total Units: 0 Year Built: 1958 Total Bedrooms: 0 Full Baths: 0 Half Baths: 0 Total Baths: 0 Sold omments: Sold Remarks: Remarks - onsumer: 99,752 square feet of Mixed Use ommercial property with 300 linear feet on US1. Several buildings on property are occupied by tenants but leases reflect development deal possibilities. DO NOT TALK WITH OR DISTURB TENANTS. lease do not enter property without Listing Agent. roperty is on the Gulf Side of US1, and currently leases to multiple tenants. Large parcels are few and far between in the Middle Keys. Multi unit development would be perfect in this growing commercial sector of Marathon Across from the ommunity ark. All hotographs show the property prior to Hurricane Irma. The Hurricane did impact the property. The tenant's businesses are not for sale under this listing. No businesses convey with this property. Directions: US1 to 39th Street on the Gulf Side Legal: LOT 1 AND S 200FT LOT 2 AND S 200FT LOT 3 SQR 3 AND T GOVT LOT 3 MARATHON BEAH SUB B2-16 OR /05 OR /306 O Deed Restrictions: Unknown Association Info: Mandatory Home Owners Asc: No; 1st Right of Refusal: No Type: Gas Station; Grocery/onvenience; Other Services Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: ommon arking; Off Street arking; Trailer Storage Utilities: FKAA; Municipal Sewer Appliances: No Appliances Miscellaneous: Storage onstruction: BS Land Size: 2 Less Than 5 Acres Fee Includes: None Show: 24 Hour Notice; No Sign on roperty roperty Rights: Multi-Use/ommercial Financial Status: Bank Owned: No; otential Short Sale: No Days On Market: 7 List rice: 3,500,000 Information is deemed to be reliable, but is not guaranteed MLS and FBS. repared by Joshua Mothner on Thursday, October 12, :51 M. The information on this sheet has been made available by the MLS and may not be the listing of the provider.

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9 15TH 22ND 41ST 46TH 35TH LOUISA 41ST LYNMEAD 50 MANOR KNIGHTS KEY OVERSEAS 11TH ALM ISLAND 48 17TH BOOT KEY 24TH 25TH 27TH 30TH 33RD 49 SOMB R ERO OA D'ORO AVENIDA RIMIERIA OA D'ORO IBIS ANGLERS SUNRISE SOMBRERO BEAH MAN-O-WAR ity of Marathon, Florida Legend Marathon Zoning Zoning ategories Residential onservation (R-) TINGLER Residential Low (RL) Residential Medium (RM-1) Residential Medium (RM-2) Residential Medium (RM) Residential - Mobile Home R-MH Residential High (RH) Industrial General (I-G) Industrial Maritime (I-M) onservation Native Area (-NA) onservation Off-shore Island (-OI) arks And Recreation (R) BOOT KEY ublic () Airports (A) Mixed Use (MU) Mixed Use Maritime (MU-M) Marathon Mile Markers Marathon Roads Marathon arcels October 2008 Ì 0 ity of Marathon, Florida Official Zoning Map Series ANEL 1 This is to certfy that this is TheOfficial Map of theity of Marathon,Florida adopted by Ordinance , and as amended throughthose Ordinances identified below Ord. No. Effective Date Ordinance November 6, 2007 Ordinances thru 23 October 24, 2008 Ordinance January 6, Miles

10 The ity of Marathon has two (2) commercial districts to accommodate commercial and retail uses. The commercial areas are divided into the Mixed-use (MU) Zoning District and the Mixed-use- Maritime (MU-M) Zoning District. A. B. Mixed-use (MU) Zoning District: The MU zoning district is designed to accommodate a wide variety of commercial and retail activities that will result in the most efficient and attractive use of the ity's historic business district and the US 1 corridor, in an effort to recognize the role of US1 as the ity of Marathon's "Main Street". Specifically, this district provides for land uses that have a strong pedestrian-oriented character, with a mixture and concentration of specialty shopping, transient lodging, retail, personal service, restaurant, cultural, fishing industry, affordable housing and entertainment uses in the Old Town area. The MU district also provides for large-scale retail and commercial business opportunities in other areas, including larger shopping centers, specialty shopping centers, individual multi-tenant commercial buildings, automobile services and sales, fast food restaurants, affordable housing residential uses, transient lodging and other retail establishments that serve the community at large. The (MU) district is designated within the Mixed-use ommercial (MU) future land use category on the Future Land Use Map (FLUM). Mixed-use-Maritime (MU-M) Zoning District: The MU-M zoning district is intended to establish areas suitable for uses which are essential to the commercial maritime industry, including sales and service of fishing equipment and supplies, seafood processing, fishing equipment manufacture and treatment, boat storage, restaurants, retail and affordable housing residential uses. The MU district is designated within the Mixed-use ommercial (MU) future land use category on the Future Land Use Map (FLUM).

11 Section Standards. A. Uses: ertain uses, whether permitted as of right, limited, accessory or conditional uses may affect adjacent properties, the neighborhood, or community, even if the site planning and development standards of the applicable zoning district are satisfied. Uses in bold on Table have special criteria contained in Article 1 of hapter 104 "Specific Use Regulations", which are intended to mitigate potential problems and hazards, and to ensure consistency with the lan. B. Zoning Districts: The density, intensity, setbacks, and dimensional standards relative to each parcel are subject to the limitations of the zoning district as reflected in Tables and Table Uses by Zoning District Uses in bold have specific conditions listed in hapter 104 ZONING DISTRIT - NA - OI RL- RL RM RM- 1 RM- 2 R- MH RH MU MU- M* I- G I- M* A R Accessory buildings and accessory uses Accessory Business /rofessional Office A A A Adult day care Adult uses including product sales and entertainment Affordable Housing Unit Airport public uses < 5,000 square feet Airport public uses > 5,000 square feet Alcohol Beverage L L L L Amusement or Sea life parks Artisan and photography studios and galleries age 1

12 Auto, RV, and truck storage Bars and taverns Beekeeping Boardwalk/Observation latform A A A A A A A A A A A A Boat Ramp Boat storage + 10 units, Dry Boat storage + 10 units, wet Boat storage < 10 units, dry Boat storage < 10 units, wet Boat Yard Boat/ship dockage (noncommercial) 10+ slips A A Boat/ship (commercial) dockage or charter A A A A Boat/ship dockage (noncommercial) + 100' in length: 1-9 slips L L L L L L L L L Boat/ship dockage (noncommercial) up to 100' in length: 1-9 slips A A A A A A A A A Bowling alley Broadcasting or ommunications Tower age 2

13 & D Debris Transfer Facility ampground ar wash emeteries hild care center hild care homes (up to 10 car trips per day) lubs: Social, fraternal and lodges ommunity Workforce Housing Unit A A A A A A A A onvenience store Dormitory Dry cleaning A Duplex dwellings Equipment, rental establishments with outdoor storage Equipment, rental establishments without outdoor storage Financial services (without drive through) age 3

14 Financial services (w/drive through) Food catering Fuel Sales Funeral homes (no crematory) Golf courses Group Homes (<7 residents) Group Homes (7-14 residents) Hazardous Waste Small Generator Health and membership clubs Heavy equipment sales Heavy equipment Sales, Marine Helicopter Landing ad Home occupations L L L L L L L L L L L Hospitals Hotel/Motel/Resort lodging Incidental Food Sales A A Junk, Salvage, or Recycled Metal Yard Laundromats age 4

15 Live-aboard Vessels Manufacturing, assembly, storage, fabrication or distributions of goods and materials Manufacturing, Heavy Marina Massage Therapist L Media Sales and Rental Medical and dental offices and clinics Mineral resource processes and sales establishment Mobile Home ark Mobile Home: New lacement Mobile Home: Replacement Model Home A A A Modular Home A Multi-family (<5) dwellings Multi-family (5+) dwellings Multi-tenant retail < 10,000 sf FA age 5

16 Multi-tenant retail > 10,000 sf FA Museum Night clubs A Nursing Home Open-air markets Outdoor display A A A Outdoor Storage aint and body shop arking lots and parking garages (as a principle use) arks and recreational open space ersonal and service business shops harmacy lace of worship or assembly lant nurseries and greenhouses latting and/or Subdivision of land which would result in three (3) or more parcels lumbing, electrical and carpenter shops age 6

17 rint shops rivate educational and training facilities rivate schools for elementary, intermediate and high school education rofessional offices ublic schools for elementary, intermediate and high school education ublic use or public facilities w or w/o business offices; with repair and storage ublic use or public facilities w or w/o business offices; without repair and storage Recreational Vehicle (RV) ark Recycling facilities Research/Lab Restaurants with drivethroughs Restaurants/stand and fast food without drive throughs A Retail and supply yard establishments with outdoor storage age 7

18 Retail establishments up to 2,500 square feet FA Retail establishments 2,500-10,000 square feet FA Retail Establishment exceeding 10,000 square feet FA Safe house for battered or abused adults or children of up to eight (8) families Sales and leasing of heavy equipment and heavy excavation equipment Seafood rocessing & ackaging Sexually Oriented Business Single-family dwellings A Small animal shelters/boarding kennels Small Grocery Stores Sport Shooting and Training Ranges Storage (Indoor self) Storage, Auto, RV, or Boat Storage (Outdoor) Submerged Mooring Facilities ** age 8

19 Temporary lacement L L L L L L L L Temporary Use L L L L L L Theatre (indoor) Trap Storage and Repair Triplex dwellings Utilities - Major Utilities - Minor Vacation Rental units L L L L L L L L L L Vehicle, Vessel Repair Vehicle, Vessel sales Vendor arts/mobile Food Unit L L L L Veterinary facilities, small animal clinics/hospitals; including boarding Veterinary facilities, small animal clinics; no boarding Waterfront Walkways and docks A A A A A A A A A A A A A A A A Wireless - New Tower Wireless Tower- Replacement existing Wireless - Satellite Earth Station age 9

20 Wireless Attached facility Wireless - Stealth Facility Zero Lot lines (affordable units) *ermitted uses are limited to those which are related to the maritime industry **Submerged Mooring Facilities may only be permitted in association with upland areas whose zoning is shown as having a "" Note: Uses may be subject to additional requirements, see hapter 104, Specific Use Regulations. (Ord. No , 2, ; Ord. No , 2, ; Ord. No , 7, ) Table DENSITY, INTENSITY AND DIMENSIONS FOR ZONING DISTRITS A - NA - OI I-G I-M MU MU- M R RH R- MH RM RM-1 RM- 2 RL RL- Density Range (units per acre) / 4ac Market Rate (maximu m) Affordabl e (maximu m) age 10

21 Transient Min lot area per unit (square feet) Market Rate 4 acre s 10 acr es 7,26 0 7, acre s 5,44 5 5,44 5 8, ,00 0 8, acr e 4 acre s Affordabl e 4 acre s 10 acr es 4,35 6 4,35 6 2,90 4 2,90 4 1, acre s 1,74 2 1,74 2 4, ,00 0 8, acr e 4 acre s FAR N/A Setbacks Front, min Rear, min Side 1, min Interior Side Min Side 2, min age 11

22 Street Side Min Height Limit Units er Building* ** 10 N/A Max Lot overage ** 5,00 0 ft 2 5% Open Space, Min. (%)** Minimu m Streetfront Lot Width 75' 100' 100' 100' Footnotes for Table * Determined by the Director, based upon Habitat Analysis ** Subject to Table "Open Space Requirements per Habitat Type" *** Affordable dwelling units not subject to this limitation **** Allocated densities for all zoning districts are subject to the following additional requirements: Salt marsh/buttonwood association wetlands that are either undisturbed or of high functional capacity as defined in Article 4, of hapter 106 shall be assigned a density of 0.25 units per acre for the sole purpose of transferring the density out of these habitats. Submerged lands, salt ponds and mangrove wetlands shall not be assigned density for any purpose (i.e., allocated density = 0). 1 The FAR for mixed-use developments may be increased to.75 if mitigated by the development of affordable/workforce housing is provided age 12

23 2 Density bonus limited to deed-restricted affordable housing as established in Article 1, "Affordable Housing" of hapter Subject to the additional height restrictions of Article 5, hapter 107. (Ord. No , 2, ; Ord. No , 4, ) Table ommercial-industrial Intensity Table Type of Use FAR 1 Retail Low Intensity.60 Med Intensity.45 High Intensity.25 Office.60 ommercial Recreation.15 Institutional.30 Outdoor Recreational.15 ublic Buildings and Uses.45 Restaurant/Bar.60 Industrial.85 Light Industrial in MU.30 1 The FAR for mixed-use developments may be increased to.75 if mitigated by the development of affordable/workforce housing is provided. e National Register of Historic laces. age 13

24 LOATION roperty Address th St Marathon, FL Subdivision Marathon Beach ounty Monroe ounty, FL Thursday, October 12, 2017 ROERTY SUMMARY roperty Type ommercial Land Use Gas Station / onvenience Store Improvement Type Square Feet 6539 GENERAL AREL INFORMATION arcel ID/Tax ID Alternate arcel ID Key Marathon District/Ward ensus Trct/Blk 9713/2 Assessor Roll Year 2016 URRENT OWNER Name Stephan Ban F Mailing Address No Address Available SALES HISTORY THROUGH 09/01/2017 Date Amount Buyer/Owners Buyer/Owners 2 Instrument No. arcels Book/age Or Document# 6/9/2016 $100 Stephan Ban F Quit laim Deed 2802/1197 TAX ASSESSMENT Appraisal Amount Assessment Amount Appraisal Year 2016 Assessment Year 2016 Appraised Land $830,125 Assessed Land $830,125 Appraised Improvements $416,795 Assessed Improvements $416,795 Total Tax Appraisal $1,246,920 Total Assessment $1,246,920 TAXES Exempt Amount Exempt Reason Tax Year ity Taxes ounty Taxes Total Taxes 2016 $16, $16, $16, $14, $14, MORTGAGE HISTORY No mortgages were found for this parcel. OYRIGHT 2017 OURTHOUSE RETRIEVAL SYSTEM. ALL RIGHTS RESERVED. Information Deemed Reliable But Not Guaranteed.

25 roperty Report for TH ST, cont. FORELOSURE HISTORY No foreclosures were found for this parcel. ROERTY HARATERISTIS: BUILDING Building # 1 Type ondition Fair Units Year Built 1958 Effective Year Stories BRs Baths Rooms Total Sq. Ft. 1,827 Building Square Feet (Living Space) Building Square Feet (Other) Floor Living Area 343 Open orch Finished -Lower Level 168 Floor Living Area 700 Open orch Finished -Lower Level 240 Floor Living Area 784 atio ONSTRUTION Quality Shape artitions ommon Wall Foundation Floor System Exterior Wall Structural Framing Fireplace - OTHER Occupancy ROERTY HARATERISTIS: BUILDING Building # 2 Roof Framing Roof over Deck abinet Millwork Floor Finish Interior Finish Air onditioning Heat Type Bathroom Tile lumbing Fixtures Utility Building Unfinished 312 Building Data Source Type ondition Fair Units Year Built 1963 Effective Year Stories BRs Baths Rooms Total Sq. Ft. 3,252 Building Square Feet (Living Space) Floor Living Area 252 atio 64 Building Square Feet (Other) Floor Living Area 480 Utility Building Finished 112 Floor Living Area 900 Floor Living Area ONSTRUTION Quality Shape artitions ommon Wall Foundation Floor System Roof Framing Roof over Deck abinet Millwork Floor Finish Interior Finish Air onditioning OYRIGHT 2017 OURTHOUSE RETRIEVAL SYSTEM. ALL RIGHTS RESERVED. Information Deemed Reliable But Not Guaranteed.

26 roperty Report for TH ST, cont. Exterior Wall Structural Framing Fireplace - OTHER Occupancy Heat Type Bathroom Tile lumbing Fixtures Building Data Source ROERTY HARATERISTIS: BUILDING Building # 3 Type ondition Fair Units Year Built 1960 Effective Year Stories BRs Baths Rooms Total Sq. Ft. 900 Building Square Feet (Living Space) Floor Living Area ONSTRUTION Quality Shape artitions ommon Wall Foundation Floor System Exterior Wall Structural Framing Fireplace - OTHER Occupancy ROERTY HARATERISTIS: BUILDING Building # 4 Roof Framing Roof over Deck abinet Millwork Floor Finish Interior Finish Air onditioning Heat Type Bathroom Tile lumbing Fixtures Building Square Feet (Other) Building Data Source Type ondition Fair Units Year Built 1960 Effective Year Stories BRs Baths Rooms Total Sq. Ft. 560 Building Square Feet (Living Space) Floor Living Area 560 atio ONSTRUTION Quality Shape artitions ommon Wall Foundation Floor System Exterior Wall Structural Framing Fireplace Roof Framing Roof over Deck abinet Millwork Floor Finish Interior Finish Air onditioning Heat Type Bathroom Tile lumbing Fixtures Building Square Feet (Other) OYRIGHT 2017 OURTHOUSE RETRIEVAL SYSTEM. ALL RIGHTS RESERVED. Information Deemed Reliable But Not Guaranteed.

27 roperty Report for TH ST, cont. - OTHER Occupancy Building Data Source ROERTY HARATERISTIS: EXTRA FEATURES Feature Size or Description Year Built ondition Lc Util Bldg 8X h Link Fence 100X Asphalt aving 5925 SF 1975 Asphalt aving 7200 SF 1985 h Link Fence 150X Asphalt aving 7557 SF 1996 Wall Air ond 1 UT 1989 om anopy 40X atio 24X Tiki 28X h Link Fence 145X h Link Fence 715X atio 800 SF 1987 atio 1500 SF 1976 atio 2100 SF 1976 atio 40X ompacted Fill ERMITS ermit Description ermit Number Issue Date ompletion Date RELAE 100 AM SERVIE IN TRA YARD WITH NEW 200 AM SERVIE /29/ /11/2015 TWO 100 AM SVS /04/ /11/2015 HAIN LINK FENE /09/ /28/2015 TIE BEAM RELAE /09/ /13/2015 ADMINISTRATIVE FINAL ERMITS TO LOSE OUT 21 ERMITS OUTSIDE AND 3 ERMITS INSIDE /29/ /05/2010 RELAE EXISTING U.G. TANKS & LINES WITH DOUBLE WALL /28/ /03/2010 REAIR ANOY AT GAS ISLAND & REAIR BLDG FASIA /23/ /30/2005 RELAE EXSISTING GAS UMS /04/ /30/2005 6X8 ORTABLE SHED /07/ /15/2003 RELAE FENE/225 Y FILL /17/ /15/2003 REAIR INTER/ BY FIRE /21/ /26/1999 ROERTY HARATERISTIS: LOT Land Use Gas Station / onvenience Store Lot Dimensions Block/Lot /1 Lot Square Feet 99,752 Latitude/Longitude / Acreage 2.29 ROERTY HARATERISTIS: UTILITIES/AREA Gas Source Electric Source Water Source Road Type Topography District Trend OYRIGHT 2017 OURTHOUSE RETRIEVAL SYSTEM. ALL RIGHTS RESERVED. Information Deemed Reliable But Not Guaranteed.

28 roperty Report for TH ST, cont. Sewer Source Special School District 1 Zoning ode Special School District 2 Owner Type LEGAL DESRITION Subdivision Marathon Beach lat Book/age 0002/0016 Block/Lot /1 District/Ward 24 Description FLOOD ZONE INFORMATION Lot 1 And S 200Ft Lot 2 And S 200Ft Lot 3 Sqr 3 And t Govt Lot 3 Marathon Beach Sub b2-16 Or /05 Or /306 Or Or441-43/45 Or Or Or Or Or D/ Or Or Or /89r Or Let/Adm Or /98 Zone ode Flood Risk BFE Description FIRM anel ID AE High 8 Ft Areas subject to inundation by the 1-percent-annual-chance flood event determined by detailed methods. Base Flood Elevations (BFEs) are shown. Mandatory flood insurance purchase requirements and floodplain management standards apply. AE High 9 Ft Areas subject to inundation by the 1-percent-annual-chance flood event determined by detailed methods. Base Flood Elevations (BFEs) are shown. Mandatory flood insurance purchase requirements and floodplain management standards apply. FIRM anel Eff. Date K 02/18/ K 02/18/2005 OYRIGHT 2017 OURTHOUSE RETRIEVAL SYSTEM. ALL RIGHTS RESERVED. Information Deemed Reliable But Not Guaranteed.