10950 N. Kendall Dr. Suite 200 Miami, FL VACANT LAND FOR SALE 3500 NW 78TH STREET DORAL, FL 33122

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1 10950 N. Kendall Dr. Suite 200 Miami, FL Presented By: Gabriel Serrano Miami-Dade Land Specialist VACANT LAND FOR SALE 3500 NW 78TH STREET DORAL, FL 33122

2 May 23rd, 2018 NON- ENDORSEMENT STATEMENT New Miami Realty, Corp is not sponsored or endorsed by any entity identified in this marketing presentation. New Miami Realty, Corp. is not endorsed or sponsored by any corporation s logo or name in said presentation. New Miami Realty, Corp. is included in this package only to provide information about this listing. New Miami Realty, Corp. has made every effort to obtained the information regarding this listing from sources deemed reliable. However, we cannot warrant the complete accuracy thereof subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. Any party contemplating or under contract is urge to verify all information and to conduct their own inspection and investigation including through appropriate third party independent professionals selected by such party. Each party shall conduct its own independent due diligence N. Kendall Dr. Suite 200 Miami Fl

3 PROPERTY INFORMATION

4 3500 NW 78th Ave Doral FL EXECUTIVE SUMMARY OFFERED AT $3,800,000 OFFERING SUMMARY Folio: Frontage: 143 on NW 78th Avenue Land SF: 58,050 SF Zoning: Industrial Vacant Land Market: Doral Submarket: Miami Airport Proposed Plan: Hawthorn Suites N. Kendall Dr. Suite 200 Miami Fl

5 LOCATION INFORMATION

6 DEVELOPER PROPOSED IMPROVEMENTS DEVELOPERS ARE COORDINATING EFFORTS WITH NEIGHBORING PROPERTIES FOR THE IMPROVEMENTS TO NW 78TH AVENUE. HAWTHORN SUITES DEVELOPERS IMPROVEMENTS TO NW 37TH STREET PROPOSED IMPROVEMENTS TO NW 78TH AVENUE. PROPOSED IMPROVEMENTS (PERMIT UNDER REVIEW) BY NEIGHBORING PROPERTIES. The developer proposed the improvement of NW 78th Avenue for access to the Hawthorn Suites. In addition to these improvements, the developer is also working hard with neighboring properties in order to aesthetically improve NW 37th Street, also working hard with the city of Doral to coordinate the efforts to restore the pavement on NW 37th Street, up to the point where the developer is improving NW 37th street along the frontage of the Wingate property

7 3500 NW 78th Ave Doral FL Proposed Plan HAWTHORN SUITES By Whyndham SUBJECT PROPERTY N. Kendall Dr. Suite 200 Miami Fl

8 3500 NW 78th Ave Doral FL HAWTHORN SUITES By Whyndham MARKETING ANALYSIS SUBJECT PROPERTY N. Kendall Dr. Suite 200 Miami Fl With the anticipated arrival of the Doral branch of Jackson Memorial Hospital and the high volume of extended stay travelers in the city of Doral, along with the endorsement of the Whyndham group for this market, the developer is taking the opportunity to develop a campus like setting where two brands at different can be operated in close proximity filling the gap in both the markets they target. Wingate caters to a transient guest, expected to have a short stay. Hawthorn caters to a guest that needs to stay for a prolonged period of time, and guest will be able to use amenities from the neighboring Wingate. The Hawthorn Suites was designed with a higher number of larger rooms, as per the ability to do so due to FAR allowances of he land development code. The property will be able to cater to a larger number of guest traveling with large families due to the higher percentage of 2 bedroom suites.

9 SITE PLAN Along the 35 access easement running north to south along the east side of the property, the developer proposed a street section that will accommodate a 3 lane street with a 6 sidewalk and 5 swale. The building will provide a portion of the parking outside and another portion covered by the building above. Site geometry of drives and access has been approved by Miami Dade County Fire Department. Hotel ground floor will consist of a lobby, breakfast area, back of house spaces, fitness room, and guest laundry, along with 4 guest rooms.

10 TYPICAL FLOOR PLAN The extended stay suites from Hawthorn Suites by Whyndham, feature a full kitchen on every suite, along with a living and sleeping area.

11 ROOF PLAN The building will feature a roof top pool deck for guest, providing a more private type of experience overlooking Miami International Airport