Cushman & Wakefield, as exclusive marketing advisor, is pleased to present the opportunity to acquire CityPlace Doral - Tract A, a ±3.4-acre, development site located in the heart of Doral, Miami-Dade County, FL. Part of the landmark CityPlace mixed-use development, the site is just steps from more than 40 entertainment, dining and shopping venues, and centrally-located within one of the region’s highest concentrations of employment.
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Under Contract
CityPlace Doral - Tract A
2.4 Acres
NW 34th Street & NW 85th Court
Doral, FL
Type: Land
Posted: 9/13/2020

THE LAST REMAINING OPPORTUNITY IN MIAMI WORLDCENTER

Cushman & Wakefield, as exclusive marketing advisor, is pleased to offer a land sale or joint venture opportunity in the development of the middle and western portion of Block A of Miami Worldcenter (the “Offering”), the 2nd-largest active urban mixed-use project in the United States. This represents the last remaining available block within Miami Worldcenter. Phase 1 of this iconic, city-shaping development is currently under construction and will include 320K sf of retail, over 2,000 hotel keys, 600k sf of convention space, 500k sf of office space and over 1,900 residential units. Block A, “the Opportunity”, encompasses approximately 2.18 acres, with the base development capacity of nearly 1,100 residential units and 1.7 million square feet.
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Miami Worldcenter Block A
1100 Units
1000 NE 1st Avenue
Miami, FL  33132
Posted: 10/11/2019
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Pine Groves and Princeton Groves, two Class-A surface parked apartment communities totaling 420 units in South Miami-Dade. This offering presents a rare opportunity to acquire new construction, garden-style communities with attainable rents averaging $1,405 per month. Pine Groves and Princeton Groves are being offered to the first time by its developer, internationally recognized AHS Residential.
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Pine Groves & Princeton Groves Portfolio (2 properties, 420 units)
Princeton Groves
216 Units
25011 SW 130th Avenue
Princeton, FL  33032
Posted: 7/15/2021
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present this exciting development opportunity ideally-positioned in Miami's prestigious Brickell submarket. The site offers intense, mixed-use zoning with extraordinary walkability and immediate access to mass transit.
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120 SW 8th Street
1.16 Acres
120 SW 8th Street
Miami, FL  33130
Type: Land
Posted: 8/25/2021
The Aventura Square site is ideally positioned at the heart of the West Dixie Highway corridor. The property offers intense, mixed-use zoning and has substantially complete plans in place for an office-oriented mixed-use development. The Aventura Square Site is zoned for intense, mixed-use development, permitting a broad range of potential uses, including but not limited to multifamily, retail, office, hotel and more.
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Aventura Square Site
1.32 Acres
18802 W. Dixie Highway
Miami, FL  33180
Type: Land
Posted: 8/31/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present Fall Ridge of Delray, a 60-unit, value-add property in east Delray Beach, Florida.

Built in 1980, the property sits on 4.86 acres. The property provides concrete block construction in a rare villa-style community totaling 10 triplex and 5 eight-plex units. All units are spacious two bedrooms-two bathrooms averaging 855-square feet. All units have washer/dryer hookups.

There is about $275,000 in rental upside at the property through loss-to lease burn-off and value add.

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Under Contract
Fall Ridge of Delray
60 Units
1100 SW 4th Avenue
East Delray Beach, FL  33444
Posted: 9/13/2021
Cushman & Wakefield, as exclusive marketing advisor, is pleased to offer this opportunity to acquire one or more South Florida Transit- Oriented Development sites. This TOD land portfolio consists of five sites within immediate proximity to Brightline rail stations in downtown Miami and downtown Fort Lauderdale. All of the sites are zoned to permit intense, mixed-use development. The properties can be acquired individually, in groups, or all sites can be acquired as a portfolio.
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South Florida TOD Land Portfolio (5 properties, 7.19 acres)
FECI Land Fort Lauderdale West Grouping
0.9 Acres
Miami & Fort Launderdale
Type: Land
Posted: 1/8/2021
Cushman & Wakefield, as exclusive marketing advisor, is pleased to offer this opportunity to acquire one or more South Florida Transit- Oriented Development sites. This TOD land portfolio consists of five sites within immediate proximity to Brightline rail stations in downtown Miami and downtown Fort Lauderdale. All of the sites are zoned to permit intense, mixed-use development. The properties can be acquired individually, in groups, or all sites can be acquired as a portfolio.
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Under Contract
South Florida TOD Land Portfolio (5 properties, 7.19 acres)
FECI Land Miami North Parcel
1.38 Acres
Miami & Fort Launderdale
Type: Land
Posted: 1/8/2021
Cushman & Wakefield, as exclusive marketing advisor, is pleased to offer this opportunity to acquire one or more South Florida Transit- Oriented Development sites. This TOD land portfolio consists of five sites within immediate proximity to Brightline rail stations in downtown Miami and downtown Fort Lauderdale. All of the sites are zoned to permit intense, mixed-use development. The properties can be acquired individually, in groups, or all sites can be acquired as a portfolio.
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Under Contract
South Florida TOD Land Portfolio (5 properties, 7.19 acres)
FECI Land Miami South Parcels
1.31 Acres
Miami & Fort Launderdale
Type: Land
Posted: 1/8/2021
Cushman & Wakefield, as exclusive marketing advisor,is pleased to present Midtown Central, an extraordinary infill development opportunity positioned at the nexus of Midtown, Wynwood and the Design District. At 5.55 acres, Midtown Central represents one of the largest urban development sites available in Miami. The property offers intense, mixed-use zoning permitting ±972 residential units and more than 1.1 million square feet of overall FAR.
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Midtown Central
5.55 Acres
3055 N Miami Avenue
Miami, FL  33137
Type: Land
Posted: 7/8/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire Modera Metro Dadeland (the “Property”) – a transit-oriented, urban infill 25-story high-rise located in Miami, Florida, with tremendous walkability and regional connectivity via access to the Metrorail.

Developed by nationally recognized Mill Creek Residential, Modera Metro Dadeland was completed in 2018 and is comprised of 422 luxury apartment homes. The Property was meticulously designed to provide residents elegant unit features and expansive amenity space. Thus, it has attracted a sophisticated demographic with an average age of 38 and average household income of $147,000.

Modera Metro Dadeland’s quality energy efficient construction with LEED Silver Certification and irreplaceable location position the property for long term, sustainable cash flows in a rapidly growing market.

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Under Contract
Modera Metro Dadeland
422 Units
8215 SW 72nd Avenue
Miami, FL  33143
Posted: 5/20/2021
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Pine Groves and Princeton Groves, two Class-A surface parked apartment communities totaling 420 units in South Miami-Dade. This offering presents a rare opportunity to acquire new construction, garden-style communities with attainable rents averaging $1,405 per month. Pine Groves and Princeton Groves are being offered to the first time by its developer, internationally recognized AHS Residential.
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Pine Groves & Princeton Groves Portfolio (2 properties, 420 units)
Pine Groves
204 Units
13081 SW 242nd Street
Miami, FL  33032
Posted: 7/15/2021

Cushman & Wakefield, as exclusive marketing advisor, is pleased to present The Loft at 952 Collins. The property is located in the heart of South Beach, along Collins Avenue, one of the most prominent hotel and retail corridor nationwide. The property currently operates as a licensed hotel building with 22 units all including full kitchens and averaging 370 square feet. The hotel license is transferable. Out of the 22 units, 12 units are currently master-leased to a short-term rental operator, Nuovo Properties LLC. The lease expires in May 2022 and features $21,000 per month in rent. The remaining 10 units are owner-managed and operated as short-term rentals listed on Airbnb.

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The Loft at 952 Collins
22 Units
952 Collins Avenue
Miami Beach, FL  33139
Posted: 8/3/2021

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present The Park at Vincenzo, a 184-unit multifamily community located in Brandon, Florida (Tampa Bay MSA).

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Under Contract
The Park at Vincenzo
184 Units
721 N. Kingstowne Circle
Brandon, FL  33511
Posted: 6/19/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present a multifamily investment opportunity to acquire Town Lantana (the “Property”) – an increasingly scarce east of I-95, new construction, luxury garden apartment development of 360 apartment homes in the growing area of Lantana, Florida. The property is comprised of 14 three-story buildings walk-up units averaging 947 square feet that are serviced by detached garages and car ports. Town Lantana is located less than 0.5 miles from I-95 and 1-mile from the beach.

The community is a short distance from millions of square feet of high-paying jobs in Boca Raton, Downtown Delray Beach and the Central Business District of West Palm Beach. The property also has tremendous access to Lantana Blvd (35,500 cars daily) and will have future walkability to 125,000 square feet of retail that is under construction. The property opened in January of 2020 and has quickly moved through the lease-up process in part due to its market-leading luxury finishes and unmatched amenity offering and a rare low-density setting of 22 units per acre.

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Under Contract
Town Lantana
360 Units
1001 Watertower Way
Lantana, FL  33462
Posted: 4/19/2021
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present the opportunity to acquire the residential component of a planned redevelopment project in the heart of Downtown Coral Gables, one of Miami’s most affluent addresses. The ±17,500 square foot parcel is site plan approved for development of a 14-story residential tower planned for ±82,300 square feet of residential living area plus 2,540 square feet of ground floor retail space. The seller intends to undertake an extensive renovation of the adjacent, existing three-story office building.
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100 Miracle Mile
0.4 Acres
100 Miracle Mile
Coral Gables, FL  33134
Type: Land
Posted: 5/4/2021

Cushman & Wakefield has been exclusively engaged to arrange the sale of the Owner’s 100 percent fee simple interest in the 31-acre parcel at 1799 North Williamson Boulevard (the "Property"), an unimproved, residential development site located in Daytona Beach, Florida, with convenient access to Interstate 95 and immediate proximity to a large healthcare & education employment base..

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Under Contract
1799 Williamson
31 Acres
1799 Williamson Boulevard
Daytona Beach, FL  32117
Type: Land
Posted: 5/3/2021
Cushman & Wakefield, as exclusive marketing advisor, is pleased to offer the opportunity to acquire one or more development sites in the Aventura and North Miami Beach submarkets of northeast Miami-Dade County. This land portfolio consists of five properties that are ideally-positioned for multifamily and mixed-use development. Three of the properties generate considerable revenue from existing tenants and therefore represent exciting "covered land plays." The properties can be acquired individually, in groups, or all sites can be acquired together as a portfolio.
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Under Contract
Land Portfolio - Aventura & North Miami Beach (5 properties, 15.35 acres)
Aventura District Site
4.86 Acres
2681 NE 191 Street
Miami, FL  33180
Type: Land
Posted: 4/25/2021
Cushman & Wakefield, as exclusive marketing advisor, is pleased to offer the opportunity to acquire one or more development sites in the Aventura and North Miami Beach submarkets of northeast Miami-Dade County. This land portfolio consists of five properties that are ideally-positioned for multifamily and mixed-use development. Three of the properties generate considerable revenue from existing tenants and therefore represent exciting "covered land plays." The properties can be acquired individually, in groups, or all sites can be acquired together as a portfolio.
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Land Portfolio - Aventura & North Miami Beach (5 properties, 15.35 acres)
Aventura Square Site
1.32 Acres
18802 W. Dixie Highway
Miami, FL  33180
Type: Land
Posted: 4/25/2021
Cushman & Wakefield, as exclusive marketing advisor, is pleased to offer the opportunity to acquire one or more development sites in the Aventura and North Miami Beach submarkets of northeast Miami-Dade County. This land portfolio consists of five properties that are ideally-positioned for multifamily and mixed-use development. Three of the properties generate considerable revenue from existing tenants and therefore represent exciting "covered land plays." The properties can be acquired individually, in groups, or all sites can be acquired together as a portfolio.
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Under Contract
Land Portfolio - Aventura & North Miami Beach (5 properties, 15.35 acres)
Aventura TOD Site
2.25 Acres
19640 W. Dixie Highway
Miami, FL  33180
Type: Land
Posted: 4/25/2021

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 288-unit value-add offering, Canopy Creek, located in Jacksonvile, Florida.

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Under Contract
Canopy Creek
288 Units
11291 Harts Road
Jacksonville, FL  32218
Type: Conventional
Posted: 8/23/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present Cottage Cove - a 468-unit value-add opportunity located in Miami, Florida. Situated on 23.75 acres, Cottage Cove provides a low density, value-add opportunity with above market cash-on-cash returns. The property is offered free & clear although there is an option to assume the current loan. The opportunity to acquire a critical mass of units in Miami is rare. In the past 10 years, there has been less than 2 transactions per year of 400+ unit properties in Miami-Dade on average.

Current ownership has spent approximately $3.4 million in improving the property, ensuring limited need for major capital expenditures. Part of the renovations include replacing 94 out of 100 roofs in 2018. A future investor can further enhance the existing cash flows by implementing an in-unit renovation program to modernize the units by replacing carpet with vinyl tile flooring and upgrading kitchens and bathrooms to generate potential additional income of about $440,000. (6.6% over current market rents). There 45 units (9.6%) fully upgraded at the property. These units receive $140 premium over the classic units.

Cottage Cove provides immediate positive cash flow. In the past 12 months, the retention rate at the property was 65% with the most recent month’s retention rate hitting 85%. Over the past year, there has been 229 rent renewals that averaged an astonishing 6% in rent bumps making rent renewal a better option as opposed to renting the units to new tenants at market rents.

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Under Contract
Cottage Cove
468 Units
12 NE 188th Street
North Miami, FL  33179
Type: Conventional
Posted: 4/26/2021

Cushman & Wakefield is pleased to present the opportunity to acquire Lakeshore Heights - a 160-unit, three-story, garden-style apartment community located in Tallahassee, Florida (the "Property"). Completed in 2000, the Property went through a major renovation in 2019 that converted and upgraded many of the four-bedroom units to studio, one and two-bedroom units. Thirty-two four-bedroom units remain, demonstrating the possibilities for new ownership to complete the renovations. Lakeshore Heights offers residents immediate proximity to retail and dining options, as well as Interstate 10, providing East-West access from Jacksonville to Pensacola. Florida State University, Tallahassee Memorial Hospital, and the Tallahassee International Airport are all within 15 minutes from the Property.

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Under Contract
Lakeshore Heights
160 Units
1375 Pullen Road
Tallahassee, FL  32303
Posted: 5/19/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire Moda North Bay Village (the “Property”) – an iconic 8-story midrise located on 4.5 acres on the northernmost point of the North Bay Village islands in Miami Beach and overlooking Biscayne Bay. The property was developed in 2015 by ZOM and comprises 285 luxury apartment homes with an average unit size of just over 1,000 square feet. The property has 1,400 feet of water frontage providing water views for 100% of the units, as well as water access via the marina on the property. A variety of amenities are available to residents including two pools, access to kayaks and paddleboards, and boat/jet ski dockage. Moda is also the newest of four market-rate apartment communities in Miami-Dade to offer an onsite marina. Residents can enjoy ease of commute to downtown Miami/Brickell and Aventura which provide a mix of employment, retail and nightlife. Moda is also less than three miles from the pristine beaches of Miami.

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Under Contract
Moda North Bay Village
285 Units
8000 West Drive
North Bay Village, FL  33141
Posted: 6/15/2021