a residential investment opportunity · no warrant or representation, epress or iplied, is ade as...

PRESENTED BY

HERZ DUPOND REAL ESTATE GROUP

305.970.7260 | [email protected]

305.588.7187 | [email protected]

WOLFGANG HERZPRESIDENT COMMERCIAL DIVISION

RICARDO DUPONDMANAGER COMMERCIAL DIVISION

A RESIDENTIAL INVESTMENT OPPORTUNITYCORONADO AT DORAL

WOLFGANG HERZ | 305.970.7260 & RICARDO DUPOND | 305.588.7187HERZ DUPOND REAL ESTATE GROUP | FORTUNE INTERNATIONAL REALTY | [email protected]

The recepient of this information, herein known as PROSPECT, acknowledges and agrees that PROSPECT approached Herz Dupond Real Estate Group/Fortune International Realty ( BROKER), and that BROKER was the first to advise them of the availability and details concerning the following business and/or real property opportunity: CORONADO AT DORALLISTING NUMBER____________________ BUSINESS DESCRIPTION:__________________________ 1. PROSPECT understands and agrees that all dealings concerning the opportunity above will be handled through BROKER and that BROKER has entered into agreements with Sellers for the payment of commissions. BROKER will furnish to PROSPECT certain proprietary information relating to the various operations, properties, personnel, financial and other matters which are non-public, confidential or proprietary in nature and are hereinafter referred to as “Proprietary Information.” The Proprietary Information will be kept confidential and shall not, without the prior written consent of BROKER, be disclosed by PROSPECT or its agents, representatives or employees, in any manner whatsoever, in whole or in part, and shall not be used by PROSPECT, its agents, representatives or employees, other than in connection with the purchase of one of the opportunities described above. PROSPECT shall be fully responsible for any breach of this Agreement by itself, its agents, representatives or employees. The Proprietary Information (including any copies thereof), will be returned to BROKER immediately upon BROKER’S request. PROSPECT agrees that it shall not retain any copies of the Proprietary Information supplied pursuant to the terms and conditions of this Agreement.2. Any and all information provided to PROSPECT is provided for informational purposes only. BROKER does not make any representations and/or warranties as to the accuracy of the information provided and that PROSPECT is to make his or her own independent evaluation of the opportunities described above. PROSPECT acknowledges that BROKER has advised PROSPECT to seek independent professional advice in the review and evaluation of the information provided and that PROSPECT should seek the advice of an attorney and/or certified public accountant. PROSPECT agrees not to use information provided to compete against the Seller.3. In the event PROSPECT discloses the availability of said designated opportunities to a third party who purchases a business without BROKER assistance, then PROSPECT, in addition to the remedies specified herein, is also responsible for payment of BROKER’S compensation which would have been paid on the listed selling price or minimum compensation, whichever is greater.4. For two years from the date of this Agreement, PROSPECT agrees not to deal directly or indirectly with the Seller s of the opportunities listed above without the prior written consent of BROKER. If PROSPECT enters into a sale and/or purchase agreement, a management contract or other financial arrangement with a Seller of an opportunity, including a leasing of the business premises from the Seller or its Landlord is consummated, PROSPECT shall be liable for any and all damages BROKER may suffer, including but not limited to the Seller s commission payable on the sales price or minimum commission due under the Listing Agreement with Seller, whichever is greater and, any commission due on the lease agreement negotiated with the Landlord. PROSPECT agrees and does hereby appoint BROKER its attorney in fact to execute all documents necessary to place a lien on the business assets to collect its compensation, and this Agreement shall be the consent to do so as required by Florida Statute 475.42 .5. This Contract shall be governed by the laws of the state of Florida. Any breach of this Agreement shall result in the prevailing party being entitled to receive from the other party all of its reasonable attorneys fees, costs, and expenses incurred at both the trial and appellate levels. The parties hereby consent to personal jurisdiction and venue, for any action arising out of a breach or threatened breach of this Agreement in the Circuit Court in and for Miami Dade County, Florida. The parties hereby agree that any controversy which may arise under this Agreement would involve complicated and difficult factual and legal issues. Therefore, any action brought by either party, alone or in combination with others, whether arising out of this Agreement or otherwise, shall be determined by a Judge sitting without a jury.6. The Seller is the intended beneficiary of all covenants of PROSPECT which benefit the Seller, including without limitation the covenants concerning the use of information disclosed to PROSPECT, and a Seller may bring an action to enforce such covenants. PROSPECT represents and warrants to BROKER that PROSPECT does not represent a third party, governmental agency or competitor of the business, nor is PROSPECT employed by a competitor and the sole purpose for receiving any information regarding a business is to purchase said business. PROSPECT acknowledges receiving a copy of this Agreement and a facsimile copy with signatures shall be considered as original.

PROSPECT Signature ________________________________ Date ____________________________PROSPECT NAME ________________________________ PROSPECT PHONE # ____________________________

BROKER/AGENT INFORMATIONFortune International Realty PHONE : (305) 970-7260 EMAIL : [email protected] 2666 Brickell Avenue, MIAMI,FL, 33129

CONFIDENTIAL AGREEMENT/NDA

No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by our principals.

PROPERTY FEATURESPROPERTY FEATURES

PROPERTY ADDRESS 8900 NW 107th Ct. Doral, Florida 33178PROPERTY TYPE Residential Condo / Townhouse UNITS 14 Folios (per Miami Dade Tax Roll) are for

sale as part of this offering. All folios are leased.

CONDO TYPE 3 Bed / 2 Bath ( 6 units)CONDO TYPE 3 Bed / 2.5 Bath (8 units)CONDO SIZE RANGE 1,207 - 1,313 SF TOTAL UNITS IN PROJECT 327LOWEST PRICED UNIT ON THE MARKET $260,000HIGHEST PRICED UNIT ON THE MARKET $349,000AVERAGE PRICE PER UNIT ON PACKAGE $300,000YEAR BUILT 2008 - 2010TOTAL 17,452 SFTOTAL NOI $181,908ASKING PRICE $4,250,000

INVESTMENT SUMMARYRESIDENTIAL BULK OPPORTUNITY14 Residential Units 100% OCCUPANCY


OVERVIEW: Coronado at Doral

Coronado at Doral is a multifamily project built between the years of 2007-2010. The project consists of 327 condominiums and townhomes divided in twelve 2 story buildings.

The property is convenient located in the intersection of 107th Ct and 89th Street in Doral, Florida. FIR is exclusively offering 14 folio #’s for sale representing approximately 17,452 SF. This offering is an excellent opportunity for a bulk investor to purchase well sized units, all rented and receive positive cash flow. All these units were renovated in 2011 with new flooring, new kitchen appliances.


PROPERTY FLOORPLAN/PICTURES


NEIGHBORHOOD MAP

DORAL LEGACY PARK @ NW 82nd Street and NW 114th AvenueNW 114th Avenue park is conceived as a place in which the community can gather to enjoy sports, cultural arts, and nature in a safe environment that is representative of the beautiful city of Doral.

The park is encompassed 18+ acres in the section 7 area of Doral.


DORAL,FLDoral, incorporated on June 24, 2003, in one of thirty-four municipalities in Miami-Dade County, Florida.

Conveniently located just one mile from Miami International Airport and twelve miles from Downtown Miami

Doral is home to approximately 50,213 residents and regularly hosts in excess of 100,000 people who work within the City.

The City of Doral occupies a land area of 15 square miles bordered on the west by the Ronald Reagan Turnpike, to the north by the Town of Medley, to the east by the Palmetto Expressway and to the South by the City of Sweetwater. • From 2010 to 2013 Doral welcomed almost 6,000 new residents, a gain of more than 14% • Young and thriving community. Most people concentrated in age ranges of 0-14 and 40-59. Married couples with children. • Average Household Income of more than $89k. • 4.4% unemployment rate, over a full percentage point lower than the statewide rate.

Major National Corporations with Headquarters in Doral, Florida

Over 150,000 employees come to work to Doral everyday. Home to the most Fortune 500 companies in Dade County and government headquarters such as: • Carnival Cruise Line and Carnival Corporation & plc • Benihana • Perry Ellis International • SEARS • Federal Reserve Bank • Univision • Gold Coast Beverages • Wal-mart • Brinks Inc • Amadeus • Doral Trump Golf Resort and Spa (Home to the Cadillac PGA Tournament)


DEMOGRAPHICSDemographicsPopulation 1-mi. 3-mi. 5-mi. 2015 Male Population 4,684 47,120 114,0542015 Female Population 5,063 50,740 120,622% 2015 Male Population 48.06% 48.15% 48.60%% 2015 Female Population 51.94% 51.85% 51.40%2015 Total Population: Adult 6,937 73,893 185,9212015 Total Daytime Population 20,688 107,410 352,3412015 Total Employees 15,177 51,278 215,3392015 Total Population: Median Age 32 37 402015 Total Population: Adult Median Age 41 44 472015 Total population: Under 5 years 800 6,433 13,0682015 Total population: 5 to 9 years 847 6,948 13,8522015 Total population: 10 to 14 years 768 6,970 14,0832015 Total population: 15 to 19 years 755 6,443 14,1042015 Total population: 20 to 24 years 568 6,110 15,3252015 Total population: 25 to 29 years 729 6,373 15,1232015 Total population: 30 to 34 years 879 7,000 14,9802015 Total population: 35 to 39 years 953 8,227 17,3472015 Total population: 40 to 44 years 896 8,823 19,5072015 Total population: 45 to 49 years 684 8,235 19,4992015 Total population: 50 to 54 years 491 6,638 16,6602015 Total population: 55 to 59 years 331 5,189 13,531Doral Bulk Package10750 NW 89 ST, Doral, FL 33178DemographicsPopulation (Cont.) 1-mi. 3-mi. 5-mi. 2015 Total population: 60 to 64 years 258 4,326 11,7942015 Total population: 65 to 69 years 227 3,532 10,3862015 Total population: 70 to 74 years 182 2,535 8,8982015 Total population: 75 to 79 years 220 1,864 6,9482015 Total population: 80 to 84 years 93 1,171 4,9912015 Total population: 85 years and over 66 1,043 4,580% 2015 Total population: Under 5 years 8.21% 6.57% 5.57%% 2015 Total population: 5 to 9 years 8.69% 7.10% 5.90%% 2015 Total population: 10 to 14 years 7.88% 7.12% 6.00%% 2015 Total population: 15 to 19 years 7.75% 6.58% 6.01%


% 2015 Total population: 20 to 24 years 5.83% 6.24% 6.53%% 2015 Total population: 25 to 29 years 7.48% 6.51% 6.44%% 2015 Total population: 30 to 34 years 9.02% 7.15% 6.38%% 2015 Total population: 35 to 39 years 9.78% 8.41% 7.39%% 2015 Total population: 40 to 44 years 9.19% 9.02% 8.31%% 2015 Total population: 45 to 49 years 7.02% 8.42% 8.31%% 2015 Total population: 50 to 54 years 5.04% 6.78% 7.10%% 2015 Total population: 55 to 59 years 3.40% 5.30% 5.77%% 2015 Total population: 60 to 64 years 2.65% 4.42% 5.03%% 2015 Total population: 65 to 69 years 2.33% 3.61% 4.43%% 2015 Total population: 70 to 74 years 1.87% 2.59% 3.79%Doral Bulk Package10750 NW 89 ST, Doral, FL 33178DemographicsPopulation (Cont.) 1-mi. 3-mi. 5-mi. % 2015 Total population: 75 to 79 years 2.26% 1.90% 2.96%% 2015 Total population: 80 to 84 years 0.95% 1.20% 2.13%% 2015 Total population: 85 years and over

0.68% 1.07% 1.95%

2015 White alone 8,796 88,542 213,3552015 Black or African American alone 205 2,303 7,2702015 American Indian and Alaska Native alone

19 129 290

2015 Asian alone 224 1,996 3,2182015 Native Hawaiian and OPI alone 1 9 202015 Some Other Race alone 359 3,054 6,2732015 Two or More Races alone 143 1,827 4,2502015 Hispanic 8,306 86,223 209,8852015 Not Hispanic 1,441 11,637 24,791% 2015 White alone 90.24% 90.48% 90.91%% 2015 Black or African American alone 2.10% 2.35% 3.10%% 2015 American Indian and Alaska Native alone

0.19% 0.13% 0.12%

% 2015 Asian alone 2.30% 2.04% 1.37%% 2015 Native Hawaiian and OPI alone 0.01% 0.01% 0.01%% 2015 Some Other Race alone 3.68% 3.12% 2.67%% 2015 Two or More Races alone 1.47% 1.87% 1.81%% 2015 Hispanic 85.22% 88.11% 89.44%% 2015 Not Hispanic 14.78% 11.89% 10.56%Doral Bulk Package


10750 NW 89 ST, Doral, FL 33178DemographicsPopulation (Cont.) 1-mi. 3-mi. 5-mi. 2015 Not Hispanic: White alone 29 7,347 21,7572015 Not Hispanic: Black or African American alone

6 1,834 3,827

2015 Not Hispanic: American Indian and Alaska Native alone

n/a 26 77

2015 Not Hispanic: Asian alone 5 951 2,1352015 Not Hispanic: Native Hawaiian and OPI alone

n/a 1 5

2015 Not Hispanic: Some Other Race alone

n/a 48 98

2015 Not Hispanic: Two or More Races 3 346 809% 2015 Not Hispanic: White alone 22.14% 12.06% 11.58%% 2015 Not Hispanic: Black or African American alone

4.58% 3.01% 2.04%

% 2015 Not Hispanic: American Indian and Alaska Native alone

0.00% 0.04% 0.04%

% 2015 Not Hispanic: Asian alone 3.82% 1.56% 1.14%% 2015 Not Hispanic: Native Hawaiian and OPI alone

0.00% 0.00% 0.00%

% 2015 Not Hispanic: Some Other Race alone

0.00% 0.08% 0.05%

% 2015 Not Hispanic: Two or More Races 2.29% 0.57% 0.43%Population Change 1-mi. 3-mi. 5-mi. Total: Employees (NAICS) n/a n/a n/aTotal: Establishements (NAICS) n/a n/a n/aDoral Bulk Package10750 NW 89 ST, Doral, FL 33178DemographicsPopulation Change (Cont.) 1-mi. 3-mi. 5-mi. 2015 Total Population 9,747 97,860 234,6762015 Households 2,951 29,201 72,179Population Change 2010-2015 3,255 12,634 21,053Household Change 2010-2015 1,027 2,885 4,244% Population Change 2010-2015 50.14% 14.82% 9.86%% Household Change 2010-2015 53.38% 10.96% 6.25%Population Change 2000-2015 9,616 36,945 46,794


Household Change 2000-2015 2,898 11,254 13,047% Population Change 2000 to 2015 7,340.46% 60.65% 24.91%% Household Change 2000 to 2015 5,467.92% 62.71% 22.06%Housing 1-mi. 3-mi. 5-mi. 2015 Housing Units 78 19,721 62,1472015 Occupied Housing Units 53 17,947 59,1312015 Owner Occupied Housing Units 40 12,747 34,5152015 Renter Occupied Housing Units 13 5,200 24,6162015 Vacant Housings Units 25 1,763 3,024% 2015 Occupied Housing Units 67.95% 91.00% 95.15%Doral Bulk Package10750 NW 89 ST, Doral, FL 33178DemographicsHousing (Cont.) 1-mi. 3-mi. 5-mi. % 2015 Owner occupied housing units 75.47% 71.03% 58.37%% 2015 Renter occupied housing units 24.53% 28.97% 41.63%% 2000 Vacant housing units 32.05% 8.94% 4.87%Income 1-mi. 3-mi. 5-mi. 2015 Household Income: Median $55,528 $53,185 $43,0652015 Household Income: Average $76,051 $73,971 $60,4192015 Per Capita Income $23,025 $22,128 $18,9052015 Household income: Less than $10,000

302 2,033 7,040

2015 Household income: $10,000 to $14,999

78 1,144 4,362


124 1,483 5,137


110 1,670 4,998


134 1,322 3,878


224 1,669 4,398


83 1,419 3,928


117 1,539 3,830


199 1,484 3,846



189 2,629 5,803


410 2,998 6,830


313 3,660 7,267


208 2,096 4,178


121 1,200 2,146


202 1,571 2,531

Doral Bulk Package10750 NW 89 ST, Doral, FL 33178DemographicsIncome (Cont.) 1-mi. 3-mi. 5-mi. 2015 Household income: $200,000 or more

137 1,284 2,007

% 2015 Household income: Less than $10,000

10.23% 6.96% 9.75%

% 2015 Household income: $10,000 to $14,999

2.64% 3.92% 6.04%


4.20% 5.08% 7.12%


3.73% 5.72% 6.92%


4.54% 4.53% 5.37%


7.59% 5.72% 6.09%


2.81% 4.86% 5.44%


3.96% 5.27% 5.31%


6.74% 5.08% 5.33%


6.40% 9.00% 8.04%


13.89% 10.27% 9.46%


10.61% 12.53% 10.07%


7.05% 7.18% 5.79%



4.10% 4.11% 2.97%


6.85% 5.38% 3.51%

% 2015 Household income: $200,000 or more

4.64% 4.40% 2.78%

Retail Sales Volume 1-mi. 3-mi. 5-mi. 2015 Childrens/Infants clothing stores $891,312 $8,634,906 $20,335,8142015 Jewelry stores $294,039 $2,881,608 $6,675,2412015 Mens clothing stores $998,892 $9,808,787 $22,996,7922015 Shoe stores $1,023,899 $10,115,767 $23,751,749Doral Bulk Package10750 NW 89 ST, Doral, FL 33178DemographicsRetail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi. 2015 Womens clothing stores $1,613,048 $16,043,758 $37,887,6702015 Automobile dealers $12,529,609 $123,920,139 $287,161,6862015 Automotive parts and accessories stores

$2,415,312 $24,046,211 $56,617,519

2015 Other motor vehicle dealers $302,951 $3,135,363 $7,573,9042015 Tire dealers $1,077,115 $10,740,424 $25,300,7952015 Hardware stores $49,748 $501,055 $1,134,7582015 Home centers $478,871 $4,927,804 $11,299,1662015 Nursery and garden centers $560,603 $5,777,942 $13,395,1552015 Outdoor power equipment stores $267,978 $2,709,456 $6,344,0862015 Paint andwallpaper stores $57,874 $589,620 $1,354,2192015 Appliance, television, and other electronics stores

$1,661,490 $16,514,479 $38,323,584

2015 Camera andphotographic supplies stores

$126,584 $1,246,402 $2,815,979

2015 Computer andsoftware stores $4,523,926 $44,891,419 $106,676,4842015 Beer, wine, and liquor stores $801,923 $7,942,156 $18,666,2082015 Convenience stores $3,784,350 $37,002,482 $87,301,9512015 Restaurant Expenditures $3,369,953 $33,434,559 $78,293,4732015 Supermarkets and other grocery (except convenience) stores

$13,252,093 $131,256,965 $314,050,800

2015 Furniture stores $1,204,278 $11,951,722 $27,676,1912015 Home furnishings stores $4,029,757 $40,293,036 $94,884,4242015 General merchandise stores $21,534,910 $214,802,532 $502,828,698


2015 Gasoline stations with convenience stores

$11,472,045 $113,316,108 $267,892,429

Doral Bulk Package10750 NW 89 ST, Doral, FL 33178DemographicsRetail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi. 2015 Other gasoline stations $8,145,188 $80,790,118 $191,298,6892015 Department stores (excl leased depts)

$21,240,871 $211,920,924 $496,153,457

2015 General merchandise stores $21,534,910 $214,802,532 $502,828,6982015 Other health and personal care stores

$826,646 $8,223,504 $19,237,051

2015 Pharmacies and drug stores $3,258,831 $32,685,017 $77,981,6362015 Pet and pet supplies stores $868,327 $8,748,246 $20,619,0202015 Book, periodical, and music stores $129,805 $1,298,070 $3,005,6032015 Hobby, toy, and game stores $390,795 $3,868,712 $9,080,7062015 Musical instrument and supplies stores

$39,818 $391,503 $877,147

2015 Sewing, needlework, and piece goods stores

$70,073 $690,771 $1,633,052

2015 Sporting goods stores $384,330 $3,775,922 $8,609,672


CONTACT HERZ DUPOND REAL ESTATE GROUPBased in Miami, and comprised of an international team, Herz Dupond Real Estate Group Commercial Division is one of South Florida’s leading retail/office leasing and development teams within Fortune International Realty.

Representing both tenants and landlords, Herz Dupond Real Estate Group services include customized site selection, demographic analysis, site tours, merchandising plans, leasenegotiation, restaurant development consultation, branding, architectural and design consultation. The team’s extensive focus on Dade, Broward and Palm Beach uniquely equips the team to handle corporate rollouts of brands looking to penetrate these markets. Herz Dupond Real Estate Group offers clients a vertically-integrated, full service brokerage with a twist: the power and experience of a consulting firm.

The team’s mission is to utilize the current real estate market analysis and our team’s expertise in retail/office development, while working alongside ownership in concept creation. Being involved every step of the way from concept to delivery to ease the process for our clients and ultimately lead the efforts in the return of their investments.

RICARDO [email protected]

CONTACT ME FOR MORE INFORMATION ON THIS PROJECT

a residential investment opportunity · no warrant or representation, epress or iplied, is ade as...

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