h20 dania approved waterfront townhome development site … › d2 ›...

H20 DANIA

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APPROVED WATERFRONT TOWNHOME DEVELOPMENT SITE 4664 SW 32ND AVENUE, DANIA BEACH FL 33312

H20 DaniaCONTENTS

Exclusively Marketed by:

Don Ginsburg(561) 236-5391

[email protected]

We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions,change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or future performance of theproperty. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

01 Executive Summary Investment Summary 5 Location Summary 6

02 Property Description Property Features 8 Aerial Map 9 Parcel Map 10 Property Images 11

03 Sale Comps Sale Comparables 22

04 Demographics Demographics 28

1100 McNab

CONFIDENTIALITY AND DISCLAIMER

The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from

Katalyst Real Estate & Development, LLC and it should not be made available to any other person or entity without the written consent of Katalyst Real Estate &

Development, LLC.

By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient

further agrees that recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property, please promptly return this

offering memorandum to Katalyst Real Estate & Development, LLC. This offering memorandum has been prepared to provide summary, unverified financial and physical

information to prospective purchasers, and to establish only a preliminary level of interest in the subject property.

The information contained herein is not a substitute for a thorough due diligence investigation. Katalyst Real Estate & Development, LLC has not made any investigation,

and makes no warranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the

size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and

federal regulations, the physical condition of the improvements thereon, or financial condition or business prospects of any tenant, or any tenant's plans or intentions to

continue its occupancy of the subject property.

The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Katalyst Real Estate & Development, LLC has not

verified, and will not verify, any of the information contained herein, nor has Katalyst Real Estate & Development, LLC conducted any investigation regarding these matters

and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate

measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.

DO NOT GO ON PROPERTY

DO NOT DISTURB OR CONTACT TENANT

DO NOT CONTACT CITY, COUNTY, OR ANY GOVERNMENTAL AGENCY

PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.

PLEASE CONTACT KATALYST REAL ESTATE & DEVELOPM ENT, LLC FOR MORE DETAILS.

H20 Dania Confidentiality and Disclaimer | 03

Copyright © 2019 CREOP, LLC. All Rights Reserved.

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Executive Summary

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Location Summary

H20 Dania Investment Summary | 05

OFFERING SUMMARY

ADDRESS 4664 SW 32nd AvenueDania Beach FL 33312

COUNTY Broward

OFFERING PRICE $1,385,000

PRICE PSF $31.84

LAND SF 43,503 SF

OWNERSHIP TYPE Fee Simple

ZONING TYPE RM1

# OF PARCELS 2

Purchase Price Includes a Full Marketing Platformwith Website, Renderings, and Floor-plans

Owners will assign all Approvals, Plans, andConstruction Documents to Purchaser

Project will Provide for Economically AttainableWaterfront Homes

Offers Amenities & Privacy

Centrally Located near Dining, Shopping, &Entertainment

Convenient Access to I-95, I-595, and The FloridaTurnpike

Minutes from Fort Lauderdale International Airportand Port Everglades Seaport

True Turnkey Project ready for Sales andDevelopment

Tremendous Development and Investment withinDania Beach including Dania Pointe, DowntownRedevelopment, and the Hardrock Hotel

Katalyst Real Estate is pleased to present the opportunity topurchase and develop H20 Dania, a fully-approved, Turnkey,Waterfront Townhome Community centrally located in DaniaBeach, Florida.

The site has recently received final approvals for an efficientlydesigned boutique Townhome Community that features agated entry and community pool amenity along the water.

H20 Dania is approved for 11 two-story townhomes averaging2,000 square feet under air. Four units are directly on thewaterfront and there are 9 docks pending approval for theproject.

All units are 3 bedroom 2 and ½ bathrooms and will feature 2car-garages, balconies, and private backyards. New constructiontownhomes in a waterfront community priced from the high$400s to mid $500s provide an incredible value proposition ofattainable luxury.

This opportunity provides a developer with a shovel-readyproject including: all site-plan approvals, architectural &construction drawings, engineering plans, site-work reports, anda fully designed and operational marketing program with awebsite, renderings, and other marketing materials.

This will eliminate tens of thousands of dollars in cashexpenditures and over a year of time from your developmenthorizon.

H20 Dania Location Summary | 06

What's Happening in Dania Beach?

Dania Beach sits directly at the entry to both theFort Lauderdale International Airport and the PortEverglades Seaport. The city of Dania Beachcurrently has over $1 Billion of investment capitaldeployed through development projects andimprovements.

Dania Beach is home to one of the region's largestdevelopments, Dania Pointe and it's over 1 millionsquare feet of mixed-use development. Tenantsinclude TJ Maxx, Youfit, Hobby Lobby, BrandsMart,Men's Wearhouse, over 25 restaurants, bars, andmore.

This fantastic amenity and convenience to residentsis only 5 minutes from H20 Dania and will continueto be an economic driver for the entire region.

In addition to Dania Pointe, The City of Dania Beachhas announced plans to redevelop the City Hallbuilding and the nearly 7 acre site it sits on directlywithin its Urban Core.

This redevelopment project is planned to includeover 2,200 residences and 1.18 million square feet ofdevelopment. This P3 Project should help satisfy thedemand for housing and services in Dania Beach'sUrban Core.

Since 2010 Dania Beach has experienced almost 10%population growth with millennials aged 20-34 asthe fastest growing segment.

Dania Beach continues to be one of the fastestgrowing cities in Broward County while still offeringdevelopers and residents a value proposition as landand housing costs continue to increase throughoutthe country. Now is the time to invest in DaniaBeach.

Regional Map

Locator Map

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Property Description

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Aerial Map

Parcel Map

Additional Maps

Property Images

H20 Dania Property Features | 08

PROPERTY FEATURESLAND SF 43,503

LAND ACRES 1

# OF PARCELS 2

ZONING TYPE RM1

TOPOGRAPHY Flat and to Grade

PCN(S) 5042 30 01 0080 & 5042 30 01 0090

LOT DIMENSIONS 150 x 290

NEIGHBORING PROPERTIESNORTH New Construction Townhome

Community

SOUTH Single Family Homes

EAST Waterway with Ocean Access

WEST Apartments

UTILITIESWATER Available at Property

ELECTRICITY / POWER Available at Property

H20 Dania Aerial Map | 09

H20 Dania Parcel Map | 10

H20 Dania Property Images | 11

Infinity Pool Amenity


Less than 15 Minutes to Hollywood Beach Boardwalk


Less than 10 Minutes to Dania Pointe


5 Minutes to the Seminole Hard Rock

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Sale Comps

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H20 Dania Sale Comparables | 22

1

4453 E Aqua Bella LaneDania Beach, FL 33312

BUILDING SF 2,015

SALE PRICE $480,000

BUILDING/PSF $238.21

DISTANCE 2.2 miles

Land/PSF

LOW HIGH

Sale Price $400,000 - $1,385,000LOW HIGH

Notes Aqua Bella Community - Non Waterfront UnitAdjacent to Subject Property

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4430 Aqua Bella LaneDania Beach, FL 33312

BUILDING SF 1,983

SALE PRICE $472,000


DISTANCE 0.1 miles

Land/PSF

LOW HIGH




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4532 Aqua Bella LaneDania Beach, 33312

BUILDING SF 2,015

SALE PRICE $470,000


Land/PSF

LOW HIGH



4


BUILDING SF 1,990

SALE PRICE $525,000


DISTANCE 2.2 miles

Land/PSF

LOW HIGH


Notes Aqua Bella Community - Waterfront UnitAdjacent to Subject Property


5


BUILDING SF 2,015

SALE PRICE $579,500


DISTANCE 2.2 miles

Land/PSF

LOW HIGH



6


BUILDING SF 2,015

SALE PRICE $575,000


DISTANCE 2.2 miles

Land/PSF

LOW HIGH




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2957 Hidden Harbour StreetFort Lauderdale , FL 33312

BUILDING SF 2,490

SALE PRICE $595,000


DISTANCE 0.9 miles

Land/PSF

LOW HIGH


Notes The Oaks at Hidden Harbour - Resale -Waterfront

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2884 Hidden Harbour CourtFort Lauderdale, FL 33312

BUILDING SF 2,063

SALE PRICE $400,000


DISTANCE 0.9 miles

Land/PSF

LOW HIGH


Notes The Oaks at Hidden Harbour - Resale - Non-Waterfront


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H20 Dania4664 SW 32nd AvenueDania Beach, FL 33312

LAND SF 43,503

ASKING PRICE $1,385,000

LAND/PSF $31.84

Land/PSF $32 - $32

LOW HIGH


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Demographics

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H20 Dania Demographics | 28

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 9,518 89,854 302,515

2010 Population 11,735 92,633 313,485

2019 Population 12,735 102,998 344,518

2024 Population 13,291 108,291 364,051

2019 African American 1,193 18,416 93,930

2019 American Indian 55 837 1,787

2019 Asian 473 2,931 10,471

2019 Hispanic 4,226 38,655 118,582

2019 White 10,078 70,642 207,055

2019 Other Race 543 6,350 18,183

2019 Multiracial 380 3,722 12,788

2019-2024: Population: Growth Rate 4.30 % 5.05 % 5.55 %

2019 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15,000 462 4,838 17,900

$15,000-$24,999 440 3,668 13,199

$25,000-$34,999 384 4,032 13,647

$35,000-$49,999 660 6,251 19,946

$50,000-$74,999 743 7,046 23,640

$75,000-$99,999 782 4,987 16,193

$100,000-$149,999 757 5,052 16,576

$150,000-$199,999 325 2,082 6,349

$200,000 or greater 458 2,349 7,540

Median HH Income $67,115 $53,460 $52,054

Average HH Income $91,720 $77,537 $75,664

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 4,843 41,107 133,728

2010 Total Households 4,736 36,468 123,627



2019 Average Household Size 2.54 2.54 2.51

2000 Owner Occupied Housing 3,232 24,649 75,058

2000 Renter Occupied Housing 934 11,431 45,509


2019 Renter Occupied Housing 1,690 18,388 63,907

2019 Vacant Housing 616 4,321 16,262

2019 Total Housing 5,627 44,627 151,251


2024 Renter Occupied Housing 1,663 18,811 67,040

2024 Vacant Housing 575 4,082 15,558

2024 Total Housing 5,757 46,213 158,111

2019-2024: Households: Growth Rate 3.35 % 4.45 % 5.50 %

Source: esri

H20 Dania

Exclusively Marketed by:

Don Ginsburg(561) 236-5391

[email protected]

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