turnkey indoor fitness center · 2018-04-10 · available for sale 1756 north bayshore dr....

1756 N BAYSHORE DRMIAMI, FL 33132PRESENTED BY: HERZ DUPOND GROUP305.970.7260

TURNKEY INDOOR FITNESS CENTER

EDGEWATER - BUSINESS OPPORTUNITY

HERZ DUPOND REAL ESTATE GROUP | 305.970.7260 | [email protected] PAGE 2

AVAILABLE FOR SALE | 1756 NORTH BAYSHORE DR.

PRICE $129,000

ADDRESS 1756 N Bayshore Dr | MIAMI, FL 33132

SPACE 945 SF

PARKING Street Parking & Guest Parking on Site

DESCRIPTION Fully equipped, built-out

FIXED EXPENSES $2,000

MONTHY RENT $1,250

INSURANCE $150/M

CLEANER $400/M

GYM WIPES $100

GYM SOFTWARE $100

HIGHLIGHTS• Turnkey fitness studio which is currently being used as a cyclebar but can work as dance, yoga and more

• An established fitness business with clientele

• Neighbor to Fitbox Method and Pura Vida Cafe

• Across from Margaret Pace Park

• Lease Commencement: October 25, 2016 (10-year Lease) | 5 year option (at tenants right/option)

• Rent: Approximately $1,200/M

• Financing Terms: Negotiable

PROPERTY SUMMARY

PAYROLLTRAINERS $40/HR (CURRENTLY 7-10 CLASSES A WEEK) = $1600/M

FULL SCHEDULE $3200 (20 CLASSES A WEEK)

DEMOGRAPHICS1-MI 3-MI 5-MI

2015 TOTAL POPULATION 21,884 191,101 398,6782015 TOTAL DAYTIME POPULATION 29,686 305,032 625,5712015 TOTAL EMPLOYEES 17,684 179,745 355,0352015 HOUSEHOLD INCOME: AVG $71,124 $57,193 $57,130



PROPERTY SUMMARYThis is an opportunity to own a turnkey fitness center in the Edgewater community. The unit

currently contains 16 brand new Schwinn carbon blue bikes with the capacity to have 10-20

additional bikes.

Included is a custom-built stage and room with top-of-the-line commercial grade sound

system and acoustic proof room and shower room usage upon completing of the renovation. 2

assigned parking spaces are included with free parking for guests. Seller financing is possible

up to 50% and managment is willing to stay for new owner and willing to help as permitted.

The building just finished a multi million dollar renovation with top of the line lobby and

amenities. BAY PARC PLAZA is a 40 story apartment building with 471 units with ground floor

office/retail space. It is by the water and a park, close to public transportation and to grocery

stores and restaurants. Also, across the street from Miami International University of Arts and

Design, Arts Institutes. It is within walking distance of hotels that include the DoubleTree by

Hilton, Marriott, Hilton, and ME. There are over 4000 apartments/condos in the neighborhood.



PROPERTY LOCATION

OPERA TOWER AREA ON THE BAY

1800 CLUB

QUANTUM PARAMOUNT BAY

CITE ON THE BAY



Extended ressidential building list in the edgewater community:1. Baltus House - 167 Units

2. Bay House - 165 Units

3. Chelsea Tower - 222 Units

4. Crimson Residences - 90 Units

5. M Bay - 129 Units

6. Icon Bay - 299 Units

7. Biscayne Beach - 400 Units

8. Paraiso Bay - 700 Units

9. ION - 328 Units

BUILDING & NEIGHBORHOOD



EDGEWATER PROJECTSEDGEWATER RESIDENTIAL UNITS

BALTUS HOUSE

Baltus House - a co development with Related Group of Florida in the Design District. It will be a 15 story building

with 167 units overlooking Biscayne Bay . 4300 Biscayne Blvd. Miami, Fl. 33137

BAY HOUSE

Surrounded by amazing scenery, Bay House at East Edgewater o ers fortunate owners, wide open views across the

blue waters of Biscayne Bay, overlooking the isles of Miami Beach and Key Biscayne and the vibrant city lights of

Downtown, Midtown and the Miami Design district. Bay House will be a 38 story building with 165 units.

CHELSEA TOWER

The mixed-use building at 1550 Biscayne Boulevard is now slated to contain 15 doors of parking spaces, 10 oors

for o ces and 23 oors of condominiums. Under the plan, there will be 675 parking spaces, 222 residential units and

170,564 square feet of non-residential space.

THE CRIMSON

The Crimson is a 19 oors with 90 exclusive residences located at the upcoming Edgewater Dis- trict neighborhood,

featuring 1, 2 and 3 bedroom residences featuring gorgeous views of Biscayne Bay and Miami Beach.

ICON BAY

Related Group, which has developed a number of luxury condo developments in South Florida, is the developer

behind Icon Bay in conjunction with the world-renowned architectural rm Arquitectonica. Icon Bay, 40 stories with

299 units each with private elevator access and pan- oramic views of Biscayne Bay and the Miami Beach skyline, o

er 1-3 bedroom units ranging from 928-1530 square feet.

M BAY

The glassy condominium tower, called MBay, will rise 39 stories, or 444 feet, and is designed by Arquitectonica. The

property is located on the bay, between NE 26th Street and NE 26th Terrace. Hyperion, the developer, is plan- ning

to build 129 residential units, the maximum permitted on the .85 acre property. The project will contain 205 parking

spaces on levels 2-7, the minimum required under Miami 21.

PARAISO BAY

Nearly a month after receiving a $93 million construction loan for its 53-story tower at Paraiso Bay, Related Group

poured the foundation for the tower, the rst of four in the complex. The first tower will have 325 units out of the

complex’s planned 2,000 units, the Next Miami reported. The first tower, designed by Arquitectonica, is scheduled

for completion in 2016 and will have swimming pools, tennis courts, and other amenities.



Edgewater is a neighborhood in Miami, Florida, United States, located north of Downtown and

Omni, and south of the Upper East Side.[1] It roughly bound by North 17th Street to the south,

North 37th Street to the north, the Florida East Coast Railway and East First Avenue to the west

and Biscayne Bay to the east.[2]

Edgewater is primarily a residential neighborhood, with many historic early 20th century homes. The

neighborhood has many high-rise residential towers to the east along Biscayne Bay, and historic

homes elsewhere in the neighborhood. Since 2000, the area has grown in popularity, due to its

proximity to Downtown and neighborhoods such as the Design District. Recent developments in the

neighborhood, have brought rapid urbanization to the area, with the construction of high-rise and

mid-rise residential buildings, and more retail.

As of 2000, Edgewater (Wynwood) had a population between 14,034[4] and 14,819[5] residents,

with 6,221 households, and 2,987 families residing in the neighborhood. The median household

income was $11,293.93. The racial makeup of the neighborhood was 58.51% Hispanic or Latino of

any race, 17.51% Black or African American, 21.55% White (non-Hispanic), and 2.42% Other races

(non-Hispanic). It shares demographics with Wynwood.[5]

The zip codes for the Edgewater (Wynwood) include 33127, 33132, and 33137. The area covers 1.679

square miles (4.35 km2). As of 2000, there were 7,548 males and 6,486 females. The median age

for males were 32.5 years old, while the median age for females were 32.3 years old. The average

household size had 2.3 people, while the average family size had 3.2 members. The percentage of

married-couple families (among all households) was 25.2%, while the percentage of married-couple

families with children (among all households) was 10.9%, and the percentage of single-mother

households (among all households) was 11.6%. 4.5% of the population was in other group homes.

The percentage of never-married males 15 years old and over was 20.1%, while the percentage of

never-married females 15 years old and over was 15.9%.[4]

As of 2000, the percentage of people that speak English not well or not at all made up 25.1% of the

population. The percentage of residents born in Florida was 28.0%, the percentage of people born

in another U.S. state was 20.5%, and the percentage of native residents but born outside the U.S.

was 7.0%, while the percentage of foreign born residents was 44.4%[4]

ABOUT EDGEWATER



CYCLEBOX IN THE NEWS


RETAIL AVAILABLE1756 N BAYSHORE DR

MIAMI, FL 33132

ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. ALL PROPERTIES ARE SUBJECT TO PRIOR SALE, CHANGE OR WITHDRAWAL. NEITHER LISTING BROKER(S) OR INFORMATION PROVIDER(S) SHALL BE RESPONSIBLE FOR ANY TYPOGRAPHICAL ERRORS, MISINFORMATION, MISPRINTS AND SHALL BE HELD TOTALLY HARMLESS.

CONTACT US FOR MORE INFORMATION ON THIS OPPORTUNITY

ERZUPONDREAL ESTATE GROUP

WHMIAMI.COM | [email protected]

HERZ DUPOND GROUPWOLFGANG HERZ & RICARDO DUPOND

305.970.7260

turnkey indoor fitness center · 2018-04-10 · available for sale 1756 north bayshore dr....

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