CORONADO AT DORAL: A RESIDENTIAL INVESTMENT OPPORTUNITY 8900 NW 107 CT DORAL, FL 33178 PRESENTED BY: HERZ DUPOND GROUP 305.970.7260
PROPERTY SUMMARY INVESTMENT SUMMARY RESIDENTIAL BULK OPPORTUNITY 14 Residential Units 100% OCCUPANCY PROPERTY ADDRESS 8900 NW 107th Ct. Doral, Florida 33178 PROPERTY TYPE UNITS CONDO TYPE CONDO TYPE CONDO SIZE RANGE Residential Condo / Townhouse 14 Folios (per Miami Dade Tax Roll) are for sale as part of this offering. All folios are leased. 3 Bed / 2 Bath ( 6 units) 3 Bed / 2.5 Bath (8 units) 1,207-1,313 SF TOTAL UNITS IN PROJECT 327 LOWEST PRICED UNIT ON THE MARKET $260,000 HIGHEST PRICED UNIT ON THE MARKET $349,000 AVERAGE PRICE PER UNIT ON PACKAGE $300,000 YEAR BUILT 2008-2010 TOTAL 17,452 SF TOTAL NOI $181,908 ASKING PRICE $4,250,000 HERZ DUPOND GROUP 305.970.7260 WH@FIR.COM INFO@WHMIAMI.COM PAGE 2
PROPERTY SUMMARY Herz Dupond Group is pleased to offer this package for sale. 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. HERZ DUPOND GROUP 305.970.7260 WH@FIR.COM INFO@WHMIAMI.COM PAGE 3
AVAILABLE FOR SALE 8900 NW 107TH COURT LO C ATION AMELIA EARHART PARK DORAL LEGACY PARK CVS MIDTOWN DOR AL PUBLIX WELLS FARGO CITIBANK McDONALD S LE N N A R BANK OF AMERICA T O M E T PA L RO N A L D R E AG A N ( F L O R I DA ) ISL AN D S O F D O R AL R. REAGAN SR. HIGH 6 ) ( 8 2 FLAGLER STATION Y S WA R E S P X E T U R N P I K E CORONADO BEST BUY DOLPHIN MALL NORTH MIAMI BEACH MIAMI L AKES N HIALEAH MIAMI INTERNATIONAL AIRPORT HERZ DUPOND GROUP 305.970.7260 WH@FIR.COM INFO@WHMIAMI.COM PAGE 4
LOCATION OVERVIEW DORAL LEGACY PARK @ NW 82nd Street and NW 114th Avenue NW 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. HERZ DUPOND GROUP 305.970.7260 WH@FIR.COM INFO@WHMIAMI.COM PAGE 5
FLOORPLAN HERZ DUPOND GROUP 305.970.7260 WH@FIR.COM INFO@WHMIAMI.COM PAGE 6
PICTURES HERZ DUPOND GROUP 305.970.7260 WH@FIR.COM INFO@WHMIAMI.COM PAGE 7
TURNPIKE AVAILABLE FOR SALE 8900 NW 107 TH COURT DORAL MARKET OVERVIEW DORAL PARK PALMETTO Doral, 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. HERZ DUPOND GROUP 305.970.7260 WH@FIR.COM INFO@WHMIAMI.COM PAGE 8
DORAL MARKET OVERVIEW 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 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) HERZ DUPOND GROUP 305.970.7260 WH@FIR.COM INFO@WHMIAMI.COM PAGE 9
DEMOGRAPHICS POPULATION 1-MI. 3-MI. 5-MI. 2015 Male Population 4,684 47,120 114,054 2015 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 73,893 185,921 2015 Total Daytime Population 20,688 107,410 352,341 2015 Total Employees 15,177 51,278 215,339 2015 Total Population: Median Age 32 37 40 2015 Total Population: Adult Median Age 41 44 47 2015 Total population: Under 5 years 800 6,433 13,068 2015 Total population: 5 to 9 years 847 6,948 13,852 2015 Total population: 10 to 14 years 768 6,970 14,083 2015 Total population: 15 to 19 years 755 6,443 14,104 2015 Total population: 20 to 24 years 568 6,110 15,325 2015 Total population: 25 to 29 years 729 6,373 15,123 2015 Total population: 30 to 34 years 879 7,000 14,980 2015 Total population: 35 to 39 years 953 8,227 17,347 2015 Total population: 40 to 44 years 896 8,823 19,507 2015 Total population: 45 to 49 years 684 8,235 19,499 2015 Total population: 50 to 54 years 491 6,638 16,660 2015 Total population: 55 to 59 years 331 5,189 13,531 Doral Bulk Package 10750 NW 89 ST, Doral, FL 33178 Demographics POPULATION (CONT.) 1-MI. 3-MI. 5-MI. 2015 Total population: 60 to 64 years 258 4,326 11,794 2015 Total population: 65 to 69 years 227 3,532 10,386 2015 Total population: 70 to 74 years 182 2,535 8,898 2015 Total population: 75 to 79 years 220 1,864 6,948 2015 Total population: 80 to 84 years 93 1,171 4,991 2015 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% HERZ DUPOND GROUP 305.970.7260 WH@FIR.COM INFO@WHMIAMI.COM PAGE 10
PROPERTY SUMMARY % 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% POPULATION (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 0.68% 1.07% 1.95% over 2015 White alone 8,796 88,542 213,355 2015 Black or African American alone 205 2,303 7,270 2015 American Indian and Alaska Native 19 129 290 alone 2015 Asian alone 224 1,996 3,218 2015 Native Hawaiian and OPI alone 1 9 20 2015 Some Other Race alone 359 3,054 6,273 2015 Two or More Races alone 143 1,827 4,250 2015 Hispanic 8,306 86,223 209,885 2015 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 0.19% 0.13% 0.12% Native alone % 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 HERZ DUPOND GROUP 305.970.7260 WH@FIR.COM INFO@WHMIAMI.COM PAGE 11
PROPERTY SUMMARY POPULATION (CONT.) 1-MI. 3-MI. 5-MI. 2015 Not Hispanic: White alone 29 7,347 21,757 2015 Not Hispanic: Black or African 6 1,834 3,827 American alone 2015 Not Hispanic: American Indian and n/a 26 77 Alaska Native alone 2015 Not Hispanic: Asian alone 5 951 2,135 2015 Not Hispanic: Native Hawaiian and n/a 1 5 OPI alone 2015 Not Hispanic: Some Other Race n/a 48 98 alone 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 4.58% 3.01% 2.04% American alone % 2015 Not Hispanic: American Indian 0.00% 0.04% 0.04% and Alaska Native alone % 2015 Not Hispanic: Asian alone 3.82% 1.56% 1.14% % 2015 Not Hispanic: Native Hawaiian 0.00% 0.00% 0.00% and OPI alone % 2015 Not Hispanic: Some Other Race 0.00% 0.08% 0.05% alone % 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/a Total: Establishements (NAICS) n/a n/a n/a Doral Bulk Package 10750 NW 89 ST, Doral, FL 33178 Demographics POPULATION (CONT.) 1-MI. 3-MI. 5-MI. 2015 Total Population 9,747 97,860 234,676 2015 Households 2,951 29,201 72,179 Population Change 2010-2015 3,255 12,634 21,053 HERZ DUPOND GROUP 305.970.7260 WH@FIR.COM INFO@WHMIAMI.COM PAGE 12
PROPERTY SUMMARY Household 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 62,147 2015 Occupied Housing Units 53 17,947 59,131 2015 Owner Occupied Housing Units 40 12,747 34,515 2015 Renter Occupied Housing Units 13 5,200 24,616 2015 Vacant Housings Units 25 1,763 3,024 % 2015 Occupied Housing Units 67.95% 91.00% 95.15% HOUSING (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 $43,065 2015 Household Income: Average $76,051 $73,971 $60,419 2015 Per Capita Income $23,025 $22,128 $18,905 2015 Household income: Less than 302 2,033 7,040 $10,000 2015 Household income: $10,000 to 78 1,144 4,362 $14,999 2015 Household income: $15,000 to 124 1,483 5,137 $19,999 2015 Household income: $20,000 to 110 1,670 4,998 $24,999 2015 Household income: $25,000 to 134 1,322 3,878 $29,999 2015 Household income: $30,000 to $34,999 224 1,669 4,398 HERZ DUPOND GROUP 305.970.7260 WH@FIR.COM INFO@WHMIAMI.COM PAGE 13
PROPERTY SUMMARY 2015 Household income: $35,000 to $39,999 2015 Household income: $40,000 to $44,999 2015 Household income: $45,000 to $49,999 83 1,419 3,928 117 1,539 3,830 199 1,484 3,846 2015 Household income: $50,000 to 189 2,629 5,803 $59,999 2015 Household income: $60,000 to 410 2,998 6,830 $74,999 2015 Household income: $75,000 to 313 3,660 7,267 $99,999 2015 Household income: $100,000 to 208 2,096 4,178 $124,999 2015 Household income: $125,000 to 121 1,200 2,146 $149,999 2015 Household income: $150,000 to 202 1,571 2,531 $199,999 Doral Bulk Package 10750 NW 89 ST, Doral, FL 33178 Demographics Income (Cont.) 1-mi. 3-mi. 5-mi. 2015 Household income: $200,000 or more % 2015 Household income: Less than $10,000 % 2015 Household income: $10,000 to $14,999 % 2015 Household income: $15,000 to $19,999 % 2015 Household income: $20,000 to $24,999 % 2015 Household income: $25,000 to $29,999 137 1,284 2,007 10.23% 6.96% 9.75% 2.64% 3.92% 6.04% 4.20% 5.08% 7.12% 3.73% 5.72% 6.92% 4.54% 4.53% 5.37% HERZ DUPOND GROUP 305.970.7260 WH@FIR.COM INFO@WHMIAMI.COM PAGE 14
PROPERTY SUMMARY % 2015 Household income: $30,000 to $34,999 % 2015 Household income: $35,000 to $39,999 % 2015 Household income: $40,000 to $44,999 % 2015 Household income: $45,000 to $49,999 % 2015 Household income: $50,000 to $59,999 % 2015 Household income: $60,000 to $74,999 % 2015 Household income: $75,000 to $99,999 % 2015 Household income: $100,000 to $124,999 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% % 2015 Household income: $125,000 to 4.10% 4.11% 2.97% $149,999 % 2015 Household income: $150,000 to 6.85% 5.38% 3.51% $199,999 % 2015 Household income: $200,000 or 4.64% 4.40% 2.78% more Retail Sales Volume 1-mi. 3-mi. 5-mi. 2015 Childrens/Infants clothing stores $891,312 $8,634,906 $20,335,814 2015 Jewelry stores $294,039 $2,881,608 $6,675,241 2015 Mens clothing stores $998,892 $9,808,787 $22,996,792 2015 Shoe stores $1,023,899 $10,115,767 $23,751,749 Doral Bulk Package 10750 NW 89 ST, Doral, FL 33178 Demographics Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi. 2015 Womens clothing stores $1,613,048 $16,043,758 $37,887,670 2015 Automobile dealers $12,529,609 $123,920,139 $287,161,686 2015 Automotive parts and accessories $2,415,312 $24,046,211 $56,617,519 stores 2015 Other motor vehicle dealers $302,951 $3,135,363 $7,573,904 2015 Tire dealers $1,077,115 $10,740,424 $25,300,795 HERZ DUPOND GROUP 305.970.7260 WH@FIR.COM INFO@WHMIAMI.COM PAGE 15
PROPERTY SUMMARY 2015 Hardware stores $49,748 $501,055 $1,134,758 2015 Home centers $478,871 $4,927,804 $11,299,166 2015 Nursery and garden centers $560,603 $5,777,942 $13,395,155 2015 Outdoor power equipment stores $267,978 $2,709,456 $6,344,086 2015 Paint andwallpaper stores $57,874 $589,620 $1,354,219 2015 Appliance, television, and other $1,661,490 $16,514,479 $38,323,584 electronics stores 2015 Camera andphotographic supplies $126,584 $1,246,402 $2,815,979 stores 2015 Computer andsoftware stores $4,523,926 $44,891,419 $106,676,484 2015 Beer, wine, and liquor stores $801,923 $7,942,156 $18,666,208 2015 Convenience stores $3,784,350 $37,002,482 $87,301,951 2015 Restaurant Expenditures $3,369,953 $33,434,559 $78,293,473 2015 Supermarkets and other grocery $13,252,093 $131,256,965 $314,050,800 (except convenience) stores 2015 Furniture stores $1,204,278 $11,951,722 $27,676,191 2015 Home furnishings stores $4,029,757 $40,293,036 $94,884,424 2015 General merchandise stores $21,534,910 $214,802,532 $502,828,698 2015 Gasoline stations with convenience $11,472,045 $113,316,108 $267,892,429 stores Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi. 2015 Other gasoline stations $8,145,188 $80,790,118 $191,298,689 2015 Department stores (excl leased $21,240,871 $211,920,924 $496,153,457 depts) 2015 General merchandise stores $21,534,910 $214,802,532 $502,828,698 2015 Other health and personal care $826,646 $8,223,504 $19,237,051 stores 2015 Pharmacies and drug stores $3,258,831 $32,685,017 $77,981,636 2015 Pet and pet supplies stores $868,327 $8,748,246 $20,619,020 2015 Book, periodical, and music stores $129,805 $1,298,070 $3,005,603 2015 Hobby, toy, and game stores $390,795 $3,868,712 $9,080,706 2015 Musical instrument and supplies $39,818 $391,503 $877,147 stores 2015 Sewing, needlework, and piece $70,073 $690,771 $1,633,052 goods stores 2015 Sporting goods stores $384,330 $3,775,922 $8,609,672 HERZ DUPOND GROUP 305.970.7260 WH@FIR.COM INFO@WHMIAMI.COM PAGE 16
BULK PACKAGE 8900 NW 107 COURT DORAL, FL 33178 CALL 305.970.7260 WOLFGANG HERZ WH@FIR.COM RICARDO DUPOND RD@FIR.COM 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. HERZ DUPOND GROUP 305.970.7260 WH@FIR.COM INFO@WHMIAMI.COM PAGE 17