The Property offers a significant footprint with excellent visibility and frontage at the intersection of NW 37th Ave and the Eastbound exit ramp of the Palmetto Expressway (SR-826), boasting more than 150,000 passing vehicles per day.
Strong proximity to St. Thomas University, which has a current enrollment of 10,000+ students in its graduate and undergraduate programs.
More than half of Property has a zoning classification of PCD (Planned Corridor Development) zone, which incentivizes mixed-use projects including residential, retail and office.
The Property could potentially host an impressive 10-story structure with up to ±132 multifamily units and office and retail components, provided a zoning change on non-PCD zoned parcels is approved and specific development incentives are met.