11155 SW 112th Ave
Miami, FL 33176
Kendall Gardens - 11-Acre Multifamily Land · Land For Sale · 11.38 AC

Property Website: www.AztecKendall.com Aztec Group is pleased to offer the exceptional opportunity to acquire Kendall Gardens (the "Property"), a unique, high barrier-to-entry multifamily or educational campus development opportunity of scale in Miami, Florida. Kendall Gardens is located on ± 11.38 acres in the thriving Kendall neighborhood and is a perfect candidate for up to 534 units of garden-style surface-parked product. The Property also has existing approvals for educational uses with 849 student enrollment and is within walking distance to the 185-acre Miami-Dade College Kendall campus, offering Bachelor's, Associate's and Vocational degree programs to over 46,000 students. The Property is within a 10-minute drive from Baptist Hospital, a comprehensive medical care and research center featuring 902 beds, 2,000 physicians and 5,000 staff. The Property benefits from unparalleled connectivity to major employment centers via one-of-a-kind highway access with SR-874 (Don Shula Expy) within 1 mile, Florida's Turnpike within 1.5 miles, and SR-878. Kendall Gardens is 6 miles (14 minutes) from Downtown Dadeland and Dadeland Mall, 9 miles (12 minutes) from Florida International University, 12 miles (20 minutes) from Coral Gables, and 15 miles (30 minutes) from Downtown Miami CBD and Brickell. Kendall Gardens is located in a mature retail market, boasting over 7.3 million square feet of retail within a 3-mile radius. Kendall Drive (1.5 miles north, ± 84,500 vehicles per day) is a major thoroughfare and retail corridor featuring national retailers such as Publix, Ross, Home Depot, Best Buy, Dick's Sporting Goods, Marshalls, and Burlington. Nearest retail destinations within a five-minute drive include Market Square (78,000 SF - Publix, Walgreens, Tacos & Tattoos) and Kendall Place (288,000 SF - Publix, Ross, Burlington, Starbucks). Kendall is a top apartment market, boasting 48.7% cumulative rent growth and average occupancy of 96.5% over the last 5 years. The Property's location features exceptional demographics with $96,000 Average Household Income and 133,000 Population within a 3-mile radius. Major companies, young professionals, and masses of affluent population are migrating to South Florida due to its climate, culture, and desirable business environment. Florida is a top destination for relocating Americans, having benefited from net migration of 404,000, 221,000 and 318,000 residents in 2020, 2021, and 2022 respectively. Florida remains one of the highest growing states in the U.S. with 1,500,000 new households projected in Florida by 2027. THERE IS NO COOPERATING BROKERAGE FEE AVAILABLE, ALL BROKERS MUST BE PAID BY THEIR CLIENT PROCESS WILL OPEN TO BROKERS AUGUST 22ND - UNTIL THAT DATE THE PROCESS WILL ONLY BE OPEN TO PRINCIPALS DIRECT - NO BROKER SIGNED CONFIDENTIALITY AGREEMENTS WILL BE ACCEPTED Property Website: www.AztecKendall.com