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OFFERING MEMORANDUM The West Brickell Portfolio 501 SW 4th Ave. Miam i FL 33130
OFFERING MEMORANDUM
The W est Br ick ell Port fo lio 501 SW 4th Ave.Miam i FL 33130
The W est Brickell Port folioCONTENTS
Exclusively Marketed by:
Rafael Ferm oselleDirector305-299-4136
rf@eleven t rust .com
W e ob tained t he follow ing in form at ion above from sources w e believe t o be reliab le. How ever, w e have not verified it s accuracy and m ake no guaran tee, w arran t y or rep resen tat ion about it . It is subm it t ed sub ject t o t he possib ilit y of errors,om issions, change of p rice, ren tal or other cond it ions, p rior sale, lease or financing , or w it hd raw al w it hou t not ice. W e include p roject ions, op in ions, assum pt ions or est im ates for exam p le on ly, and t hey m ay not rep resen t t he curren t or fu tu reperform ance of t he p ropert y. You and your t ax and legal advisors shou ld conduct your ow n invest igat ion of t he p ropert y and t ransact ion .
01 Execut ive Sum m ary Execut ive Sum m ary 5 Un it M ix Sum m ary 6 Locat ion Sum m ary 7
02 Propert y Descrip t ion Propert y Features 9 Aerial Map 10 Propert y Im ages 11
03 Rent Com ps Ren t Com parab les Sum m ary 14 Ren t Com parab les Map 24
04 Sale Com ps Sale Com parab les Sum m ary 26 Sale Com parab les Chart s 31 Sale Com parab les Map 32
05 Rent Roll Ren t Roll Details 34
06 Financial Analysis Incom e & Expense Analysis 36
07 Dem ograph ics Dem ograph ics 38 Dem ograph ic Chart s 39
The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to bereviewed only by the party receiving it from Eleven Trust and it should not be made available to any other person or entity withoutthe written consent of Eleven Trust . By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such informationin the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offeringmemorandum. If you have no interest in the subject property, please promptly return this offering memorandum to Eleven Trust .This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospectivepurchasers, 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. Eleven Trust has not made anyinvestigation, and makes no warranty or representation with respect to the income or expenses for the subject property, the futureprojected financial performance of the property, the size and square footage of the property and improvements, the presence ofabsence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physicalcondition of the improvements thereon, or financial condition or business prospects of any tenant, or any tenant’s plans orintentions to continue its occupancy of the subject property. The information contained in this offering memorandum has been obtained from sources we believe reliable; however, ElevenTrust has not verified, and will not verify, any of the information contained herein, nor has Eleven Trust conducted anyinvestigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy orcompleteness of the information provided. All potential buyers must take appropriate measures to verify all of the information setforth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.
The W est Brickell Port folio Confiden t ialit y and Disclaim er | 03
CONFIDENTIALITY AND DISCLAIMER:
PROPERTY SHOW INGS ARE BY APPOINTMENT ONLY.PLEASE CONTACT ELEVEN TRUST FOR MORE DETAILS.Copyrigh t © 2018 CREOP, LLC. All Righ t s Reserved .
The West B
rickell Portfolio | Executive Sum
mary
Execu t ive Sum m ary
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Un it M ix Sum m ary
Locat ion Sum m ary
The W est Brickell Port folio Execut ive Sum m ary | 05
OFFERING SUMMARYADDRESS 501 SW 4th Ave. M iam i FL 33130COUNTY Miam i-DadeMARKET Miam i-DadeSUBMARKET Lit t le HavanaBUILDING SF 5,120LAND SF 14,775NUMBER OF UNITS 11YEAR BUILT 1954APN 01-0202-080-1080OW NERSHIP TYPE Fee Sim p le
FINANCIAL SUMMARYOFFERING PRICE $1,835,000PRICE PSF $358.40PRICE PER UNIT $166,818OCCUPANCY 98.00 %NOI (CURRENT) $86,009NOI (Pro Form a) $106,330CAP RATE (CURRENT) 4.68 %CAP RATE (Pro Form a) 5.79 %GRM (CURRENT) 12.22GRM (Pro Form a) 10.68
PROPOSED FINANCINGLOAN TYPEDOW N PAYMENT $734,000LOAN AMOUNT $1,101,000INTEREST RATE 4.00 %ANNUAL DEBT SERVICE $63,076LOAN TO VALUE 60 %
DEMOGRAPHICS 1 MILE 3 MILE 5 MILE2016 Popu lat ion 79,881 262,203 499,6742016 Med ian HH Incom e $44,533 $36,753 $37,1412016 Average HH Incom e $72,226 $63,440 $64,359
Eleven t rust is p roud t o p resen t 501 W est Brickell. 501 Sw 4 Avew as bu ilt in 1954, on 14,775 square feet lot , zoned T-4 w it h anad justed bu ild ing square feet of 5,120. The p ropert y has elevenun it s, n ine, one bedroom and one bath apartm ents averag ing500 square feet per un it and tw o, tw o bedroom one bathapartm ents averag ing 650 square feet . The bu ild ings are onestory w it h en t rances on both sides of t he un it . W all un it aircond it ion ing and Jalousie w indow s t h roughout .
Ren ts in t he bu ild ing range from $950 t o $1,250 per m onth .Ut ilit ies such as w ater and w aste rem oval are t he responsib ilit yof t he land lord and elect ricit y is t enan ts responsib ilit y. On-sit epark ing for all un it s and st reet park ing for visit ors. W it h aninvestm ent of $8-10,000 per un it , t he investor m ay upg rade t heun it s and increase ren t s t o $1300 per m onth .
Actual MarketUn it M ix # Un it s Square Feet Curren t Ren t Rent PSF Month ly
Incom eMarket Ren t Market Ren t
PSFMarketIncom e
1 bd / 1 ba 9 450 $1,111 $2.47 $10,000 $1,272 $2.83 $11,4502 bd / 1 ba 2 675 $1,175 $1.74 $2,350 $1,450 $2.15 $2,900
Totals/Averages 11 491 $1,123 $2.34 $12,350 $1,305 $2.70 $14,350
The W est Brickell Port folio Un it M ix Sum m ary | 06
The W est Brickell Port folio Locat ion Sum m ary | 07
W ith a popu lat ion nort h of 76,163 residen t s, Lit t leHavana is t he cen ter of social, cu lt u ral and polit icalact ivit y in M iam i. Hispan ic cu lt u re perm eateseveryth ing in Lit t le Havana - colorfu l m urals,m onum ents t o heroes past and p resen t , elderlym en p laying dom inoes as t hey d iscuss polit ics andcigar rollers deep at w ork am idst Lit t le Havana’sever-p resen t arom a of Cuban cofee. These scenesof daily life in Lit t le Havana p lay ou t am idst abackdrop of pu lsat ing t rad it ional Cuban and Afro-Cuban m usic, st orefron t s, un ique art galleries andquain t t yp ical restauran t s.
Lit t le Havana landm arks include: Calle Ocho, t hem ain d rag of Lit t le Havana, w here fru it st ands, artgalleries, Cuban restauran t s and cigar shops linethe avenue and W alkw ay of t he Stars, w h ich honorsLat in Am erican celebrit ies includ ing Gloria Estefanand Celia Cruz. At Dom ino Park , t here are dailyheated daily dom ino gam es am ong p ract icedlocals. Take a b reak and g rab a show at Tow erTheater, a restored Art Deco t heater and cu lt u ralvenue.
On the last Friday of each m onth , Lit t le Havanahost s Viernes Cu lt u rales, or Cu lt u ral Fridays, am onth ly gallery n igh t show casing t he cu lt u ral art sscene of t he neighborhood . Lit t le Havana ofers ataste of m u lt i-cu lt u ral M iam i at it s best .
Reg ional Map
Locator Map
The West B
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roperty Description
Propert y Descr ip t ion
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Aerial Map
Parcel Map
Add it ional Maps
Propert y Im ag es
The W est Brickell Port folio Propert y Features | 09
Sit e Descrip t ionNUMBER OF UNITS 11BUILDING SF 5,120LAND SF 14,775LAND ACRES 0.34YEAR BUILT 1954# OF PARCELS 1ZONING TYPE T4-RBUILDING CLASS BLOCATION CLASS BNUMBER OF STORIES 1NUMBER OF BUILDINGS 3NUMBER OF PARKING SPACES 13PARKING RATIO 1:1W ASHER/DRYER On-Sit e
FEES & DEPOSITSAPPLICATION FEE $100.00SECURITY DEPOSIT 1 MonthPET FEE $250.00
MECHANICALHVAC W all Un itFIRE SPRINKLERS Sm oke Detector
UTILITIESW ATER Paid By Ow nerTRASH Paid By Ow nerGAS N/AELECTRIC Paid By Tenan tRUBS N/A
CONSTRUCTIONFOUNDATION Concrete SlabFRAMING ConcreteEXTERIOR Concrete Fin ishPARKING SURFACE AsphaltROOF Gab leLANDSCAPING Grass, Trees & Shrubs
The W est Brickell Port folio Aerial Map | 10
The W est Brickell Port folio Propert y Im ages | 11
Kit chen Living Room
Living Room /Kit chen Bedroom
The W est Brickell Port folio Propert y Im ages | 12
Bath room Closet
Bedroom Living Room /Kit chen
The West B
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ent Com
ps
Ren t Com ps
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Ren t Com parab les Map
The W est Brickell Port folio Rent Com parab les Sum m ary | 14
1
461 SW 6th St ., M iam i, FL 33130
Propert y Sum m aryUNITS 10YEAR BUILT 1958
Un it M ix and Rent Schedu leUnit M ix # of Un it s Square Feet Ask ing Rent Rent per SF
1 bd + 1 ba 1 407 $1,050 $2.571 bd + 1 ba 1 407 $1,050 $2.571 bd + 1 ba 1 407 $1,050 $2.571 bd + 1 ba 1 407 $1,000 $2.45Total/Avg 4 407 $1,038 $2.54
Un it M ix Breakdow n
Com parab les Ren t Analysis
1 bd / 1 ba $1,000 - $1,350
LOW HIGH
1 bd / 1 ba $1,000 - $1,350
LOW HIGH
1 bd / 1 ba $1,000 - $1,350
LOW HIGH
1 bd / 1 ba $1,000 - $1,350
LOW HIGH
The W est Brickell Port folio Rent Com parab les Sum m ary | 15
2
469 SW 3rd St ., M iam i, FL 33130
Propert y Sum m aryUNITS 10YEAR BUILT 1960
Un it M ix and Rent Schedu leUnit M ix # of Un it s Square Feet Ask ing Rent Rent per SF
1 bd + 1 ba 1 433 $1,200 $2.77Total/Avg 1 433 $1,200 $2.77
Un it M ix Breakdow n
Com parab les Ren t Analysis
1 bd / 1 ba $1,000 - $1,350
LOW HIGH
The W est Brickell Port folio Rent Com parab les Sum m ary | 16
3
479 SW 3rd St ., M iam i, FL 33130
Propert y Sum m aryUNITS 10YEAR BUILT 1960
Un it M ix and Rent Schedu leUnit M ix # of Un it s Square Feet Ask ing Rent Rent per SF
1 bd + 1 ba 1 433 $1,200 $2.77Total/Avg 1 433 $1,200 $2.77
Un it M ix Breakdow n
Com parab les Ren t Analysis
1 bd / 1 ba $1,000 - $1,350
LOW HIGH
The W est Brickell Port folio Rent Com parab les Sum m ary | 17
4
520 SW 6th St . , M iam i, FL 33130
Propert y Sum m aryUNITS 4YEAR BUILT 1940
Un it M ix and Rent Schedu leUnit M ix # of Un it s Square Feet Ask ing Rent Rent per SF
1 bd + 1 ba 1 677 $1,200 $1.77Total/Avg 1 677 $1,200 $1.77
Un it M ix Breakdow n
Com parab les Ren t Analysis
1 bd / 1 ba $1,000 - $1,350
LOW HIGH
The W est Brickell Port folio Rent Com parab les Sum m ary | 18
5
650 SW 10th St . , M iam i, FL 33130
Propert y Sum m aryUNITS 6YEAR BUILT 1970
Un it M ix and Rent Schedu leUnit M ix # of Un it s Square Feet Ask ing Rent Rent per SF
1 bd + 1 ba 1 650 $1,200 $1.84Total/Avg 1 650 $1,200 $1.84
Un it M ix Breakdow n
Com parab les Ren t Analysis
1 bd / 1 ba $1,000 - $1,350
LOW HIGH
The W est Brickell Port folio Rent Com parab les Sum m ary | 19
6
660 SW 10th St . , M iam i, FL 33130
Propert y Sum m aryUNITS 4YEAR BUILT 1953
Un it M ix and Rent Schedu leUnit M ix # of Un it s Square Feet Ask ing Rent Rent per SF
1 bd + 1 ba 1 578 $1,350 $2.33Total/Avg 1 578 $1,350 $2.33
Un it M ix Breakdow n
Com parab les Ren t Analysis
1 bd / 1 ba $1,000 - $1,350
LOW HIGH
The W est Brickell Port folio Rent Com parab les Sum m ary | 20
7
191 SW 12th St ., M iam i, FL 33130
Propert y Sum m aryUNITS 12YEAR BUILT 1971
Un it M ix and Rent Schedu leUnit M ix # of Un it s Square Feet Ask ing Rent Rent per SF
2 bd + 1 ba 1 851 $1,750 $2.05Total/Avg 1 851 $1,750 $2.05
Un it M ix Breakdow n
Com parab les Ren t Analysis
2 bd / 1 ba $1,175 - $1,750
LOW HIGH
The W est Brickell Port folio Rent Com parab les Sum m ary | 21
8
458 SW 10th St ., M iam i, FL 33130
Propert y Sum m aryUNITS 6YEAR BUILT 1972
Un it M ix and Rent Schedu leUnit M ix # of Un it s Square Feet Ask ing Rent Rent per SF
2 bd + 1 ba 1 660 $1,395 $2.112 bd + 1 ba 1 660 $1,375 $2.082 bd + 1 ba 1 660 $1,450 $2.19Total/Avg 3 660 $1,407 $2.13
Un it M ix Breakdow n
Com parab les Ren t Analysis
2 bd / 1 ba $1,175 - $1,750
LOW HIGH
2 bd / 1 ba $1,175 - $1,750
LOW HIGH
2 bd / 1 ba $1,175 - $1,750
LOW HIGH
The W est Brickell Port folio Rent Com parab les Sum m ary | 22
9
1100 SW 10th St ., M iam i, FL 33130
Propert y Sum m aryUNITS 2YEAR BUILT 1948
Un it M ix and Rent Schedu leUnit M ix # of Un it s Square Feet Ask ing Rent Rent per SF
2 bd + 1 ba 1 1,243 $1,675 $1.34Total/Avg 1 1,243 $1,675 $1.34
Un it M ix Breakdow n
Com parab les Ren t Analysis
2 bd / 1 ba $1,175 - $1,750
LOW HIGH
The W est Brickell Port folio Rent Com parab les Sum m ary | 23
S
The W est Brickell Port folio501 SW 4th Ave., M iam i, FL 33130
Propert y Sum m aryUNITS 11YEAR BUILT 1954OCCUPANCY 98.00 %
Un it M ix and Rent Schedu leUnit M ix # of Un it s Square Feet Rent Sum m ary Rent per SF
1 bd / 1 ba 9 450 $1,111 $2.472 bd / 1 ba 2 675 $1,175 $1.74
Totals/Averages 11 491 $1,123 $2.34
Un it M ix Breakdow n
Com parab les Ren t Analysis
1 bd / 1 ba $1,000 - $1,350
LOW HIGH
2 bd / 1 ba $1,175 - $1,750
LOW HIGH
The W est Brickell Port folio Rent Com parab les Map | 24
# Address Cit yS 501 SW 4th Ave. Miam i1 660 SW 10th St . M iam i2 650 SW 10th St . M iam i3 520 SW 6th St . M iam i4 479 SW 3rd St . M iam i5 469 SW 3rd St . M iam i6 461 SW 6th St . M iam i7 1100 SW 10th St . M iam i8 458 SW 10th St . M iam i9 191 SW 12th St . M iam i
The West B
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omps
Sale Com ps
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Sale Com parab les Chart s
Sale Com parab les Map
The W est Brickell Port folio Sale Com parab les Sum m ary | 26
1
461 SW 6th St ., M iam i, FL 33130
TOTAL UNITS 10
YEAR BUILT 1958
SALE PRICE $1,150,000
PRICE/UNIT $115,000
PRICE/SF $282.56
CLOSING DATE 7/11/2017
Cap Rate Range
LOW HIGH
Price/Un it Range $115,000 - $210,000
LOW HIGH
DOM Range
LOW HIGH
2
550 SW 7 ST, Miam i, FL 33130
TOTAL UNITS 6
YEAR BUILT 1953
SALE PRICE $972,270
PRICE/UNIT $162,045
PRICE/SF $350.49
CLOSING DATE 6/2/2017
Cap Rate Range
LOW HIGH
Price/Un it Range $115,000 - $210,000
LOW HIGH
DOM Range
LOW HIGH
The W est Brickell Port folio Sale Com parab les Sum m ary | 27
3
570 SW 7 ST, Miam i, FL 33130
TOTAL UNITS 5
YEAR BUILT 1952
SALE PRICE $772,275
PRICE/UNIT $154,455
PRICE/SF $279.20
CLOSING DATE 6/2/2017
Cap Rate Range
LOW HIGH
Price/Un it Range $115,000 - $210,000
LOW HIGH
DOM Range
LOW HIGH
4
553 SW 3rd St ., M iam i, FL 33130
TOTAL UNITS 5
YEAR BUILT 1979
SALE PRICE $855,000
PRICE/UNIT $171,000
PRICE/SF $114.00
CLOSING DATE 2/5/2016
Cap Rate Range
LOW HIGH
Price/Un it Range $115,000 - $210,000
LOW HIGH
DOM Range
LOW HIGH
The W est Brickell Port folio Sale Com parab les Sum m ary | 28
5
921 SW 7th St ., M iam i, FL 33130
TOTAL UNITS 6
YEAR BUILT 1973
SALE PRICE $1,000,000
PRICE/UNIT $166,667
PRICE/SF $133.33
CLOSING DATE 3/30/2017
Cap Rate Range
LOW HIGH
Price/Un it Range $115,000 - $210,000
LOW HIGH
DOM Range
LOW HIGH
6
1918 SW 3rd Ave., M iam i, FL33129
TOTAL UNITS 14
YEAR BUILT 1926
SALE PRICE $2,000,000
PRICE/UNIT $142,857
PRICE/SF $208.38
CLOSING DATE 11/17/2017
Cap Rate Range
LOW HIGH
Price/Un it Range $115,000 - $210,000
LOW HIGH
DOM Range
LOW HIGH
The W est Brickell Port folio Sale Com parab les Sum m ary | 29
7
427 SW 7th St ., M iam i, FL33130
TOTAL UNITS 5
YEAR BUILT 1980
SALE PRICE $1,050,000
PRICE/UNIT $210,000
PRICE/SF $219.71
CLOSING DATE 11/17/2017
Cap Rate Range
LOW HIGH
Price/Un it Range $115,000 - $210,000
LOW HIGH
DOM Range
LOW HIGH
8
369 SW 5th St ., M iam i, FL33130
TOTAL UNITS 8
YEAR BUILT 1956
SALE PRICE $1,125,000
PRICE/UNIT $140,625
PRICE/SF $295.66
CLOSING DATE 11/22/2017
Cap Rate Range
LOW HIGH
Price/Un it Range $115,000 - $210,000
LOW HIGH
DOM Range
LOW HIGH
The W est Brickell Port folio Sale Com parab les Sum m ary | 30
9
610 SW 14th Ave., M iam i, FL33135
TOTAL UNITS 7
YEAR BUILT 2008
SALE PRICE $1,100,000
PRICE/UNIT $157,143
PRICE/SF $154.39
CLOSING DATE 11/22/2017
Cap Rate Range
LOW HIGH
Price/Un it Range $115,000 - $210,000
LOW HIGH
DOM Range
LOW HIGH
S
The W est Brickell Port folio501 SW 4th Ave., M iam i, FL33130
TOTAL UNITS 11
YEAR BUILT 1954
ASKING PRICE $1,835,000
PRICE/UNIT $166,818
PRICE/SF $358.40
CAP RATE 4.68 %
GRM 12.22
OCCUPANCY 98.00 %
Cap Rate Range 4.68 % - 4 .68 %
LOW HIGH
Price/Un it Range $115,000 - $210,000
LOW HIGH
The W est Brickell Port folio Sale Com parab les Chart s | 31
The W est Brickell Port folio Sale Com parab les Map | 32
# Address Cit yS 501 SW 4th Ave. Miam i1 461 SW 6th St . M iam i2 550 SW 7 ST Miam i3 570 SW 7 ST Miam i4 921 SW 7th St . M iam i5 553 SW 3rd St . M iam i6 610 SW 14th Ave. Miam i7 369 SW 5th St . M iam i8 427 SW 7th St . M iam i9 1918 SW 3rd Ave. Miam i
The West B
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ent Roll
Ren t Roll
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The W est Brickell Port folio Rent Roll Details | 34
Un it Square Feet Un it M ix Month ly Rent PSF Market Ren t501-1 450 1 bd / 1 ba $1,150 $2.56 $1,250501-2 450 1 bd / 1 ba $1,150 $2.56 $1,250501-3 675 2 bd / 1 ba $1,050 $1.56 $1,450501-4 675 2 bd / 1 ba $1,300 $1.93 $1,450511-1 450 1 bd / 1 ba $1,100 $2.44 $1,450511-2 450 1 bd / 1 ba $1,100 $2.44 $1,250511-3 450 1 bd / 1 ba $1,100 $2.44 $1,250511-4 450 1 bd / 1 ba $1,100 $2.44 $1,250521-1 450 1 bd / 1 ba $1,150 $2.56 $1,250521-2 450 1 bd / 1 ba $1,050 $2.33 $1,250521-3 450 1 bd / 1 ba $1,100 $2.44 $1,250
Totals/Averages $12,350 $2.34 $14,350
The West B
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nalysis
Financial Analysis
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The W est Brickell Port folio Incom e & Expense Analysis | 36
INCOME CURRENT PRO FORMAGross Poten t ial Ren t $148,200 $169,800
Laundry $2,000 $2,000Gross Poten t ial Incom e $150,200 $171,800
Less: General Vacancy $2,964 $3,396Effect ive Gross Incom e $147,236 $168,404
Less: Expenses $61,227 $62,074Net Operat ing Incom e $86,009 $106,330
Annual Deb t Service $63,076 $63,076
Debt Coverage Rat io 1.36 1.69Cash Flow Aft er Deb t Service $20,182 $40,503
EXPENSES CURRENT PROFORMA
Real Estate Taxes $3,000 $33,000 $3,000 $33,000
Insurance $750 $8,250 $750 $8,250
Managem ent Fee $535 $5,889 $612 $6,736
FPL $109 $1,200 $109 $1,200
Repairs & Main tenance $250 $2,750 $250 $2,750
W ater / Sew er $636 $7,000 $636 $7,000
Landscap ing $82 $900 $82 $900
W aste Services $203 $2,238 $203 $2,238Total Operat ing Expense $5,566 $61,227 $5,643 $62,074
Reserves $250 $2,750 $250 $2,750
Expense / SF $11.95 $12.12
% of EGI 41.58 % 36.86 %
Per Un it Per Un it
REVENUE ALLOCATION
DISTRIBUTION OF EXPENSES
The West B
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emographics
Dem og raph ics
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Dem og raph ic Chart s
The W est Brickell Port folio Dem ograph ics | 38
POPULATION 1 MILE 3 MILE 5 MILE
2000 Popu lat ion 41,356 188,958 408,892
2010 Popu lat ion 59,633 223,701 446,062
2016 Popu lat ion 79,881 262,203 499,674
2021 Popu lat ion 89,332 284,124 534,122
2016 African Am erican 6,685 26,854 88,309
2016 Am erican Ind ian 347 1,090 1,690
2016 Asian 1,653 3,699 6,409
2016 Hispan ic 58,963 203,627 343,540
2016 W hit e 64,397 208,461 367,321
2016 Other Race 4,229 13,788 21,592
2016 Mult iracial 2,559 8,245 14,230
2016-2021: Popu lat ion : Grow th Rate 11.30 % 8.10 % 6.70 %
2016 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE
less t han $15,000 8,374 25,689 45,927
$15,000-$24,999 4,835 15,813 29,986
$25,000-$34,999 3,345 12,573 23,720
$35,000-$49,999 4,143 13,684 26,667
$50,000-$74,999 6,098 16,305 30,606
$75,000-$99,999 3,815 9,289 16,746
$100,000-$149,999 4,292 9,705 17,789
$150,000-$199,999 1,696 3,957 7,284
$200,000 or g reater 2,290 5,332 10,483
Med ian HH Incom e $44,533 $36,753 $37,141
Average HH Incom e $72,226 $63,440 $64,359
HOUSEHOLDS 1 MILE 3 MILE 5 MILE
2000 Total Housing 18,803 81,868 181,849
2010 Total Households 27,736 93,214 185,136
2016 Total Households 38,893 112,352 209,219
2021 Total Households 43,863 122,610 224,087
2016 Average Household Size 2.00 2.28 2.35
2000 Ow ner Occup ied Housing 3,068 21,626 55,521
2000 Renter Occup ied Housing 13,606 51,769 106,019
2016 Ow ner Occup ied Housing 6,295 25,486 58,695
2016 Renter Occup ied Housing 32,598 86,865 150,524
2016 Vacan t Housing 8,608 19,268 37,754
2016 Total Housing 47,501 131,620 246,973
2021 Ow ner Occup ied Housing 6,969 27,157 61,716
2021 Renter Occup ied Housing 36,894 95,452 162,372
2021 Vacan t Housing 8,844 19,866 39,115
2021 Total Housing 52,707 142,476 263,202
2016-2021: Households: Grow th Rate 12.15 % 8.80 % 6.90 %
Source: esri
The W est Brickell Port folio Dem ograph ic Chart s | 39
1 Mile Rad ius 3 Mile Rad ius 5 Mile Rad ius
2016 Household Incom e
1 Mile Rad ius 3 Mile Rad ius 5 Mile Rad ius
2016 Popu lat ion by Race
The W est Brickell Port folio Dem ograph ic Chart s | 40
2016 Household Occupancy - 1 Mile Rad ius
Average Incom e Med ian Incom e
2016 Household Incom e Average and Med ian
The W est Brickell Port folio
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Rafael Ferm oselleDirector305-299-4136
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