Listing Summary
Miami International Airport Development Opportunity: 43,168 SF of Land
Full Description
Rare Development Opportunity Near Miami International Airport
ONE Sotheby's is pleased to exclusively present a prime 43,168-square-foot development lot near the Miami International Airport (MIA). This is a versatile opportunity for developers to build a variety of projects, including a hotel, multifamily residential building, self-storage facility, or warehouse.
The property is zoned PLMUC (Palmer Lake Metropolitan Urban Center), which allows for high-density, mixed-use development. With no Floor Area Ratio (FAR) restrictions, you have the flexibility to maximize the site's potential.
Shovel-Ready Hotel Development
This site is a rare, shovel-ready hotel development opportunity. The current zoning permits up to 375 hotel units per acre, which allows for the creation of approximately 170 spacious guest rooms. Located next to the Miami Intermodal Center (MIC), a major transportation hub, this is an ideal location to capitalize on the growing demand from travelers.
Alternative Development Options
The PLMUC zoning provides a wide range of alternative development possibilities:
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Multifamily: Build up to 250 residential units per acre.
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Commercial/Retail: Develop retail space to serve the growing area.
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Industrial/Warehouse: Create a warehouse or self-storage facility to meet local demand.
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Parking Garage: Construct a parking garage for rental car companies or airport use.
Quick Glance
- Listing ID:
CL-Florida-26324
- Status:
Active
- Year Build:
N/A
- Building Size:
N/A
- Lot Size:
43,168.00 Acre