Prime commercial development opportunity in the Florida Keys' highly constrained, barrier-to-entry market. This 1.453± acre commercially-zoned assemblage spans three parcels with direct frontage on FL SR A1A (Overseas Highway) — the main artery connecting the entire Florida Keys. The site offers excellent visibility, multiple access points (ingress/egress), and exposure to over 17,000± vehicles per day.
Ideal for build-to-suit or ground lease development, with land scarcity in the area driving strong demand for quality commercial projects.
Highlights
1.453±AC Site with Excellent Visibility in High Barrier-to-Entry Market & Direct Frontage to A1A/US-1 (Overseas HWY)
Site Zoned to Accommodate a Broad Range of Retail & Commercial uses in high-demand South Florida Market
Assemblage of 3-Parcels for Build-to-Suit or Ground-Lease Development
Development Regulations and Limited Land Availability provide for Unique Opportunity for Market-Entry via New Construction
Well Situated with Multiple Points of Access and Surrounded by National Tenants
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
