Prime commercial pad site adjacent to an active shopping center, offering excellent visibility in the highly supply-constrained Florida Keys market. This recently cleared 0.556± AC parcel is commercially zoned and positioned with direct frontage on FL SR A1A (Overseas Highway) — the primary thoroughfare for the entire Keys community. The site sees 33,000± AADT and benefits from convenient ingress/egress access, plus a dedicated left-turn lane for eastbound traffic on A1A / US-1 / Overseas Highway — enhancing accessibility for future development. Ideal for build-to-suit or ground lease opportunities in a market defined by land scarcity and high barriers to entry.
Highlights
0.556±AC Site with Excellent Visibility & Direct Frontage to A1A/US-1 (Overseas HWY) in High Barrier-to-Entry Market
Site Zoned to Accommodate a Broad Range of Retail & Commercial uses in High-Demand South Florida Market
Recently Cleared Lot 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 Adjacent to a Shopping Plaza with Easy Access and Dedicated Turning Lane from A1A
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.
