FOR SALE: Key Biscayne Re-development Land
This group of properties totals 6 plus acres fronting the west side of the Airport Expressway (SR-112) and is currently zoned IU-1 (Miami-Dade County) for Light Industrial use. There is immediate ingress and egress on both directions. Access to27th Avenue, a high volume north-south thoroughfare, is one block away. Connection to I-95 is ninety seconds away. Miami International Airport is two and a half minutes away, Miami Beach is four minutes away.
As you may know, the City of Miami and Miami-Dade County are in a dialogue regarding a process whereby the City of Miami would annex the areas west of 27thAvenue and south of the Airport Expressway (SR-112). This would encompass the Aguirre properties and would make an up zoning change possible.
The property will be marketed as a complete package, including the properties on both the north and south sides of NW 39th Street. With the closure of NW 39th Street the assemblage has a total area of 290,000 SF (6.65 acres).
Current Asking Price is $14,600,000 or $50/SF.