AIRPORT VILLAS LOCATION OVERVIEW

Located in the heart of Miami, Airport Villas Apartments is positioned as one of the most desirable rental buildings in the Miami-Airport submarket. The property is located adjacent to the Miami International Airport and just west of Le Jeune Road (SW 42nd Avenue). This is a rare opportunity to acquire a fee simple asset adjacent to an international airport.

Airport Villas Apartments offers convenient access to major traffic arteries such as the Dolphin Expressway (836), the Palmetto Expressway (826), the Airport Expressway (112), and Interstate 95. Moreover, Le Jeune Road and Okeechobee Road are within short driving distance and generate most of the commercial activity in the area.

Airport Villas Apartments is close to major Miami entertainment locations. The Brickell and Downtown areas, the city of Doral, and the city of Coral Gables are all within a 10-minute drive. Major employers are also a short commute from the property and include Miami International Airport, Miami-Dade College Medical Center, Baptist Health of South Florida, The University of Miami, Carnival Cruise Lines, Royal Caribbean Cruises, and Florida International University. Major tourist destinations such as The Dolphin Mall, The Mall of the Americas, and Miami International Mall are within short driving distance as well.

The main terminal for Miami International Airport (also known as MIA) is situated just five minutes away from the property. MIA is the leader in international freight and the world’s largest gateway to Latin America and the Caribbean servicing over 60 passenger airlines and 38 cargo and freight airlines. Over 387,581 flights carrying 39.5 million passengers travel through and around MIA every year and the airport is in the process of major expansion.

Miami International Airport (MIA) and the general Aviation Airport’s annual economic impact is $32.8 billion. MIA and related aviation industries contribute 272,395 jobs directly and indirectly to the local economy, which equates to one out of every 4.1 jobs. Miami International Airport was ranked as the best mega airport for passenger satisfaction in the eastern U.S. and Florida by J.D. Power. On a 1,000-point scale, MIA achieved a score of 801 – second among mega airports in North America only to Phoenix Sky Harbor International Airport, which earned a score of 805. Mega airports are those with 33 million or more passengers per year - the busiest airports in the study. MIA was able to jump from 11th place in last year’s study to 2nd place overall in North America while serving a record-high 46 million passengers in 2019 – an increase of nearly one million passengers over the previous year.

The close proximity to MIA translates into a competitive advantage for Airport Villas Apartments, since it serves as a perfect location for airport employees and pilots on both a short or long-term basis.

Miami International Airport

Future Site Of Miami Freedom Park

Blue Lagoon Office Market

Miami-Dade College Medical Center

Located in the heart of the Miami Health District, the Medical Campus is home to state-of-the-art facilities and more than 20 educational options, including bachelor’s degree programs and training certificates.