Developer Sales

Luxe Dream Garage Miami

Project facts

Status
Pre-Development
Address
17350 NW 94 CT
City
Hialeah, Florida
Region
South Florida
Submarket
Miami; Miami Beach
Units
54
Average unit size
1,200 SF
Amenity tier
Premium
Key amenities
Gated Access & Security, Owners' Clubhouse/Lounge, Climate Control, Concierge Services, 18'+ Clear Heights
Construction
Tilt Wall
Finish level
Luxury
Projected delivery
2028
Flood zone
AE

Location Summary

Site Positioning

LUXE Dream Garage Hialeah sits in the northwest Hialeah industrial corridor at the Miami-Dade to Broward county line, a land-constrained logistics and light-industrial submarket that has become one of the most sought-after in South Florida. The roughly 5.0 acre site (two folios, IU-C zoning) holds immediate access to three of the region's primary corridors: the Palmetto Expressway (SR 826) to the south, the Florida Turnpike to the east, and Okeechobee Road, with Miami International Airport about a twenty minute drive south. That access, plus utilities already onsite, positions the site for a gated car-condo product serving the affluent northwest-county and Miami Lakes ownership base. The parcel carries a FEMA Zone AE flood designation, an SFHA that will require finished-floor elevation and a flood-insurance line in the capital plan.

Local Demand Drivers

Trade-Area Demographics (radius, ACS 2024)

The site's trade area pairs genuine affluence depth with metro-scale population. Within five miles there are 338,004 residents and 115,698 households, a median household income of $78,234, and a median home value of $435,164. Household affluence deepens across the wider rings: 3,568 households earning $200K+ within three miles, 11,802 within five miles, 21,173 within seven miles, and 36,404 within ten miles, with 19.9% of five-mile households earning $150K+ and 10.2% earning $200K+. The area shows a median age of 42.6, a 32.0% share of population aged 55 and older, 60.8% owner-occupancy, and 21.4% of households holding three or more vehicles, a favorable indicator for garage-condo demand. The project carries a portfolio-relative Wealth Index of 7.7 out of 10, among the stronger readings on the SCK platform.

Regional Context (inherited)

South Florida is the wealth-density anchor of the SCK footprint: Florida led all states in wealth in-migration with a net $20.6 billion in adjusted gross income in the latest IRS filing year, and the tri-county market has been reshaped by the "Wall Street South" finance influx, with signature anchors such as Citadel's Brickell headquarters deepening the pool of ultra-high-net-worth, multi-vehicle owners. Defining regional infrastructure includes Miami International Airport's roughly $9 billion modernization (a $1 billion, 17-gate Concourse D expansion) and the privately funded Brightline intercity rail system, both reinforcing the corridor's global-gateway role. The Miami; Miami Beach submarket that contains this site is the top-ranked submarket on the platform, scoring in the 100th wealth percentile of the entire portfolio.

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