ORLANDO INDUSTRIAL7.2%+0.4%
MIAMI MULTIFAMILY$3,420+1.2%
TAMPA RETAIL4.8%-0.2%
US-192 CORRIDOR$340/SF+4.1%
30Y FIXED MORTGAGE6.72%-0.08%
FED PROBABILITY (PAUSE)92%+2%
ORLANDO INDUSTRIAL7.2%+0.4%
MIAMI MULTIFAMILY$3,420+1.2%
TAMPA RETAIL4.8%-0.2%
US-192 CORRIDOR$340/SF+4.1%
30Y FIXED MORTGAGE6.72%-0.08%
FED PROBABILITY (PAUSE)92%+2%
ORLANDO INDUSTRIAL7.2%+0.4%
MIAMI MULTIFAMILY$3,420+1.2%
TAMPA RETAIL4.8%-0.2%
US-192 CORRIDOR$340/SF+4.1%
30Y FIXED MORTGAGE6.72%-0.08%
FED PROBABILITY (PAUSE)92%+2%

How does the Live Local Act affect industrial properties in this corridor?

The Florida Live Local Act (SB 102, 2023, amended 2024 and 2025) allows developers to build high-density multifamily by-right on commercially or industrially zoned land when 40% of units are affordable for 30 years. This creates potential conversion pressure on OCP and 33rd Street parcels — particularly those with underutilized FAR. For 3–5 year value-add investors, this risk is low — the time horizon for LLA conversions to materially impact is 7–15 years. For permanent-hold core investors, adjacent conversions represent a mixed signal that warrants monitoring rather than underwriting against in the near term.