This is the large undeveloped property adjacent to Kings Bay on the south side. It is currently zoned E1(one house per acre) slated for development which could impact the quality-of-life in the area. LUXCOM, the current owner, has been involved in several lawsuits with The Village of Palmetto Bay regarding zoning that increases density and land use issues.
NEW UPDATES!
Monday, September 28th 2026 LUXCOM Workshop and Rezoning Ordinance (below).
from March 4th PB Zoning Hearing
JAN 2019
Property sold to Oscar Barbara / Luxcom, a Coral Gables developer, for $33 Million DEC 2018. Current effort is underway to increase density zoning to allow upwards of 300+ homes, townhomes and condos.
Advertisement from the FPL website.
In the early part of 2014 FPL began marketing the Cutler Power Plant eventually listing it for $40 million dollars. FPL is currently reviewing proposals and has stopped advertising.
. . . more video from the neighborhood.
Florida Power & Light imploded the outdated power plant just south of Kings Bay on Saturday August 10th 2013 at 7AM. Many residents had gathered to witness the dramatic new vista first hand.
WPLG Channel 10 Miami
Channel 10 had a helicopter over head during the implosion.