The hot new commute for Miami billionaires costs $1,000 a minute

The hot new commute for Miami billionaires costs $1,000 a minute

Business Insider business

Key Points:

  • Ultrawealthy homebuyers in South Florida are using helicopter travel and floating helipads to save time amid worsening Miami traffic, with trips costing around $1,000 per minute excluding the helicopter.
  • ILandMiami, founded in 2016, offers aquatic mobile helipads (MUVs) certified by the Coast Guard, allowing quick helicopter landings near private waterfront properties, significantly reducing travel time for billionaires.
  • The service launched in January 2023 and caters primarily to high-profile clients such as Mark Zuckerberg and Jeff Bezos, who seek privacy, security, and convenience for accessing their Miami estates.
  • ILandMiami handles about 20 flights monthly, mostly for personal or chartered helicopters, charging $4,000 to $4,500 per landing, and is gaining traction through referrals and luxury real estate marketing partnerships.
  • With Miami approved for testing eVTOL flying taxis, ILandMiami anticipates increased air traffic and business opportunities, while persistent city traffic congestion continues to drive demand for alternative transportation solutions.

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