Listing Summary
An extraordinary commercial real estate acquisition opportunity in South Miami-Dade County: the K2 Goulds Apartments site, an approx. 3.43-acre transit-oriented land assembly strategically located at the intersection of US-1 and the South Dade Bus Rapid Transit (BRT) corridor. Offered for sale at $7,600,000, this prime land asset features two distinct development pathways: an architect-stamped submitted site plan for a 238-unit, 12-story residential tower (approx. $31,932 per buildable door), or a Live Local Act high-density path unlocking up to approx. 500 to 900 total units (approx. $15,200 per door). Positioned directly adjacent to a 24/7 BRT transit station with major parking reduction eligibility, low agricultural carry costs, and holding income from a month-to-month nursery tenant, this site is engineered for immediate developer execution.
Full Description
Strategic South Dade Transit-Oriented Location
Positioned directly along US-1 and the South Dade Transitway, the K2 Goulds Apartments site sits in the center of one of Miami-Dade County's fastest-growing residential submarkets. The site directly corners a dedicated Bus Rapid Transit (BRT) station operating continuous 24/7/365 service, providing future residents with rapid, congestion-free commutes north to the Dadeland South Metrorail station, Downtown Miami, and major regional employment districts.
Pathway 1: Submitted 238-Unit Site Plan (Entitlement Head Start)
For developers seeking rapid execution, the property includes a fully architect-stamped site plan already submitted to Miami-Dade County authorities. Designed specifically for the area's strong workforce housing demand, the proposed 12-story residential tower features a balanced mix of 52 one-bedroom, 139 two-bedroom, and 47 three-bedroom apartments, supported by a 378-space on-grade parking deck. Utilizing this pre-submitted plan bypasses an estimated 12 to 18 months of initial design and municipal review while saving approx. $200,000 to $300,000 in pre-development soft costs.
Quick Glance
- Listing ID:
CL-Florida-28863
- Status:
Active
- Year Build:
N/A
- Building Size:
N/A
- Lot Size:
3.43 Acr
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Additional Contacts
Coral Gables Multifamily
Christopher Canizares
(786) 862-8247
Owner
Carlos Fausto Miranda
(305) 431-2258