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- LoopNet Team
10993 SW 183rd Ter
Miami, FL 33157
Eureka Point Gardens - Development Site · Land For Sale
·
1.83 AC
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 1.83 AC |
| Property Subtype | Commercial | ||
| Zoning | 9000 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.83 AC |
| Zoning | 9000 |
DESCRIPTION
The site is at the northeast corner of Eureka Drive (aka SW 184th Street) and SW 110th Avenue. Eureka Drive is an exit on the Florida Turnpike, which is about ¼ mile west of the subject site. The Florida Turnpike at Eureka Drive is traveled by more than 170,000 vehicles per day. Easy access to the Turnpike further enhances accessibility for tenants working in Dade, Broward and Monroe Counties. US-1, about 1.25 miles to the east, is one of the most heavily trafficked north/south thoroughfares in all of Miami-Dade county with more than 50,000 vehicles per day. The South Miami-Dade Busway is also about 1.25 miles to the east and runs parallel to US-1. The Busway offers the future tenants of the Eureka Point Gardens easy access to the Metro Rail’s Dadeland station about 6.5 miles north, making it a viable residence for tenants that work in Miami’s urban core. The area is growing rapidly with two of the most recent commercial additions being a brand new WAWA station 2 blocks over and a brand new Lincoln dealership built on SW 186th Street and the Turnpike. As Miami-Dade continues to grow, so does demand for multifamily. In the immediate area, two Class-A multifamily complexes were recently completed; the 271-unit Palmetto Station and the 213-unit Soleste Village and a third is in the planning stages, the 269-unit Eureka Residences about 1.25 miles east of the subject. In addition to excellent access to jobs in and out-side the immediate area, the site is ideally situated in close proximity to numerous other employers such as Assurant, Racetrack, NAPA, Fresco y Mas, Publix, Wal-greens, Home Depot, City Furniture and Bank of America to name a few. All of these complexes are capitalizing on the ample access to local employers highways and busways; as will the 58-units at Eureka Point Gardens. The Eureka Point Gardens site offers developers an exciting opportunity a desirable 3-story garden style project in a densely populated and growing area.
