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5950 Sunset Dr - The James at SoMi

0.56 Acres of Commercial Land in South Miami, FL 33143

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Investment Highlights

Prime High-Rise Opportunity in South Miami
Robust Market Demand and Rental Growth
Exceptional Economic and Demographic Indicators

Strategic Location with Excellent Accessibility
Favorable Zoning for High-Density Development
Proven Investor Interest and Market Activity

Executive Summary

Call For Offers Due: January 23, 2025
Avison Young is pleased to exclusively offer for sale The James at SoMi (“the Property”), a ±0.56 AC, site plan approved development site with plans for a 236-unit, 21-story transit-oriented mixed-use development proximate to Downtown South Miami and the adjacent South Miami MetroRail Station. Located in one of the best multifamily submarkets in Miami, where rents routinely exceed $5.00 PSF, The James at SOMI is a generational development site poised to have a lasting impact on South Miami’s skyline.

The James at SoMi Flyer

Co-Broker CA- The James at SoMi

Property Facts

Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Proposed Use	Commercial Mixed Use
Property Type	Land	Total Lot Size	0.56 AC

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Mixed Use
Total Lot Size	0.56 AC

1 Lot Available

Lot

Lot Size	0.56 AC

Lot Size	0.56 AC

The James at SoMi is uniquely positioned in one of South Miami’s most coveted, high-barrier-to-entry markets.

Description

The James at SoMi is uniquely positioned in one of South Miami’s most coveted, high-barrier-to-entry markets. Located near major transit routes and in close proximity to South Miami MetroRail station, this site offers unparalleled accessibility and connectivity. With an emerging trend of high-rise developments and ongoing improvements in local governance, this property presents an exceptional opportunity for the development of a landmark multifamily tower.