Transit-Oriented Multifamily With Approved Site Plan AND High-Density Live Local Upside

Fausto Commercial presents K2 Goulds Apartments, a premier ±3.43-acre transit-oriented development site in South Dade, Florida. Perfectly positioned on the South Dade Bus Rapid Transit (BRT) corridor and US-1, this rare land parcel offers two high-value development pathways in a rapidly appreciating market.

Key Investment Highlights

• Strategic Transit Access: Located at a 24/7 BRT station with frequencies as high as every 7 minutes, the site qualifies for significant parking reductions, maximizing buildable footprint.

• Pathway 1: Entitlement Ready: Features a submitted site plan for a 238-unit, 12-story residential tower (52 one-bed, 139 two-bed, 47 three-bed) with 378 parking spaces. This option saves 12–18 months of planning and $200k+ in pre-development soft costs.

• Pathway 2: Maximize Density: Eligible for Live Local Act application, allowing for significant up-zoning potential—realistically supporting up to 500+ units.

• Low Carrying Costs: Property currently maintains an agricultural tax exemption and a flexible month-to-month nursery tenant, ideal for efficient land-banking.

• Proven Growth Corridor: Neighbors include major projects like Southpoint Vista, the 3,000+ unit Southland Mall redevelopment, and the new Tre Bel project, validating strong local demand for high-density residential.

Financial Summary

• Asking Price: $7,600,000

• Metric: ~$31,932 per buildable unit (Site Plan Option) or ~$15,200 per door (Live Local Option).

This site is an ideal acquisition for developers looking to capitalize on South Dade's transit-oriented transformation.