Eureka Residences is a development site that allows for up to 371 multifamily units on approximately 2.44 acres. The site is at the southwest corner of Eureka Drive (aka SW 184th Street) and Homestead Avenue. US-1, about 900’ to the east, is one of the most heavily trafficked north/south thoroughfares in all of Miami-Dade county. The South Miami-Dade Busway is about 400’ to the east and runs parallel to US-1. The Busway offers the future tenants of the Eureka Residences easy ac-cess 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. 1 mile west on Eureka Drive is an on-off ramp to the Florida Turnpike; further enhancing accessibility for tenants working in Dade, Broward and Monroe Counties. In addition to excellent access to jobs in and outside the immediate area, the site is ideally situated in close proximity to numerous other employers such as Publix (walking distance), Walgreens, Home Depot, City Furniture and Bank of America to name a few. The 2.44 acre site was recently rezoned, calling for a minimum of 3 and a maximum of 15 stories and a max density of 371 units. The Eureka Residences site offers developers an exciting opportunity with a critical mass of units in a densely populated and growing area. This point is accented by the two new A-Class apartment building rentals just to east of the property; the 271-unit Palmetto Station (currently in lease up) and the 200-unit Soleste Village (already topped off).
