The Gardens at Cutler Bay by BlueNest
Multifamily | 36 Units | $411,111/unit
Marketing description
Horvath & Tremblay is pleased to present the exclusive sale of The Gardens at Cutler Bay by BlueNest, a new construction multi-family investment property located at 11451 SW 216th Street in Miami, Florida (“the Property”). With an anticipated completion date in early 2027, The Gardens at Cutler Bay by BlueNest will be a three-story multi-family property containing thirty-six (36) residential units comprised of twelve (12), 2-Bedroom/2 Bathroom units and twenty-four (24), 3-Bedroom/2-Bathroom units with 35,868 square feet of living area on a 0.83-acre corner parcel of land. The new construction Property offers an attractive and modern architectural design, large, spacious units with open floor plans, in-unit laundry, private patios or balconies, and condo-quality finishes.
The Gardens at Cutler Bay by BlueNest will also offer thirty-seven (37) on-site parking spaces for residents. The Gardens at Cutler Bay by BlueNest is situated in an excellent location on a residential street in Miami’s Goulds neighborhood. The Property is 0.2 miles from S Dixie Highway (US Route 1) and 1 mile from the Florida Turnpike, both of which offer outstanding regional connectivity throughout Miami and to the broader South Florida market. The Property enjoys proximity to an appealing array of retailers, restaurants, bars, and service amenities along US Route 1 and at the Southland Mall, just 1 mile away. The Gardens at Cutler Bay by BlueNest is convenient to the municipal bus line, major roads and offers proximity to major attractions and points of interest in the area including Zoo Miami, Black Point Park & Marina, Homestead Air Reserve Base, Homestead-Miami Motor Speedway, Biscayne Bay, Miami Executive Airport and Downtown Miami.
Investment highlights
EXCELLENT LOCATION
The Gardens at Cutler Bay by BlueNest enjoys an outstanding location at the intersection of SW 216th Street and SW 114th Court in a quiet residential enclave. The Gardens at Cutler Bay by BlueNest is across the street from JL and Enid W Demps Park and is 0.25 miles from S Dixie Highway (US Route 1), the area’s primary commercial and commuter corridor, 1 mile from the Florida Turnpike, and convenient to State Roads 825, 989, 994 and 997, offering strong regional connectivity. The location offers ease of access to area schools, major retailers (Southland Mall, Walmart Supercenter and Target), grocers, restaurants, employment hubs, and public transportation (several bus routes). The Property is close to Monkey Jungle, Zoo Miami, Homestead Air Reserve Base, Miami Executive Airport and the shores of Biscayne Bay.
BUILD-OUT & AMENITIES
The new construction apartment building will be completed in early 2027. The three-story building will feature a modern and attractive architectural design and will offer thirty-seven (37) on-site parking spaces. The new construction apartment building will be completed with condo quality finishes throughout. The units feature open floor plans, kitchens with white cabinets, stone countertops, tile throughout, upgraded bathrooms with high end finishes, in unit laundry hook-ups (washer and dryer), large closets, and brand new, top of-the-line split AC systems, ensuring optimal comfort and energy efficiency year-round. Additionally, each unit features a private patio or balcony and is separately metered for electricity, heat & air-conditioning, hot water and domestic water and sewer.
STRONG RENTAL MARKET
The Property is situated within a strong rental market with proximity to Downtown Miami, Homestead, Kendall, Coral Gables, and numerous prominent area employers and attractions creating high demand and low vacancies.
MIAMI DADE MSA AMENITIES
Miami-Dade is one of the state’s – and the world’s – most popular vacation spots. The trendy nightlife of South Beach and the excitement of the Art Deco District. The bustle of Calle Ocho and the highly caffeinated energy of Little Havana. The plush hotels of Miami Beach and the historic hideaways of Coral Gables. Seemingly endless shopping opportunities in modern, sprawling malls and the quiet, personal attention offered by the family-owned shops of Coconut Grove and many other corners of the region. The lures of deep-sea fishing and golf and tennis, major league football, basketball, hockey and baseball, boat shows and auto racing, art festivals, outdoor food, and wine extravaganzas, an international airport and the world’s busiest cruise port – the Miami area offers all of this – and so much more.
Miami-Dade’s beaches, boating and fishing offer opportunities for year-round recreational pursuits. There are miles of popular beaches along the Atlantic Ocean and Biscayne Bay, from Sunny Isles Beach through Key Biscayne and south to Homestead’s Bayfront Park. Just offshore is Biscayne National Park, and to the west is Everglades National Park, making Miami-Dade one of the only communities in the U.S. to have two of these national treasures. Golf and tennis are among the many other outdoor recreational activities that Miami-Dade residents enjoy year-round. The region also has an extensive network of parks and other recreational facilities, as well as an extensive network of bicycle lanes that run throughout Miami-Dade County.
DEMOGRAPHICS
Over 19,100 people live within 1 mile of the Property and an impressive 142,400+ people live within 3-miles of the Property with an average household income of $101,358. Additionally, there are over 35,900 employees within 3 miles of the Property.
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