9202 84th ave
Miami, FL 33156 Downtown Kendall

Exceptional opportunity to acquire Cape Summit, an approximately ±1.75 gross-acre assemblage currently improved with three single-family residences that is being advanced through the Miami-Dade County entitlement process for a proposed 79-unit multifamily residential community.

This offering represents far more than a land acquisition. It provides the opportunity to acquire a project that has already benefited from significant planning, architectural design, engineering coordination, and land use analysis, allowing a purchaser to continue an advanced entitlement process rather than beginning from the initial stages.

The proposed development is based on applicable County land use policies permitting 36 residential units per gross acre, together with the County's Workforce Housing density incentive program, which includes approximately 8 workforce housing units, resulting in a proposed development of approximately 79 residential units.

The current development concept features thoughtfully designed three-story residential buildings with approximately 81 surface parking spaces. Although the proposed zoning classification may permit greater building height, the development team has voluntarily limited the project to three stories to enhance compatibility with the surrounding single-family neighborhood and support the public approval process.

Significant pre-development work has already been completed, including conceptual site planning, architectural floor plans, building elevations, preliminary engineering coordination, land use analysis, pre-application meetings with Miami-Dade County, and coordination with County reviewing departments. A professional traffic study is currently underway as part of the ongoing entitlement process.