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Investment Highlights

  • Excellent Location
  • Strong Rental Market
  • Strong Demographics
  • Build-Out & Amenities
  • Miami Dade MSA Amenities

Executive Summary

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.

Property Facts

Price $20,441,759 CAD
Price Per Unit $567,827 CAD
Sale Type Investment
No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.83 AC
Building Size 35,868 SF
No. Stories 3
Year Built 2026
Parking Ratio 1.03/1,000 SF
Zoning MF - Apartments
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
30-6007-003-0160
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,044,874 CAD
  • Listing ID: 39915204

  • Date on Market: 2026-03-26

  • Last Updated:

  • Address: 11451 216th st, Miami, FL 33170

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