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|Number of units||281|
Jones Lang LaSalle (“JLL”) is pleased to exclusively offer the opportunity to acquire Sophia Square Apartments (the “Property” or “Sophia Square”), a Class A multi-housing community located in the burgeoning city of Homestead in Miami-Dade County, Florida. This newly built, institutional-quality asset is comprised of 281 garden-style units and features a fantastic amenity base as well as top-tier finishes that jointly appeal to today’s highly discerning renter.
- Homestead’s affordability and high standard of living led to a nearly 120% population growth rate between 2000 - 2020 - one of the highest in Florida.
- Homestead remains the most affordable sub market in Miami-Dade County while maintaining 18% YOY rent growth.
- Immediate highway accessibility with the turnpike providing access to major employment markets, world-class retail, schools & healthcare.
- Approximately 1,300 SF of unused common area space that could easily be converted into a fully functional private business center as an extra benefit to residents or even retail space.