Avalon Bay Planning Apartments, Retail in South Miami

Avalon Bay Planning Apartments, Retail in South Miami
News| July 8, 2026| Mike Boyd
Florida & Gulf Coast + Apartment Buildings

Avalon Bay Communities purchased a full city block in South Miami, clearing the way for a mixed-use community. AvalonBay acquired the approximately 1.18-acre site from longtime owner Robins Plaza for a base purchase price of $22 million in an off-market transaction.

Cushman & Wakefield’s Virgilio Fernandez represented AvalonBay Communities in the transaction.

Avalon Bay’s newest project, Avalon South Miami II, is a planned 16-story mixed-use community with 251 apartments ranging from studios to three-bedroom units, approximately 17,713 square feet of ground-floor commercial space, a sixth-floor pool, a rooftop lounge and 394 parking spaces. The project was designed by Corwil Architects.

In October 2024, the City Commission unanimously approved the redevelopment of the nearby Shops at Sunset Place into a 1.47-million-square-foot urban village with 1,513 residences, a 287-key hotel, a 1,300-seat theater and towers rising as high as 33 stories, designed by Heatherwick Studio.

Other News

JLL Arranges Financing for Lightstone Acquisition on Upper West Side

New York & Tri-State + Apartment Buildings

JLL Capital Markets arranged acquisition financing for Lightstone’s purchase of 323 W. 96th St., a 174-unit multifamily property on Manhattan’s Upper West Side. Senior managing director Peter Rotchford and managing director Michael Shmuely worked on behalf of Lightstone to secure the financing from MF1, a wholly owned subsidiary of Berkshire Residential Investments. Lightstone is acquiring...

Learn more

National City Investment Group Commences Workforce Housing Build

California & West + Apartment Buildings

The National City Investment Group, a locally owned, privately held real estate investment company, recently broke ground on Market View, a 120-unit multifamily residential community located at 303 Highland Ave. in National City. The development will transform an underutilized parking lot adjacent to Manolo Farmers Market, which has served National City for more than 33...

Learn more

Levin Johnston Closes Apartment Sale in One of San Jose’s Strongest Submarkets

California & West + Apartment Buildings

 Levin Johnston of Marcus & Millichap recently completed the sale of First Street Manor, a 39-unit apartment community in San Jose. Executive managing directors Adam Levin and Robert Johnston, along with senior director, investments Cole Simpson, represented the seller and procured the buyer in the $9.112-million transaction. The Levin Johnston team demonstrated the asset’s upside...

Learn more
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up