Metronomic plans apartment projects in Little Havana and North Bay Village
Developer paid $1.65M for two Little Havana sites for boutique rental buildings
Developer Ricky Trinidad closed on the land for three residential projects in Little Havana and North Bay Village.
In Little Havana, Trinidad’s Metronomic Inc. bought a 7,200-square-foot lot at 620 and 622 Beacom Boulevard for TriniSuites Dos y Medio, a five-story, 20-unit rental building next to Miami Dade College’s InterAmerican Campus, according to a release. The firm recently paid $900,000 for the site, a source said.
The project is part of a seven-building development Metronomic is building in Little Havana. It recently broke ground on the third building, TriniSuites Calle Ocho. They’re expected to be completed by the first quarter of next year. The majority of the units at TriniSuites Calle Ocho will be studios ranging from 536 square feet to 688 square feet, plus four one-bedroom, 816-square-foot units.
Metronomic also acquired the 10,605-square-foot site at 2551 Southwest Ninth Street to build Maximo Gomex Apartments, a two-story, eight-unit rental building with units ranging from 640 square feet to 928 square feet and 11 parking spaces. The developer expects to break ground by the second quarter of this year. Metronomic paid $750,000 for that property.
Miguel Pinto and Tatiana Escobar of APEX Capital Realty brokered the land sales in Little Havana.
In North Bay Village, Metronomic closed on the nearly 14,000-square-foot site of Metronomic Place Dos, a planned five-story, 20-unit rental building at 880 and 7890 Northeast Bayshore Court. That project will have studios and two-story studio lofts ranging from 890 square feet to 1,255 square feet. Amenities will include a lobby, gym, business center, amenity deck with a dog park and penthouse terrace.
The North Bay Village rental building is also expected to break ground by the second quarter of this year.
Metronomic is also working on residential and mixed-use projects in Coconut Grove. The company is under contract to purchase a large assemblage in the West Grove where it’s planning Grand Plaza, a $74 million, mixed-use project on 12 lots at 3280 to 3461 Grand Avenue.