Lennar Proposes 119 Single-Family Homes in Homestead

Lennar proposes 119 single-family homes in Homestead, as the flurry of residential development continues in south Miami-Dade County.

The homebuilder wants to build a high-end estates community on a 58-acre vacant site on the southwest corner of Southwest 296th Street and Southwest 192nd Avenue, according to records of the city’s planning applications under review. Lennar is seeking a rezoning of the site from “agricultural” to “one-family, one-half acre estate district,” as well as site plan approval and minor variance requests.

The project will mostly consist of one-story houses, including 2,796-square-foot, three-bedroom homes and 3,083-square-foot, four-bedroom homes, the application shows. Also, the one-story homes will have 3,360-square-foot models with four bedrooms and a study, as well as 3,485-square-foot models with five bedrooms. The application shows only one type of two-story home, which will be 4,416 square feet and have five bedrooms plus a study.

The development site consists of two lots. One lot is owned by an affiliate of Leonard Abess’ ThinkLAB Ventures and the other by an entity tied to Michael Pena, records show. Abess is a former owner of City National Bank of Florida and a philanthropist who has amassed vast landholdings in south Miami-Dade.

Lennar, led by co-CEOs Stuart Miller and Jon Jaffe, is among developers heavily leaning in on south Miami-Dade. The area, which includes the municipalities of Homestead and Florida City, as well as neighborhoods such as Goulds, Naranja and Princeton, has a healthy supply of buildable land that comes at a discount compared to sites in prime South Florida areas.

Lennar paid $16.6 million for a 38.2-acre site at Southwest 162nd Avenue and Southwest 276th Street in Homestead in September, after proposing 105 single-family homes on the site. That came on the heels of Lennar paying $28 million in August for a 59-acre Homestead site at East Palm Drive and Southeast 12th Avenue, after the seller scored approval for a 296-unit townhouse project on the property. In April, the homebuilder also proposed 24 single-family homes on the west side of Southwest 132nd Avenue, roughly between Southwest 188th and 190th streets, near Zoo Miami.

Others seizing on south Miami-Dade include the Haccoun family’s Monceau Real Estate, which proposes a 90-unit workforce rental building on the northwest corner of Southwest 216th Street and Southwest 119th Avenue in Goulds; and Bluenest Development, which paid $12.5 million in October for the site on the southeast corner of Tower Road and Lucy Street in Homestead with plans for 219 townhouses.