In 2019, Absolut Financial Resources purchased a parcel of land for $4.86 million. Now, within 18 months, its latest project will come to fruition. Madison Point is a $36 million complex that boasts “affordable living” for those living in Miami-Dade County.
Upon completion, Madison Point will offer 263 units in a four-story development. In addition to its living quarters, it will host 14,000 square feet of retail space. As of right now, there is no information regarding what businesses will occupy that space.
The apartments have three layouts to choose from. The smallest units are 598 square feet with one bedroom and one bathroom. There are 60 of these units.
The mid-size units are two bedrooms and one bathroom, measuring about 822 square feet. There are 188 of these units. Finally, the largest units will be 1,086 square feet with three bedrooms and two bathrooms. There will be 15 of these units.
The mid-rise building will host 182 parking spots, with seven being set aside for handicapped individuals. Per the South Florida Business Journal, its physical location is on the southeast corner of South Dixie Highway and Southwest 26th Street. Madison Pointe will be located in Miami-Dade County. It will be completed sometime in either 2022 or 2023.