Coastland Construction, an affiliate of Coastland Residential, has broken ground on The Addison in Palmetto Bay, a residential development in Miami-Dade County. Per the South Florida Business Journal, the rental community will offer 83 units spread across 13 two- and three-story buildings.
Floorplans include three-bedroom and four-bedroom options. They come with integrated smart home technology, garages, and hurricane-grade building materials. Coastland Construction’s website notes that communal amenities will include a dog park, on-site Amazon lockers, and recreational green space.
The Miami-based developer notes that The Addison in Palmetto Bay “makes multi-generational living easy,” as ground floor bedrooms come with attached bathrooms. As noted, the 83-unit community is under construction, with completion planned for September/October 2024.
Google Earth’s most recent renderings show some residential buildings on the build site. These will likely be demolished to make way for new construction. The Addison in Palmetto will likely be at-market-rate units, although this hasn’t been officially confirmed by our sources.
Per Rentcafé, the average rent for a 797-square-foot apartment in Palmetto Bay was $1,922 a month. The Addison in Palmetto Bay is unfolding at 18185 SW 98th Avenue, Palmetto Bay, FL, 33157, in Miami-Dade County. It will be east of the Ronald Reagan Turnpike and south of Palmetto Bay Park.