Coral Gables-based Aconcagua Developers is moving forward with the third and final phase of its Casa Princeton project in Homestead. Upon its completion, the community will host a total of 374 units.
The third phase of Casa Princeton will feature 162 units, including one-bedroom to two-bedroom residences. Floorplans would average about 795 square feet, with the project itself anticipated to require 163,807 square feet of new construction.
Amenities will include but aren’t limited to a swimming pool, fitness center, and dog park and spa. Additionally, residents would have access to an on-site mini market and Amazon lockers.
The venture will measure eights stories. Image by Aconcagua Developers
As noted, this is the final phase of Casa Princeton. The first phase yielded 62 units in 84,466 square feet, while the second phase yielded 374 units in 158,792 square feet. They finished completion in 2024 and 2025, respectively; Aconcagua Developers intends to have the third phase completed by 2027 or 2028, depending on the source.
Casa Princeton Phase III was made possible with the security of a $35 million construction loan. Aconcagua Developers purchased the venture’s 2.7-acre site for $3.6 million in 2024 and started construction shortly thereafter.
Casa Princeton Phase III is slated for 12891, 12883, 12875, and 12867 S.W. 248th Street, Homestead, Florida, 33032, in Miami-Dade County.
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
Be the first to comment on "‘Casa Princeton Phase III’ to Yield 162 Residences at 12867 S.W. 248th Street, Homestead, Florida"