Palmetto Golf Club Apartments | 15900 SW 95th Ave
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Features & amenities
Location
The Palmetto Golf Club Apartments is a highly attractive multifamily community located in the Palmetto Estates neighborhood of Miami-Dade County, just west of South Dixie Highway and north of SW 160th Street. Comprising two three-story buildings with a total of 81 rental units, the property offers a mix of 66 one-bedroom units (approximately 630 SF), nine two-bedroom/one-bath units (approximately 708 SF), and six two-bedroom/two-bath units (approximately 795 SF). Constructed in 1968 of concrete block, the community sits on a 2.38-acre site, with water, sewer, gas, and trash removal included in the rent.
The property features gated parking with secured key fob access, two elevators, six laundry rooms, and a sparkling pool with a sun deck and dedicated bathroom facilities. Maintained by the current ownership for nearly 50 years, the property has benefited from close to $1 million in capital improvements, including upgraded electrical systems, roof replacements, pool renovations, paved and striped parking lots, elevator upgrades, and the completion of the 40/10-year recertification in 2018.
Palmetto Golf Club Apartments is ideally situated in a residential neighborhood just south of Pinecrest, with retail amenities nearby, including a Publix-anchored shopping center across the street. The location offers convenient access to major retail, car dealerships, healthcare facilities, office buildings, and other commercial services along South Dixie Highway. Additionally, the South Dade Transit Way is immediately to the east, providing a dedicated bus corridor from Homestead to the Dadeland Tri-Rail Station.
With limited comparable properties of this size in southwest Miami-Dade recently coming to market, Palmetto Golf Club Apartments presents a rare investment opportunity. Historically operating at high occupancy, the asset allows an investor to bring rental rates to market levels and realize further value appreciation while acquiring a well-maintained, long-held property in a densely populated and amenity-rich area.
- Owned by the current owner for nearly 50 years.
- Numerous recent capital improvements completed over the past few years.
- Gated parking with secured entrances.
- Rare acquisition opportunity in Southwest Miami-Dade County.
- Recent upgrades include roofs, electrical systems, elevators, pool, and parking lots.
- Features a pool and sundeck for residents.