A 14-story apartment tower in the Dadeland section of Miami‑Dade County has changed hands for $24 million, keeping the area’s transit-adjacent real estate streak very much alive. The property, known as Green House at Dadeland, sits just steps from the Dadeland Metrorail stations and Dadeland Mall, putting it squarely in the middle of one of South Florida’s most watched multifamily corridors.
Deal details
According to the South Florida Business Journal, the 14-story building sold for $24 million on June 3, 2026. The outlet notes that the tower sits by a busy public transit hub in the Dadeland neighborhood, a detail that helps explain why investors keep circling the area.
About the building
The complex lists its address as 8440 S. Dixie Highway and highlights walkable access to Dadeland Mall and the Metrorail on its leasing site, per Green House at Dadeland. Industry data pegs the property at roughly 120 units, with completion in 2005, according to Yardi Matrix.
Why transit matters
Buyers are keen on properties next to the Metrorail, in part because Miami‑Dade County has been prioritizing station-area investment and pedestrian upgrades as a core transit strategy. The county’s 2026 Transit Development Plan calls out station-area reinvestment and transit-oriented development as tools to boost housing and retail around rail stops, according to Miami‑Dade County.
Market context
Regional deal trackers and local outlets show that multifamily trades have stayed active across South Florida this year, keeping demand for rental assets high. Bisnow catalogs recent transactions in its South Florida deal sheet, while The Real Deal has reported on investors’ appetite for rental properties located near transit and major job centers.
What residents might see
At a $24 million sale price and an industry-listed 120 units, the deal implies roughly $200,000 per unit, a simple estimate based on Yardi Matrix data. New ownership often triggers a review of deferred maintenance and capital needs, which can translate into renovations or management changes that tenants may feel over time.
Next steps
The deed and related documents will be recorded in county public records, accessible through the Miami‑Dade property appraiser and clerk portals. We will be watching those filings, along with any new permits tied to 8440 S. Dixie Hwy, for signs of what the new owner has planned.
