Overview Existing Conditions
Section Three · Deliverable

Existing Conditions

The physical, economic, and regulatory baseline of the ~238-acre study area — the foundation the CRA Plan is built on. Delivered

3Economic snapshot

A high-income, transit-rich district with pockets of disinvestment

12,073Citywide population (2023)Median age 39.9
$88,313Median household income▲ +12% YoY
$736,900Median property value▲ +6.4% YoY
11.5%Poverty rateBelow state avg
The redevelopment context

South Miami pairs above-average incomes and a Metrorail-anchored downtown with aging housing, elevated commercial vacancy on Sunset Drive and U.S. 1, and concentrated code and safety concerns in parts of the district. The CRA is the tool to direct reinvestment where it’s needed while protecting long-standing residents and businesses.

South Miami CRA within the city and region
The CRA within South Miami — anchored by the Metrorail Station, between Coral Gables and the University of Miami. Source: BusinessFlare® / Esri.

Location & connectivity: the ~238-acre area is anchored by the South Miami Metrorail Station and sits directly in the path of The Underline Phase 3, a 10-mile linear park and mobility corridor beneath the Metrorail, with high-traffic access along Sunset Drive and U.S. 1 (S. Dixie Highway).

Zoning & land use: most of the area is within the Transit Supportive Development District (TSDD) and the Hometown District Overlay, encouraging walkable, higher-density, mixed-use infill near transit — including the Downtown SoMi designation over the ~10-acre Sunset Place tract, the largest contiguous development site in the City.

Redevelopment momentum: the district is seeing significant investment — $300M+ tied to City Hall redevelopment, and major projects including Avalon, the Shops at Sunset Place transformation, and SoMi Parc (578 mixed-income units planned).

Source: Existing Conditions — South Miami CRA (BusinessFlare®) & the 2025 CRA Plan background analysis.