409-Unit Affordable Project Approved in Leisure City
Miami-Dade County has approved Magnolia Point Phase 1, a 409-unit fully affordable mixed-use project at 16401 SW 296th Street in Leisure City.
Magnolia Point Phase 1, a 409-unit mixed-use development, has been approved at 16401 SW 296th Street in Leisure City. The six-story project spans 476,183 square feet, with all units designated affordable. Legacy Five Developments is the developer; Palenzuela & Hevia Design Group is the architect.
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The approval marks a change from the project's earlier proposed status, and the address has been formalized from SW 296th Street and Old Dixie Highway to 16401 SW 296th Street. This is the first phase of Magnolia Point.
Amenities include a clubhouse, pool, and playground. Completion is slated for September 30, 2028.
The site sits along the Old Dixie Highway corridor in unincorporated southern Miami-Dade, between Homestead and Cutler Bay, with bus service on SW 296th Street and nearby US-1.
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Project File
Open Project File →- Address
- 16401 SW 296th Street, Leisure City, Miami-Dade County, FL
- Units
- 409
- Floors
- 6
- Sq Ft
- 476,183
- Completion
- Sep 29, 2028
The Project File tracks every fact, change, company, and article we have on this development — approved as of our latest research.