Miami-Dade County has announced the launch of Metro Express, the region’s first Bus Rapid Transit system — and the longest fully electric BRT line in the United States. The project was made possible through a $100 million investment from local, state, and federal partners.

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At full build-out, Midtown Park will feature six towers, including four residential buildings and two office structures.

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This sale marks a lucrative exit for the sellers, who bought the tower about seven years ago for $248.5 million.

Once known more for agriculture than housing, the Homestead area and surrounding parts of South Dade. are seeing a surge in development activity as land availability in Miami-Dade County continues to shrink.

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The 5,875-square-foot building, constructed in 2014 on a 5,000-square-foot lot, previously sold for $21.5 million in 2016, reflecting a solid gain in value.