Assemblage of 3 parcels totaling 0.91 acres (39,691 SF) in Allapattah CRA. Zoned T6-8-O and D1 with Live Local Act override – no zoning amendment needed. Conceptual 220-unit multifamily plan qualifies for 4% LIHTC, 30% QCT basis boost, 85% property-tax exemption, and $12-15M in soft-loan gap funding (SAIL + surtax). Located on hard corner with paved road access, near hospitals, transit, and employers. Sale includes plan, financial model, and investor package. Ideal for LIHTC developers, syndicators, or CRA-aligned institutions. See Attachment for development-cost terms and illustrative model disclaimer.
Property Details
Price:
$11,000,000
MLS #:
A11803159
Status:
Active
Beds:
0
Baths:
0
Address:
2189 NW 20th St
Type:
Single Family
Subtype:
Income/MultiFamily
Subdivision:
ALEXANDER COURT
Neighborhood:
Alexander Court
City:
Miami
Listed Date:
May 8, 2025
State:
FL
ZIP:
33142
Lot Size:
39,691 sqft / 0.91 acres (approx)
Schools
Interior
Exterior
Financial
Tax Year
2024
Taxes
$32,348
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