Miami, FL 33142

Property

Ownership: Corporation
Type: Unknown
Pets: No Pets Allowed
Lot Size: 0.91 Acres

Financials

Price:$11,000,000
Annual Taxes:$32,348
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of First Service Realty ERA

Assemblage of 3 parcels totaling 0.

Description

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.

Amenities

  • ElectricityAvailable
  • SewerAvailable
  • WaterAvailable

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.