Assemblage of 3 parcels totaling 0.
| Website: | https://www.nestseekers.com/4516684 |
|---|---|
| Address: | Miami, FL 33142 |
| Ownership: | Corporation |
|---|---|
| Type: | Unknown |
| Lot Size: | 0.9 Acres |
Financials
Price:$11,000,000
Annual Taxes:$32,348
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.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11803159
Amenities
- ElectricityAvailable
- SewerAvailable
- WaterAvailable
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1 305-203-4555 Fax: +1 305-675-0745 | |
| Listing Courtesy of First Service Realty ERA | |