Land in Miami, FL 33142
2189 NW 20th St

OFF MARKET

$11,000,000

Estimate Payment $58,318 Closing Costs

Beds

0.91

Acre

$12,087,912

$/Acre

LandProperty Type

0.91 AcresLot Size

$12,087,912/AcrePrice per acre

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.

Listing Courtesy Of: First Service Realty ERA

Local Realty Services Provided By: Best of Luxury Realty

On Site: 521 DaysUpdated: 207 Days agoPage Views: 0

All features

Property SqFt: 39691
Remarks: 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.
REO: CorporateListing
Internet Remarks: 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.
Waterfront: No info
Days on Market: 334
Compass Point: NW
Office Name: First Service Realty ERA
Area: 39691
Taxes: 32348
Tax Year: 2024
Listing Date: 2025-05-28T17:29:03.000-00:00
Lot Size Square Feet: 39691