OFF MARKET
$11,000,000
0.91
AcreStatus
OFF MARKETExpired
Size
0.91 Acres (3,687 m2)
Price
$12,087,912/Acre ($2,983/m2)
Type
Land
MLS Number
A11803159
On Site
474 Days
Updated
160 Days ago
Page Views
0
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.
Features
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
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
05/14/2025
Listed
$11M
$277 ft2
$2,983 m2
05/14/2025
$11M
Event
Listed
Price Per
$277 ft2
$2,983 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Madelin Estupinan • First Service Realty ERA • Buyer Agency Compensation .
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