South Florida
2189 NW 20th St, Miami, FL 33142
Details
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Status:
Active
Size: 0.91 Acres (3,687 m2)
Price: $12,087,912/Acre ($2,983/m2)
Type: Land
MLS Number: A11803159
On Site: 75 Days
Updated: 75 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: 20
- 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
Price History
05/14/2025
Date
Listed
Event
$11M
Price
$277 ft2 / $2,983 m2
Price Per
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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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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