0.91 acres | #A11803159
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.
Property Details
- Utility FeaturesOther Utilities Available, Electricity Available, Sewer Available, Water Available
- Lot DescriptionCentral Business District, City Location, Corner Location, 1-2.5 Acres
- Property SubtypeIncome/MultiFamily
- Sewer InformationPublic Sanitation
- CountyMiami-Dade County
- Utility SourceMunicipal Water
- SubdivisionALEXANDER COURT
- MLS #A11803159
- MLS #A11803159
- Property TypePurchase
- Cost11000000
- Acres0.91
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: Madelin Estupinan (#0698693)
Listing Office: First Service Realty ERA (#IRSF01)
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