2189 NW 20th St, Miami, Florida 33142
MLS#: A11803159
$11,000,000 USD
Listed By First Service Realty ERA
The Commercial Property for Sale located at Miami, Florida 33142 is currently for sale. Miami, Florida 33142 is listed for $11,000,000. If the property located at Miami, Florida 33142 isn't what you're looking for, visit https://www.sfpropertysearch.com to see other Commercial Properties for Sale in Miami .
Date Updated : May 29, 2025
Property features
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.
Location
All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.