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2189 NW 20th St, Miami, Florida 33142

Active For Sale
$11,000,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 6 in 31 days

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.

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: ALEXANDER COURT
  • Zipcode: 33142
  • Street: 20th St
  • Street Number: 2189
  • Floor Number: 0
  • Longitude: W81° 46' 9.2''
  • Latitude: N25° 47' 41.5''
  • Directions: NW 20th St to NW 22nd Ave. Assemblage spans 2189 NW 20th St, 2192 NW 21st St, and 2053 NW 22nd Ave. Use 2189 NW 20th St for GPS.
  • Street Dir Prefix: NW
  • MLS Area: 31

MLS Addon

  • Association Fee: $0
  • Close Price: $0
  • Insurance Expense: $0
  • Listing Terms: Cash, Other, Conventional, 1031 Exchange
  • Lot Size Dimensions: 39691x39691
  • New Taxes Expense: $0
  • Tax Annual Amount: $32,348
  • Tax Year: 2024
  • Utilities: Electricity Available, Sewer Available, Water Available

Location

Listing Updated: 2025-05-29 15:26:51

  • Property Type : Land
  • Property Sub Type : Multi Family
  • Listing Type : For Sale
  • Listing ID : A11803159
  • Price : $11,000,000
  • View : Garden, Other
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 0
  • Lot Area : 0.91 Acre
  • Listing Status : Active
  • Days On Market : 27
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