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.
First Service Realty ERA
Features & Details
Learn about the features and details of 2189 NW 20th St
Property Details
Property Type
MultiFamily
Living Area
-
Year Built
Year Built
Lot Size
39,691 sqft
Stories
-
Annual Tax
$32,348.00
List Date
5/8/2025
Updated
9/30/2025
Last Checked
Recent
MLS Number
#A11803159
Brokerage
First Service Realty ERA
Postal Code
33142
Area
Miami-Dade
City
Miami
Additional Property Features
Occupancy
Available
List Price
$11,000,000.00
Unit Number
-
Construction
Construction
Heating
Heating
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
No
Elevator
No
Locker
No
Swimming Pool
No
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2024
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
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Price history
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Mortgage Calculator
Estimate monthly payments for 2189 NW 20th St
$0
20.0%
$11,000,000
1%
5.25%
10%
25 Years
Monthly
Estimated Monthly Payment
$52,734
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Cash Flow Analysis
Mortgage Payment:
$52,733.8
Monthly Payment:
$55,429.47
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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Discover this exceptional multifamily in the heart of Miami. Offered at $11,000,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
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