Land For Sale • 0.91 AC
We are pleased to offer a turnkey, contiguous three-parcel assemblage totaling 0.91 acres (39,691 SF) in the Allapattah CRA, zoned T6-8-O and D1 with a Live Local Act override-no rezoning required. A conceptual 220-unit mid-rise multifamily plan is included, qualifying for 4% LIHTC with a QCT basis boost and a substantial ad valorem tax abatement, plus $12–15 million of SAIL/surtax gap financing to cover impact fees and entitlement costs. Located on a hard corner with paved frontage along NW 20th St. and NW 1st Ave., the site is steps from Jackson Memorial, the VA Hospital, Miami Children’s Hospital, multiple bus routes, and a planned TOD station, with I-95, Wynwood, Midtown, and Brickell minutes away. Buyer to fund entitlement, permitting, and soft-cost expenses; seller will fully cooperate. All information is deemed reliable but not guaranteed; prospects should verify independently.
| Zoned T6-8-O & D1 with LLA override (no rezoning) |
| 4 % LIHTC allocation + QCT basis boost |
| Significant ad valorem tax abatement |
| Conceptual 220-unit mid-rise multifamily plan included |
| Hard-corner site w/ dual frontage (NW 20th St. & NW 1st Ave.) |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Santa Clara (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 2 min | - | 1.1 mi |
| Civic Center (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover), REGULAR METRORAIL SERVICE - Miami-Dade Transit (Metrorail/Metromover)) | 3 min | - | 1.4 mi |
| Airport | Drive | Walk | Distance |
| Miami International | 18 min | - | 7.2 mi |
| Fort Lauderdale/Hollywood International | 33 min | - | 23.0 mi |