Alexander Court
$11,000,000
2189 NW 20th St, Miami, FL 33142
For Sale
Multifamily
Active
Last Updated: 05/29/2025
Highlights:
- Lot Features: Central Business District, City Location, Corner Location, 1-2.5 Acres
- Building Features: Automobile Traffic, Build To Suit, Heavy Traffic, Pedestrian Traffic, Sidewalk
- Ownership: Corporation
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
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