Attainable Mixed Income Housing Development
1136 NW 8 Ave is a 23,939 sqft site located just 5 minutes from the Miami Health District hospitals, zoned T6-8 L with a density of 150 units per acre and FLR of 5 with an additional benefit of 25%. .
Project site is suitable to develop multifamily and hotel, but due to the lack of work force housing units within the City of Miami. Property has a total of 23,939 SFT (.55 Acres) site with site characteristics such as:
The Health Sector provides an essential service for all the population, with a constant growing demand, and almost no downturns because of the general economic conditions The project got the approval from Planning, zoning appeals board from city of Miami for the zoning change to T6-12L, which increases FLR to 8 and height up to 18 floors with bonus but limited to 15 by design. The building will have a total of 164 units and 215,100 sqft of gross area. Current zoning code T6-8L Density: 150 unit/acre |
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