Allapattah Redevelopments
Allapattah Submarket
Allapattah, northwest of downtown Miami, spans roughly from SR‑112 to the Miami River and I‑95 to NW 27th Ave. Known as “Little Santo Domingo,” it’s a culturally rich, densely populated area with a strong industrial and garment-trade base. Allapattah is emerging as a dynamic submarket ripe for investment in transit‑oriented, mixed‑use housing. With freshly approved CRA funding and the state’s Live Local Act, developers can unlock height, density, and parking concessions by committing to affordable/workforce units.
Its strong connectivity to Wynwood’s culture and proximity to Palmer Lake enhance liveability. Recent trophy projects like the 24‑story, 400‑unit tower and 125‑unit workforce complex demonstrate a trend toward high-rise, mixed‑income development. Allapattah is poised for transformation—anchored by strategic zoning, incentives, and community-driven redevelopment.
“Allapattah 42 – Live Local Opportunity”
Welcome to Allapattah 42, a rare opportunity to secure a cash-flowing property in one of Miami’s fastest-growing urban cores — Allapattah.
This ±10,000 SF site, located at 3737 NW 20th Court, currently generates income through a rented single-family home, offering immediate returns while you plan for future redevelopment.
Zoned T5-L and located within a Qualified Opportunity Zone and a Transit-Oriented District, this property is fully eligible for Florida’s Live Local Act. A site plan has already been submitted for approval to build 42 units — fast-tracking your timeline and minimizing entitlement risk.
Positioned just west of Wynwood and two blocks from the Earlington Heights Station, this parcel is strategically located to benefit from long-term appreciation, rising demand for workforce housing, and increasing institutional investment in Allapattah.
Whether you’re looking to hold a stabilized asset with upside or move quickly into vertical development — Allapattah 42 is shovel-ready and positioned for success.
“Melrose Redevelopment – 116 Units Live Local Opportunity”
Welcome to the Melrose Redevelopment, a premier investment opportunity located along the high-traffic NW 36th Street corridor — right between Allapattah and the Palmer Lake District.
The offering includes two contiguous lots totaling approximately 34,000 square feet — or 0.77 acres — zoned T6-8-O. That means you’re looking at a by-right development potential for up to 116 multifamily units.
But here’s the value-add: the site already produces $216,000 in annual rental income from a mix of short-term tenants across residential and commercial structures. That gives you a strong carry while pursuing entitlements or finalizing plans.
Add to that the Live Local Act incentives — no parking required in TOD zones, increased FAR, density, and height — and you’re looking at serious upside.
Just 2.5 miles from Miami International Airport, and minutes from Wynwood, Downtown, and the Health District — this site is positioned at the intersection of convenience and growth.
Whether you land bank, entitle, or go vertical — Melrose checks every box.
“Allapattah 71 – Income & Live Local Ready”
Welcome to Allapattah 71, a turnkey development play with real income in place and Live Local momentum already underway.
Located just west of Wynwood and two blocks from Earlington Station, this site totals just over 11,000 square feet across two contiguous lots. It’s zoned T5-L, sits in a Qualified Opportunity Zone, and qualifies for Transit-Oriented Development benefits.
Currently, the property features a fully leased four-unit multifamily building, delivering stable, in-place income while you prepare for the next phase.
And here’s the kicker: the site has already been submitted for approval under the 2024 Live Local Act for a 71-unit multifamily development — unlocking density, tax exemptions, administrative approvals, and no parking requirements.
This is a rare opportunity to step into a cash-flowing asset with clear entitlement upside and long-term value in a rapidly growing submarket.
Zoning & Incentives
Live Local Act
This state law allows projects in mixed‑use/industrial zones to bypass local zoning limits—getting extra height/density in exchange for 40% units set aside for households ≤ 120% AMI for 30 years. A recent 24‑story, ~400‑unit tower along NW 22nd St illustrates it well: includes 40 micro‑units, commercial space, and benefits from parking waivers and Metrorail proximity.
City-wide Zoning Reforms
Miami is proposing city-level upzoning incentives—doubling allowable units, permitting micro housing, drastically reducing parking requirements—particularly near transit corridors like Allapattah’s, given its three MetroRail stations.
Questions? Get in touch.
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