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HomeMy WebLinkAboutTable of ContentsTABLE OF CONTENTS 1. Development Plan 11. Development Schedule Ill. Development Budget 1V. Biscayne Housing Group Development Plan The City of Miami owned lots at 400 SW 8t' Ave (folio # 01-4138-005-0110) and 430 SW 8"' Ave (folio # 01-4138-005-0110) comprise 28,101 square feet and fall under the C-1 Restricted Commercial zoning classification. Multifamily residential use is a use permitted as of right under the C-1 classification, and the subject site is conducive to residential development as it is located in a largely residential neighborhood with one story retail fronting SW 8m Avenue. Biscayne Housing Group proposes the development of affordable rental housing targeting the elderly demographic. Under each of the three development options outlined below, the residential units would be affordable to elderly residents with incomes at or below 60% of Area Median Income. Net monthly rent at today's posted rate would be $609. We provide three development Options below, all of which contain the development of a high quality, mixed-use affordable rental development for the elderly. The constant in each Option is that we propose using $4,000,000 of City of Miami subsidy, Miami -Dade County bond financing, and 4% Low income Housing Tax Credits for all Options. However, Option B includes $4,000,000 in matching subsidy from Miami -Dade County General Obligation Bonds and Option C contemplates applying for funding under the elderly demographic set aside and obtaining SAIL financing from Florida Housing Finance Corporation. Option A: Development of a mixed-use development containing 2,000 square feet of ground floor commercial space and 25 one bedroom, one bathroom apartments affordable to elderly residents. Option A requires donation of the land and $4,000,000 of subsidy from the City of Miami. Option B: Development of a mixed-use development containing 2,000 square feet of ground floor commercial space and 50 one bedroom, one bathroom apartments affordable to elderly residents. Option B requires donation of the land, $4,000,000 of subsidy from the City of Miami, and $4,000,000 of matching subsidy from Miami -Dade County, Option C: Development of a mixed-use development containing 2,000 square feet of ground floor commercial space and 70 one bedroom, one bathroom apartments affordable to elderly residents. Option C requires donation of the land, $4,000,000 of subsidy from the City of Miami and an allocation of SAIL funding from the Florida Housing Finance Corporation. A comparative chart outlining all three options and their respective development schedules is located at the end of this section. Under each development option, the residential building would include significant common area space for the benefit of the elderly residents. In particular, a large furnished community room would allow for group interactions; a library and computer room would be located on the ground floor; an exercise room would be equipped with modern exercise equipment suitable for the elderly; and an outdoor, covered domino court park would be provided to allow for outdoor gathering and recreation. The ground floor would also contain 2,000 square feet of commercial space. The design goal is to create a safe, friendly and functional commercial space that will attract new businesses to the area. Successful commercial operations located in the ground floor will create job opportunities and help link the development to the neighborhood and pedestrian activity. Biscayne Housing Group is a Miami -based affordable housing development company that currently is developing over 500 affordable rental apartments for the elderly in Miami -Dade County. In total, BHG has over 1,200 affordable apartments under development in the City of Miami with a total development value of over $250,000,900. In a time of difficult economic conditions, BHG is not only delivering the highest quality affordable residences to our community, but we are putting the City of Miami to work in the process. DEVELOPMENT SCHEDULE op tion 2008 2009 2009 2009 2009 2010 2011 2011 2011 2012 2012 2012 2012 2013 2013 4 OT 1 OT 2 OT 3 OT A OT 1 OT 2 OT 3 OT 40T 1 OT 2 OT 3 QT 4 OT 1 OT 2 OT Obtain Site Control Miami -Dade County Bond Application Prepare Construction Drawings City of Miami Permitting Construction Phase 1 (9 months) Occupancy DgtlOn � Obtain Site Control Miami -Dade County Bond Application Miami -Dade County GOB Prepare Construction Drawings City of Miami Permitting Construction Phase 1 (12 months) Occupancy Option C Obtain Site Control Miami -Dade County Bond Application FHFC SAIL Application FHFC Funding Award Notice Prepare Construction Drawings City of Miami Permitting FM Construction Phase 1 (12 months) Occupancy Little Havana 25 units - Miami, FI 6) Sources & Uses Permanent Phase Sources Rei. Total % Per Unit D 132807 2.38 % D.DD% 0 0.00% 132,807 0 0.00°/ 0 2,DDC,000 44,269 0.79 % 0.00% 0 0 240,DDC 0 0.001!6 0 0.006/ 165,950 4,000,000 71.77% 160,000 oa 0.00% 0 0.00% 0 ELI Supplemental 102,375 0 0.00% D Permanent 2nd Mortgage 0 0 0,DO% 0 SAIL Loan 264,000 0 0.D01/ 0 Bridge Loan k1 7,986 O.DO % 0,00% 0 Interest Income 0 0 0.00% 0 NOI During Construction 0 0 0.006/ 0 Impact Fee Waivers 22,000 0.39% 0.00% 0 Other 4,400 0_DB% 0.00% 0 Limited Partner Equity 0 1,546,000 27.749% 61,840 General Partner Equity 199,150 0 D.00 % 0 Deferred Developer Fee 4,072 27,719 0.50% 1,109 Tota' Sources 11,047 5,573,719 100.0D% 222,949 Permanent Phase uses Tnfal 9< Per lrnit Hartl Construction Costs Total 2.047,500 36.73% 87,900 GC ProFit D 132807 2.38 % 5.312 l Requirements 0.00% 132,807 2.38 % 5,312 ad 2,DDC,000 44,269 0.79 % 1,771 Buildings 0 240,DDC 4-31% 9,600 LFRecreational al/Owner items 0.006/ 165,950 2.98% 6,638 rovements 0 0.00% 0.00°/ 0 ontingency @: 5.0% 102,375 1.84% 4,095 0 0.00% 0 C.DD% 0 ConsVuctionInterest Expense 1236,800 264,000 4.74% 10,560 Bridge Loan Interest Expense 0 7,986 O.DO % 0 Permanent Loan Origination Fee 0 0 D.DD% 0 Permanent Loan Closing Costs 1,000 0 D.DO % 0 Construction Loan Origination Fee 0.17% 22,000 0.39% 88D Construction Loan Closing Costs 50,000 4,400 0_DB% 176 Bridge Loan Origination Fee 1,105 0 0.00% 0 Costs.of Issuance 0.1)0% 199,150 3.57% 7,966 Other Loan Closing Costs 25,000 4,072 0.07% 163 Reserves Required by Lender 400 11,047 0.00% 0 Accounting Fees 0.06% 25.D00 0.45% 1,050 Application Fees 144,085 2,000 0.04% s0 Appraisal 4,000 9,000 0.16% 360 Architect Fee Design 2.00% 200,000 3.59% 8,000 Architect Fee -Supervision 6,000 50,000 0.90% 2,000 Builder's Risk Insurance 4,DDO 27,633 0.50% 1,105 Building Permit 0.38% 26,100 0.47% 1,044 Brokerage Fee 20,000 0 0.00% 0 Credit Underwriting Fee 4,848 13,695 0.25% 548 Engineering Fee 0.00% 25,000 .0.45% 1,000 Environmental Report 4,723,487 10,000 0.18% 400 FHFC Administrative Fees 0 11,047 0.20% 442 FHFC Application Fees 0.00% 3,ODD 0.05% 120 FHFC Compliance Mon. Fee 0 52,905 0.95% 2,116 Impact Fees (Detail) 0 144,085 2.59% 5,763 Inspection Fees 0.00% 100,000 1.79% 4,000 Insurance- Property/Liability 60,000 1.08% 2,400 Legal Fees- Partnership 105,DDO 1.88% 4,200 Legal Fees- Other 55,000 0.99% 2,200 Market Study 6.000 0,11% 240 Marketing & Advertising 100.000 1.7996 4.000 Operating Deficit Reserve D,DD% 0 Property Taxes 20,000 0.36% BDO Soil Test Report 25,000 0.45% 1,000 Survey(including as -built) 20.000 0.36% 800 Title Insurance & Recording 121,192 2.17% 4,848 Utility Connection Fee 52,500 0.94% 2,100 Miscellaneous Costs (G) 0 0.00% 0 Contingency (Soft Cost) 100.000 1.79% 4,000 Sub Total 4,723,487 Existing Buildings, Owned 0 00%[_ - - 0 Existing Buildings, To be Acquired 0 0.0D% 0 Other Acquisition Costs 0 0.00% 0 Miscellaneous Costs (G} D 0.00 % D Land, To be Acquired 0,00-/ p Other Land Costs 0.00%1 0 Developer's Admin. & Overhead 4.01- 188,939 100.00% 7,558 Developer's Profit Acquisition 4.0'; 0 0.DD % 0 Developer'sPTofit 14.0% 661.292 11.86% 26,452 9 c 7% 71 A 1 Q9 R1 L. 292.9II9 Construction Phase Total % Per Unit 81500 O.DO% D 2.200.000 40.46°o 88,1500 0 0.00% D 0 0.00% 0 2,DDC,000 36.79% 80,000 0 D. DO% 0 0 0.00% 0 0 0.006/ 0 0 0.00% 0 0 0.00% 0 0 0.00% 0 0 0.00% 0 0 0.00% 0 0 0.00% 0 1236,800 22.75 % 49,472 0 0.00 % 0 Construction Phase Total % Per Unit 2,1547,500 39.05% 81500 132,807 2.553% 5,312 132807 2.53% 5,312 44,269 0.84% 1,771 240,000 4.58% 9,600 155,950 3.17% 6,538 0 0.0D% 0 102,375 1.95% 4,095 0 0.00% 0 264,DD0 5.04% 10,560 D 0.00% 0 0 0.00°/ 0 0 0.00% 0 22,000 0.42% 880 4,400 0.08% 176 0 0.00% 0 199,150 3.80% 7,986 4,072 0.08% 163 0 . 0.00% 0 25,DD0 0.48% 1,000 2.000 0.04% 30 9,000 0.17% 360 200,000 3Z1% 8,000 50,000 0.95% 2,000 27,633 0.53% 1,105 26,100 0.50% 1,044 0 0.1)0% 0 13,695 0_26% 548 25,000 0.48% 1,000 10,D60 0.19% 400 11,047 0.21% 442 3,000 0.06% 120 52,905 1.01% 2,116 144,085 2.75% 5,763 100,000 1.91% 4,000 60,000 1.14% 2,400 105, DOD 2.00% 4,200 55,000 1.05% 2,200 6,000 0.11% 240 100, DOD 1.91% 4,DDO 0 0.00% 0 20,DDO 0.38% 800 25,000 0.48% 1,D00 20,000 0.38% Boo 121,192 2.31% 4,848 52,500 1.00% 2,100 0 0.00% 0 100,000 1.91% 4,000 4,723,487 0 D.oO%I 0 D 0.00% 0 0 0.00% 0 0 0.00% 0 0 0.00°/ 0 0 O.DO% 0 188,939 3.60% 7,558 0.00% 0 330,546 6.31% 13.226 1 t..L4:l.0/3 1u.—_ Little Havana SO Units - Miami, FI 6) Sources & Uses 47.67% 111,600 GC Profit 350,496 2.99% Permanent Phase Sources Rrt. Total % Per On xempt Bonds 2337 Accessory Buildings 240,000 2.05% 4,800 300,000 256°� 6.00C Construction Loan 0.00% 0.00 % C 1 0 0.00°/ C 0 4,000,000 34.77% 80.000 14,357 4100010DO 34.17% 60,000 upplemental 0 O.OD % 0 nent 2nd Mortgage 0 O.00% 0 oan 0 0.00°/ 0 Loan #1 Construction Loan Closing Costs 0.00°! 0 t Income 0 O.pp1/ 0 uring Construction 0 0.00 % 0 t Fee Waivers Other Loan Cbsing Costs 0.00% 0 Other s Required b Lender 0-00% 0 Limited Partner Equity 3,343,000 28.56% 66,B60i General Partner Equity 0 0.00% 0 Deferred Developer Fee 63,494 0.54 % 1,270 Total SOUMn s 11,706,494 100.0091. 234,130 Fee Design 0-12% 250,000 r r� 5,000 t Fee -Supervision PermamentPhase 50,000 Hard Construction Costs5,580,000 47.67% 111,600 GC Profit 350,496 2.99% 7,010 GC General Requirements 350,496 2.99% 7,010 GC Overhead 116,832 00°I6 2337 Accessory Buildings 240,000 2.05% 4,800 Recreational/ Owner items 261,600 223% 5,232 Off -Site improvements 0.00% 0 Hard Cost Contingency �; 5.0°; 279,000 238% 5,580 Other 0.00% 0 Constructionlrrterest Expense 717,854 6.13% 14,357 Bridge Loan Interest Expense 0.00% O.00% 0 Permanent Loan Origination Fee 3,000 0.031- 00 Permanent Loan Closing Costs 900 0.01 % 18 Construction Loan Origination Fee 60,000 0.51 % 1,200 Construction Loan Closing Costs 12,000 0.10% 240 Bridge Loan Origination Fee 16,072 0 0.00 % Q _ Costs of Issuance 203,600 1,74% 4,076 Other Loan Cbsing Costs 16,072 0.14% 321 s Required b Lender 9,000 0.001/ 0 ng Fees 2.24% 25.OD0 0.21% 500 on Fees as 68,994 0,000 0.02% 40 l Fftrmit 1,044 9,000 0.08% 180 Fee Design 0-12% 250,000 214 % 5,000 t Fee -Supervision 10,000 50,000 0.43% 1,000 Risk 478 68.994 0.59% 1,380 PenNt 0.53% 52,200 0.45% 1,044 Brokerage Fee 100,000 0 0.00% 0 Credit Underwriting Fee 1,200 13,695 0.12 % 274 Engineering Fee 0,49% 25,000 0.21 0.05% Environmental Report 100.000 10.8100 0.09 % 200 FHFC Administrative Fees 0 23,884 0.20% 478 FHFC Application Fees 0.22% 3,000 0.03% 60 FHFC Compliance Mon. Fee 165,742 59,234 0.51% 1,185 Impact Fees (Detail) 2,100 288,170 2.46% 5,763 Inspection Fees 100,000 0.85% 21000 Insurance- Property liability 60,000 0.51% 1,200 Legal Fees- Partnership 105,000 0.90% 2,100 Legal Fees -Other 55,000 0.47% 1,100 Market Study 6.000 0.05% 120 Marketing & Advertising 700.000 0.85% 2,000 Operating Deficit Reserve 0.00% 0 Property Taxes 0.00% 0 Soil Test Report 25,000 0,21% 500 Survey(including as-buift) 20,000 0.17% 400 Title Insurance & Recording 165,742 1.42% 3,315 Utility Connection Fee 105,000 0.90%1 2,100 Miscellaneous Costs [G} 0 D.00 % 0 Contingency (Soft Cost) 100.000 0.85%1 2,006 -Total 9,913,967 Buildings, Owned 0 OAO1/ 0 Buildings, To be Acquired 0 0.001'1 0 uisition Costs 0 0.00 % 0 WDeveSub eous Costs [G) p O.DO % 0 be Acquired 0.001`1 0 nd Costs 0.00% 0 lopersAdmin. er's Admin. & Overhead 4,116 396,559 100.00% 7,931 er's Profit Acquisition 4.G= 0 0.009`0 0 'Developers Profit 14.1% 1.395,966 11.92/ 2J.919 TotalProieciCost 11,706,494 195.61% 234,130 Construction Phase Total % Per unit 350,496 O.OD% 0 6,000,060 3.14% 120, DOD D 0.00 % 0 0 0.00% 0 1,200,000 10.4,15% 24.0x0 1,600.D00 13.94% 32,000 0 0,00% 0 0 D.OD'1 0 0 0.0096 0 0 0.00% 0 0 0.00% 0 0 0.00% 0 0 0.00% 0 0 0.00% 0 2,674,400 23.31% 53,468 0 0.00°/6 0 16,072 0.00 % 0 11,474,400 1W,00% 229,486 Total % Per Unit 5,580,000 50.05% 1}}, 350,496 3.74% 7.010 350,496 3.14% 7,010 176,832 1.05 % 2,337 240,000 2.15% 4,BDO 261,600 2.35% 5,232 0 0.00% 0 279,000 2.50% 5,560 0 0.006/ 0 717,854 6.44% 14,357 0 0.00% 0 3,000 0.03% 60 900 0.01% 18 60,000 0-54% 1,200 12,000 0.11% 240 0 0.00% 0 203,800 1.83% 4,076 16,072 0.14% 321 0 0.00°/ 0 25,000 0.22% 500 2,000 0.02'/6 40 9,000 0.08% 180 250,000 2.24% 5,000 50,000 0.45% 1,000 68,994 0.62% 1,380 52,200 0.47% 1,044 0 0.00% 0 13,895 0-12% 274 25,000 0.22% 500 10,000 0.09% 200 23,884 0.21% 478 3,000 0.03% 60 59,234 0.53% 1,185 286,170 2.58% 5,763 100,000 0.90% 2,000 60,000 0.54% 1,200 105,000 0.94% 2,100 55,000 0,49% 1,100 6,000 0.05% 120 100.000 0.90% 2, 000 0 0.00% 0 0 0.00% 0 25,000 0.22% 500 20.000 0.18% 400 165,742 1.42% 3,315 105,000 0.94% 2,100 0 0-00% 0 0 0.00 / 0 0 0.130% 0 396,559 3.56%1 7,931 0.00%1 0 837.581 7.51 1 IS 759 Little Havana 70 Units - Miami, A 6) Sources & Uses Permanent Phase rtes � Total z Per nii Tax -Exempt Bonds 0.00°6 0 Bond 800,000 4.791% 11.429 Construction Loan 0.00% 0 Loenl 0 0.00°/6 0 AHTF 4.000.000 23,96% 57,143 SURTAX 2,000,000 11.98% 28,571 ELI Supplemental 0 0.00% 0 Permanent 2nd Mortgage 0 0.00% 0 SAIL Loan 4,900,000 29.35% 70,0DO Bridge Loan *1 0.001/. 0 Interest Income 0 0.00% 0 NOI During Construction 0 0.00% 0 Impact Fee Waivers 0.W% 0 Other 0.00% 0 Limited Partner Equity 4,890,000 29.29% 69,857 General Partner Equity 010.00% 5.71% 0 Deferred Developer Fee 104,688 0.63% 1,496 Total Sources 16,694,688 100.00% 238,496 Permanent Phase Uses Total % Per Unit Hard Construction Costs 8,626,000 51.67 % 123.229 GC Profit 538,111 3Z-1 7,687 GC General Requirements 538,111 322'0 7,687 GC Overhead 179,370 1.07°/ 2,562 Accessory Buildings 240,000 1.44% 3,429 Recreational t Owner Items 342,520 2.05% 4,893 Oft -Site Improvements 0.00% 0 Hard Cost Corrtingency 0: 5.0'6 431,300 258% 6,161 Other O,W%l 0 Construction Interest Expense 953,556 5.71% 13,622 Bridge Loan Interest Expense 0.001/ 0 Permanent Loan Origination Fee S. DOD 0.05% 114 Permanent Loan Closing Costs 2,400 0.01% 34 Construction Loan Origination Fee 80,000 0.48% 1,143 Construction Loan Closing Costs 16,000 0.10% 229 Bridge Loan Origination Fee _ 0 0.00% 0 Costs of Issuance 211,550 1.27% 3,022 Other Loan Closing Costs 17,422 0.10% 249 Reserves Required by Lender O.DO% 0 Accounting Fees 25,000 0.15 % 357 Application Fees 2,000 0.01% 29 Appraisal 9,000 0.05% 129 Architect Fee -Design 275,000 1.65% 3,929 Architect Fee -Supervision 50000 0.30% 714 Builder's Risk Insurance 62,785 038% 897 Building Permit 73,080 0.44% 1,044 Brokerage Fee 0 0.00 % 0 Credit Underwriting Fee 13,695 0.08% 196 Engineering Fee 25.000 0.15% 357 Environmental Report 10.000 0.06% 143 FHFC Administrative Fees 33,959 0.20% 485 FHFC Application Fees 3,000 0.0211. 43 FHFC Compliance Mon. Fee 64,296 0.39% 919 Impact Fees (Detail) 403,437 2.42% 5,763 Inspection Fees 100,000 0.60% 1,429 Insurance- PropertylLiabitty 60,000 0.36% 857 Legal Fees- Partnership 105,000 0.63% 1,500 Legal Fees- Other 55,000 0,33% 786 Market Study 6,000 0.04% B6 Marketing & Advertising 100.000 0.60% 1,429 Operating Deficit Reserve 0.00% 0 Property Taxes 0.00% 0 Soil Test Report 25,000 0.15% 357 Survey(including as -built) 20.000 0.12% 286 Title Insurance & Recording 195,442 1.17% 2,792 Utility Connection Fee 147,000 0.88% 2,1 DO Miscellaneous Costs (G) 0 0.00% 0 Contingency (Soft Cost) 100,000 0.60% 1,429 sub -Total 14,148,035 Existing Buildings, Owned 0 0.00% 0 Existing Buildings, To be Acquired 0 O.DO % 0 Other Acquisition Costs 0 0.00% 0 Miscellaneous Costs (G) 0 0.00% 0 Land, To be Acquired 0.00% 0 Other Land Costs 0_D0% 0 Developer's Admin. & Overhead 4.01. 565.921 100.D0% 8,085 Developer's Profit Acquisition a.ON 0 0.D0% 0 Developer's Profit 14.0% 1,980.731 11.86% 28.296 ,..,.m ..�n�ertr r.e+v P 1 15.b`J4,UCWi lyC.01'b LSC,4YD1 Construction Phase Total _6 Per U 0.00% 0 8,000,000 49.01%1 114.286 0 0.130% 0 000% 0 O.W/ 0 O.OD°r, 0 0. W/. 0 0.00% 0 0.00°1, 3,912,000 23.97% 55,886 0 0.00% 0 0.001 0 1b,322,000 72.98% 170,171 BISCAYNE HOUSING GROUP Formed in 2004 by industry veterans Gonzalo DeRamon and Michael Cox, Biscayne Housing Group ("BHG") has emerged as an industry leader in the State of Florida for innovative, high quality affordable housing development. BHG is known for well-designed and well-built developments that boast unprecedented levels of community connection and involvement. Since inception, BHG has won eleven (11) funding allocations from the Florida Housing Finance Corporation, leading to a current development pipeline with over $250,000,000 in total development costs. This development activity has put over 3,000 Miami -Dade County residents to work_ construction workers, engineers, architects, environmental scientists, attorneys, accountants, surveyors and property managers are all currently at work at BHG developments. The principals and staff of BHG have developed over 5,000 affordable apartments in the State of Florida. We live in the City of Miami, work in the City of Miami, and raise our families in the City of Miami. To follow please find renderings of some of our current projects that exemplify our abilities and attention to high qualify affordable housing development. Biscayne Housing Group 3 Development of a high-rise tower of 110 units for the elderly Location: 1301 NW 23'� Street, Miami, FL. Amenities include: Community center, domino court park, laundry facility, individual washed dryer hook-ups, com- puter room, exercise room Anticipated completion: December 2008 Biscayne Housing Group Villa Patricia I— Under Construction Hirth- rise tone: of 125 elderh units. Location: 7825 NE2`-Avenue, Miami, FL Amenities include: Cotrmiunin center. domino court park, laundry facility, indMdual washer dn,'er hook-ups, computer rooms exercise room Anticipated completion: Nov ember 2008 Villa Patricia 11— Under Construction High- rise tou-er of 12= eldcrly units. Location: 7831NAL- 2`- Avenue. Nliani , FL Amenities include: Conmur:in center, domino court park, laundry facility, individual washer/ dryer hook-ups, computer room, exercise room Anticipated completion: Februir 2009 Villa Patricia III— Under Construction High- rise tower of 89 elderhunits, Location: 7815 NE 2-- Av enue,lltiami, FL Amenities include: Connnunin• center. donuno court park, laundn facility. individual washer! dryer hook-ups; computer room. exercise room Anticipated completion: February 2009 A Biscayne nousin Wwg Group ,,'^+,.i<,•,.�.,.'`.. sem. a -'►r. t ,.'a.v''`_`�.' 4iz„�,......-r.,,_,.-.,. F __ _ ism_ Ilse lower of 90 homeless units. Location: 350?-1fi4Street, Miami. FL =amenities include; � roooi�unity� center, m, exercise room do An COilrt park, lautldn, facilitS�, Individual tij�a 4nticipated completion: December 2009 sher,% dryer hoot_ups, computer Biscayne Housing Group YMCA Village — Carver I Elderly housing development of 112 units in a high-rise tower. Location: 401 I\VN- 71 Street, Miami, FL Amenities include: Con=uniry center, domino court park, laundry' facilit-v- indi-6dual washer' dryer hoOk-UPS. COMPutcr room, CXC7"Ise r0on! Anticipated completion: December 2009 YMCA Village — Carver 11 Elderly housing &vclopmmt of 90 units in a high-rise tower. Location: 410'\W 7]" Strce,.'Nfiarni. FL Amenities include: Comimunity center, dcn-iino court Park- laundry facility, individual washer' dryer hook-ups, computer toom, exercise room Anticipated completion: December 2009 Biscayne Housing Group 1K 4W -i -tt' ff a Mao -7- . . . . . . . . . . . . YMCA Village — Al lapattah I Elderly housing development of 90 units in a high-rise tower. Location: N -W l7' `' Avenue and 23'° Terrace. Miami. FL. Amenities include: Community center. domino court park, laundry facilin'. individual Rvasber! dryer book -ups, computer room exercise room Anticipated completion: June 2009 YMCA Village — Allapattah 11 Fa_,,r i!, hollsirIL, &,�-el,)prntnt of 100 traits in a high-rise tovve, LocatiDn:'\%N' 17�x Avenue and 23- Terrace. Wayrd. FL Amenities include: Ccmmunity cenic-,_ vlpvgourd. laundry facility. individual washer dryer hook-ups. computer room, exer- cise Anticipated completion: June 2009 Biscayne Housing Group Qualifications of the Firms BISCAYNE COURT APARTMENTS Elderly housing development of 60 rental units in a high-rise tower. Location: 5211 NW 27 Avenue, Miami, FL Amenities include: Community center, domino court park, laundry facility, individual washer/dryer hook-ups, computer room, exercise room Anticipated completion: December 2009 My Home ...- ..r Show Me: Property Information Search By: Select Item ® Text only Prooerty Appraiser Tax Estimator Summary Details: olio No.:nSW8 ro ailing tldress: D FLOOR Prooertv Information: dMary Zone: 100 RESTRICTED Applied Applied MMERCIAL LUC: 040 MUNICIPAL $/Baths: 10 k�ors- e ional: n Units: pun di So Footage: Lot Size: ,601 SO FT Year Built: 8 54 41 CAROLINA egal CURT A R -S PB 15-56 esa ptiw : OT 16 LOT SIZE 5601 QUARE FEET OR 19756-4069 D401 3 Sale Information: Pale O/R: 1�21e Date: /1996 ale Amount 0 Assessment Information: ear: 2008 2007 nd Value: 5336,060 336,06 uitdin Value: 53,729 $3,729 arket Vafue: $339,789 339,78 ssessed Value: $339,789 339,78 TAv.hlp Valup Infnrmatinn- ear: 2008 2007 Property Boundary Applied Applied Faxing Authority: Exemption/ Exemptionf Taxable Taxable Value: Value: e ional: $339,789150 $339,7897$0 pun 339,789/$0 $339,7891$0 339,789/$0 $339,78910 chool Board:$339,789/$0 $339,789($0 Additional Information: r to .e mors information for this y Development District y Redevelopment Area ent Zone Zoneelopment Boundary lorem Assessments Dig@al Orthophotography - 2007 D 110 ft My Home I Prop$rty Information I Property Taxes My Neighborhood I Property Appraiser HomeI Using Our Site I AboutI Phone Directory I Privacy I Disclaimer If you experience technical difficulties with the Property Information application, or wish to send us your comments, questions or suggestions please email us at Webmaster. Web Site C 2002 Miami -Dade County. All rights reserved. Legend f/` Street ,4%f Highway Miami -Dade county i Water 0 W+E 5 Property Boundary it Selected Properly f/` Street ,4%f Highway Miami -Dade county i Water 0 W+E 5