Miami To Build & Sell Condos At Cost In Florida’s ‘First Affordable Homeownership Scheme’

The City of Miami has announced plans to build condo units that will be sold at cost, in what is being called Florida’s first affordable homeownership plan.

The new no-profit condo building will be called Patria y Vida and will include 104 units.

There will be a total of 72 one-bedroom units, with 32 two-bedroom units, according to Diario Los Americas.

The project will be built on city-owned land at 1251 Southwest 7th Street.

Anyone will be permitted to buy one of the units, but Miami residents will have first priority.

The city says it will place liens on units in an effort to prevent speculators from flipping and profiting off the condos. Gains will be limited to an amount determined by a mortgage taken by the original byer.

Renderings show the building is being designed by architect Wolfberg Alvarez.

Construction is expected to begin in early 2022. The city says it will open bidding to construction contractors in the next few months, and select the cheapest and fastest proposal.

(photos: Joe Carollo)

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Anonymous
1 month ago

The name of the condo it’s kind of stupid.

Anonymous
1 month ago

Joe Carollo is only creative when it comes to surprising businesses and making the City of Miami look awful in the national press. This is just another tactic to use socialism from the Government all while he denounces it to try to win votes. Sad.

Anonymous
1 month ago

True.
What does Government know about housing?
Have they ever gotten it right?

Anonymous
1 month ago

The new projects

Anonymous
1 month ago

Reeks of crony capitalism. Government typically does a poor job of allocating capital. Better to create tax incentives for developments in poorer neighborhoods. Top down thinking leads to unintented consequences, usually negative. Freeing up the market where people deploy risk capital leads to better results. Classic Austrian School wisdom!

Anonymous
1 month ago

It’s Little Havana, so…

Anonymous
1 month ago

“Patria y Vida” translates to English as “Homeland and Life”

Anonymous
1 month ago

It also translates to “I need the Cuban vote”

MM305
1 month ago

“The cheapest and the fastest” “liens on the property” “Gains will be limited to an amount determined by a mortgage taken by the original buyer”. So shody construction, unknown liens, unconstitutional restrictions on title and ownership, and government oversight on the free market…. Yeah, this seems like a recipe for disaster

Anonymous
1 month ago

Exactly. What is the point of ownership if you can’t participate in the rights of ownership? Yet I’m sure the banks will be collecting full interest on those mortgages.

Anonymous
1 month ago

I’m surprised this project is not called the “terra cotta teapot” after the one Joe Carollo loves to throw about his house (or at his wife?)

William
1 month ago

Exactly…. This kind of politicking is just crazy. Lets enrich 100 people in a city with so many needy folks while pretending like a lien will protect against ((unjust)?) enrichment. What a sham. Once property is sold, you can’t just act like you still own it. How ridiculous. Another Corollo special. This should be kept as low income housing. I’m not even a fan of this push to house millions of people at below market rents, but I do know that it is a requirement of larger cities. A certain amount is just needed. But a political move like this only hurts the city.

Anonymous
1 month ago

It reads like a 15 year old socialist trying to come up with solutions for every major problem posed by such a project

Anonymous
1 month ago

Joe Carollo loves socialism!!

Didn’t he run from Cuba to get away from Joe socialism? Now he’s in America promoting it?

Anonymous
1 month ago

Any “scheme” in Miami means some one is getting paid behind the scenes so I wonder what construction companies are already planned to build these “at cost” buildings

Anonymous
1 month ago

Joe Carollo is likely the one getting paid behind the scenes. He runs the city like a mafia.

Anonymous
1 month ago

Art Acevedo, is that you?!

Anonymous
1 month ago

Congratulations….no one could had said it better….they are rats

Anonymous
1 month ago

Patria y Vida. 😂😂😂 Please keep pandering to the clueless Cubans.

Anonymous
1 month ago

Not-so offensive design, and good height for the area

Anonymous
1 month ago

Nothing to do with Miami or the area.
Where is MiMo, Art Deco, Post Modernist, MidCentury Modern styles that are more befitting to a new Miami. The pseudo Mediterranean look is so tired and outdone in Miami.
Please let’s move on….

Anonymous
1 month ago

It’s affordable housing, do you expect the most grand building to ever be conceived? This is really acceptable in terms of affordable housing.

Anonymous
1 month ago

Brooks + Scarpa reveals a MiMo-inspired affordable senior housing complex in Miami Beach has an interesting design. Why must you drag people down for the argument of your own laziness and mediocrity?

Anonymous
1 month ago

We all have our opinions. The “Brooks + Scapa MiMo-inspired affordable senior housing complex in Miami Beach” looks like a jumbled mess. Having a simple design, which is again, not offensive, is perfectly reasonable. Not every affordable development needs to have fancy designs. I understand wanting to have a more modern affordable housing complex, I want that too. But again, this is fine.

Anonymous
1 month ago

Florida was literally settled and founded by the Spanish? Spanish revival is the defacto Architectural vernacular of the state? Are you completely unfamiliar with Miami / Florida in general?

Anonymous
1 month ago

Precisely, that’s why we have St. Augustine.
Cities go through changes and styles evolve. This makes them interesting. Look at Barcelona, the Gothic quarter is beautiful but Gaudi revolutionized it with a new style. Are they trying to copy those styles in their new designs?
Obviously not. Yet here in Miami we just have copy catters, not creative designs.

Anonymous
1 month ago

Except we don’t get much creative design. For every 1000 Museum, we get 100 boxes, many in prime locations for exemplary architecture.

Anonymous
1 month ago

Most Mediterranean Revival-influenced architecture stems from 1920s architecture. Maybe architects at the time were influenced by the past Spanish, but you also had Addison Mizner from California, who spent time in Latin America as a child. Prior to that, it was Victorian, and after it was Art Deco.

Anonymous
1 month ago

Um, the Riverside and Shenandoah areas (a.k.a. Little Havana) are full of Mediterranean Revival gems from the 1920s. It’s obvious you don’t know anywhere in the City of Miami outside of downtown and Wynwood.

Anonymous
1 month ago

Plus it has little to no balconies.

MM305
1 month ago

Agreed, its not a bad design or height. But they could put these buildings up and down all of East Little Havana to help the neighborhood, not just the main streets like flagler (and 1st) and 8th (and 7th). They should enable people to put these right off Jose Marti Park and connect that with the triangle above so that the entire area is 8 story buildings with retail underneath.

Anonymous
1 month ago

The city will “select the cheapest and fastest proposal?”

Oh oooo…

Anonymous
1 month ago

Funny how no one has commented that the timing couldn’t be more perfect since he is up for re-election. Great PR stunt. I’ll believe it when I see it built.

Anonymous
1 month ago

The next project the city build should be called “Diaz-Canel Singao”!

Anonymous
1 month ago

😂😂🐷🤣

Anonymous
1 month ago

What i don’t understand is why do people vote for these thieves in the city of Miami
They are all corrupt and residents keep voting them in, to me they get what they deserve, a piece of crap

Anonymous
1 month ago

The alternative is a soy boy like Ken Russell who does less things useful.

POLO
1 month ago

“Patria y Vida” it’s kind of a weird name for a condo tower. It’s naming a condo “Stop the Steal”!

Anonymous
1 month ago

It’s in Little Havana, so….

Anonymous
1 month ago

The thing is, “stop the steal” would actually fly for a condo name in Little Havana or Hialeah. I don’t know whether to laugh or cry.

Anonymous
1 month ago

It means land & life.

Anonymous
1 month ago

Joe carollo should find another job
This is a joke

Adrian
1 month ago

I wonder how much it will be per unit.

The project in Allapattah would be like 300k per unit. So I wonder. I do think this is the way, if only it could be scaled up.

Anonymous
1 month ago

Good project and great for the area.

Anonymous
1 month ago

Seems like a decent idea- Homeownership vs. affordable housing. Should build more especially in the Brownsville area.

Joel
1 month ago

So Miami residents don’t own the land. I wonder what the quality of this building will be like provided all the government oversight. And will it be maintained by the government or a 3rd party? Because with all these restrictions investors are not going to get involved at all.

Anonymous
1 month ago

No no no no

Anonymous
1 month ago

It’s hideous, both the ideals behind it and the design itself. What an eyesore!

Anonymous
1 month ago

Finally, affordable home ownership for Miami residents! Kudos!

Anonymous
1 month ago

except “anyone” is able to buy them… yet Miami residents get first dibs

Anonymous
1 month ago

“…the cheapest and fastest proposals will be chosen.” I think I’ll pass.

Anonymous
1 month ago

The city says it will open bidding to construction contractors in the next few months, and select the cheapest and fastest proposal.

And will get the advice from the City of Surfside government 🤗

Anonymous
1 month ago

Milo.

Anonymous
1 month ago

They have similar condo in Cuba with the same quality of construction this one will have , but the name is Patria o Muerte, Venceremos 🤗

Anonymous
1 month ago

Well… it still looks better than most of Arquitectonica’s crap in the past ten years.

Anonymous
1 month ago

Will end up being the first and last condo of its kind, what an awful idea. These things never work.

Howard Roark
1 month ago

The Cortlandt project?

Anonymous
1 month ago

This property was bought by the City to build a park with $$$ ear-marked for a park. Magically, it has become Carollo’s building. Is there no oversight to corruption at the City?

Anonymous
1 month ago

and THIS is how Psycho Joe Comemierda Toyota Corollo gets to keep his stranglehold on Miami… by throwing a crumb and pandering to the green teeth locals.

Anonymous
1 month ago

bad idea

Anonymous
1 month ago

we need more projects like this that offer affoardable housing

Azarius
1 month ago

We need more housing options like this to off set the luxury development in Downtown Miami. This will give actual people a shot at ownership