Edison Terraces

655 and 675 NW 56th Street, Miami, FL

Edison Terraces is a 120-unit apartment complex located in central Miami, Florida just minutes from downtown. On 2.4 acres, the two six-story buildings feature two- and three-bedroom floor plans for families earning between 50% and 60% of the area median income. Onsite amenities include a community room, laundry facilities, a basketball court, and a playground.

The development is being completely renovated with funding from Miami-Dade County HOME, Miami-Dade County Surtax, LIHTC equity, and a Chase construction loan.

Edison Terraces

655 and 675 NW 56th Street, Miami, FL

Units

120

Year

1993/4

Cost

22M

Ownership Interest

100%

Revamp

2018

Classification

Family Housing