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Projects & Community Impact

Revitalizing Our Community

The Naranja Lakes Community Redevelopment Agency (NLCRA) invests in housing rehabilitation, commercial revitalization, infrastructure improvements, and neighborhood enhancement projects that strengthen the redevelopment area and improve the quality of life for residents and businesses. These projects are guided by the Community Redevelopment Plan and reflect the Agency’s commitment to eliminating slum and blight throughout the district.

Completed Residential Projects

Bauer Parc South

This property is situated within the Naranja Community Development District of Miami-Dade County, just off US-1 South (Dixie Highway) in ta rapidly growing area of South Miami-Dade. It offers convenient access to Florida’s Turnpike, Homestead Airport, Baptist Homestead Hospital, and is within walking distance of the South Dade Transitway (Busway), one of the six key corridors in the Miami area’s Strategic Miami Area Rapid Transit (SMART) plan. Bauer Parc South is a multifamily garden-style property comprising 237units across nine apartment buildings, including six three-story structures. The property features a total of 201,969 square feet of rentable space, with a combined building area of 280,705 square feet, which includes 5,819square feet dedicated to amenities.

Luxe Grove Apartments

The existing site is a 10-acre avocado grove located at SW 236th Street and SW 132nd Avenue in Naranja Lakes. The current site is no longer viable due to Laurel Wilt. For the past several years, the site has unfortunately fallen victim to illegal dumping on the swale and around the entire site. The surrounding pattern of development has become predominantly multi-family housing over the past 5 years, making the avocado grove an odd feature in the neighborhood. The developer has received site plan approval for a 300-unit workforce housing project which has five buildings that are 3stories each. The unit mix is comprised of 111 one-bedroom units, 153 two-bedroom units, and thirty-six three-bedroom units with an average of 900 SF living area. The community will be gated with security, well-lit and beautifully landscaped. This project represents the transformation of a failed avocado grove that has attracted illegal dumping into a beautiful, new, safe and affordable SW assist in transforming a blighted property into a dignified, high- quality multi-family residence that better matches the overall pattern of development nearby and adds vibrancy to the neighborhood.

Legacy Five

Magnolia Point Affordable Housing

In late 2018, Absolut Financial Resources, Inc. (AFR), through its investment management subsidiary Legacy Five LLC, launched an ambitious affordable housing development platform built on AFR’s extensive expertise in Low-Income Housing Tax Credits (LIHTC) and complex financing structures. Legacy Five assembled a highly specialized team, partnering with institutions such as Florida Housing Finance Corporation, Fannie Mae, Freddie Mac, private bond buyers, and equity tax credit providers, as well as experienced consultants and leading real estate and construction groups. This integrated approach proved successful with the delivery of Madison Point—a 263-unit, fully affordable rental development in Naranja, FL (South Dade)—completed in February 2023.

Program Impact - FY 2024-2025

The CRA continues planning for future housing stabilization, corridor revitalization, and infrastructure improvements in alignment with the Community Redevelopment Plan.

  • 13 homes completed and 16 homeowners on the waitlist for the next phase.
  • Average cost of repairs per home: $18,999 — representing 54.5% of the homeowners’ annual income.
  • Homeowner demographics:
    • 69% of households headed by women
    • 62% of homes include a resident with a disability
    • 77% of participants are over age 62
  • Income levels served: 30%–80% AMI households, with average income at $34,891.

The Naranja Lakes CRA is committed to strengthening economic opportunities, enhancing neighborhood character, and supporting the long-term vitality of one of Miami-Dade County’s fastest-growing areas.

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Contact Us

Stephen P. Clark Center
111 N.W. 1st Street, Suite 2200
Miami, FL 33128

Phone: 954-825-0448 ext. 248
Email: info@naranjalakescra.com
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