99-Year Ground Lease Secured with City of Miami Gardens
Housing Finance Authority of Miami-Dade CountyLocal Housing Authority · Doral, FL- Disclosed value
- One-time base rent payment of $16,894.20 and an annual maintenance fee of $25,000 (with $50,000 budgeted for the first two years)
- From report
- Document date
- May 11, 2026
- Renews
- Free account
The 30-second brief
The City of Miami Gardens executed a 99-year ground lease with Serenity Grove Venture, LLC for the Serenity Gardens site, including a modest base rent and a $25,000 annual maintenance fee. Two years of maintenance charges are funded up front in the project’s development budget.
City of Miami Gardens holds this facilities contract with Housing Finance Authority of Miami-Dade County. Its other public contracts on record include work for Town of Medley and City of Miami Gardens.
The renewal date is on record. A free account shows it, with the renewals for every Housing Finance Authority of Miami-Dade County contract.
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Contract details
- Contract type
- Facilities
- Amount
- One-time base rent payment of $16,894.20 and an annual maintenance fee of $25,000 (with $50,000 budgeted for the first two years)
- Document date
- May 11, 2026
- Term
- 99-year Second Amended and Restated Ground Lease dated March 13, 2026
- Renews
- Free account
- Vendor
- City of Miami Gardens
- Source document
- Housing Finance Authority of Miami-Dade County Credit Underwriting Report Serenity Gardens 2026-05-11 (Report)
City of Miami Gardens's other public contracts
More Housing Finance Authority of Miami-Dade County contracts
Questions about this contract
Who was awarded the facilities contract by Housing Finance Authority of Miami-Dade County?
City of Miami Gardens was awarded this facilities contract by Housing Finance Authority of Miami-Dade County, as recorded on May 11, 2026. The contract value is One-time base rent payment of $16,894.20 and an annual maintenance fee of $25,000 (with $50,000 budgeted for the first two years).
How much is the City of Miami Gardens contract with Housing Finance Authority of Miami-Dade County worth?
The City of Miami Gardens contract with Housing Finance Authority of Miami-Dade County is valued at One-time base rent payment of $16,894.20 and an annual maintenance fee of $25,000 (with $50,000 budgeted for the first two years), covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a report record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Housing Finance Authority of Miami-Dade County Credit Underwriting Report Serenity Gardens 2026-05-11 (Report), dated May 11, 2026 from Housing Finance Authority of Miami-Dade County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does City of Miami Gardens hold?
City of Miami Gardens may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Housing Finance Authority of Miami-Dade County currently buying?
Explore Housing Finance Authority of Miami-Dade County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.