Low Income (LIHTC)Waitlist Closed

Park Place by the Bay

915 NW 1st Ave, Miami, FL, 33136

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Park Place by the Bay comprises 463 units designated as low-income housing in Miami-Dade County, Florida. The property provides affordable rental options for eligible residents in the Miami area.

Waitlist Information

Waitlist managed by Miami Dade Public Housing and Community Development

Public Housing Waitlist

Closed

Opened October 15, 2024

Closed October 25, 2024

Apply: Online

Applications were open to all 18-year-olds meeting HUD income limits. A total of 7,500 applications were randomly selected; submitting multiple applications could result in disqualification.

Last verified February 24, 2026

Section 8 (HCV) Waitlist

Closed

Opened February 5, 2024

Closed February 19, 2024

Apply: Online

5,000 applications were randomly selected, with preferences for terminated due to insufficient funding, displacement by natural disaster or government action, homeless, veterans, mainstream, and Miami-Dade County residency.

Last verified February 13, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units

463

Fair Market Rent - Miami-Dade County, FL

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

Bedrooms	FMR
Studio/Efficiency	$1,683
1 Bedroom	$1,884
2 Bedroom	$2,324
3 Bedroom	$3,027
4 Bedroom	$3,589

Income Limits - Miami-Dade County, FL

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $19,000
Very Low (50%): $31,650
Low (80%): $50,650

2 Persons

Extremely Low (30%): $21,700
Very Low (50%): $36,200
Low (80%): $57,850

3 Persons

Extremely Low (30%): $24,400
Very Low (50%): $40,700
Low (80%): $65,100

4 Persons

Extremely Low (30%): $27,100
Very Low (50%): $45,200
Low (80%): $72,300

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $48,850
Low (80%): $78,100

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $52,450
Low (80%): $83,900

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $56,050
Low (80%): $89,700

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $59,700
Low (80%): $95,450

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$19,000	$31,650	$50,650
2 Persons	$21,700	$36,200	$57,850
3 Persons	$24,400	$40,700	$65,100
4 Persons	$27,100	$45,200	$72,300
5 Persons	$31,040	$48,850	$78,100
6 Persons	$35,580	$52,450	$83,900
7 Persons	$40,120	$56,050	$89,700
8 Persons	$44,660	$59,700	$95,450

Tax Credit Program Details

Year Placed in Service

8888

Low-Income Units

463 / 463

Frequently Asked Questions

What is the average rent for affordable housing in Miami, FL?+

The Fair Market Rent (FMR) for Miami-Dade County, FL is: $1683 (Studio), $1884 (1BR), $2324 (2BR), $3027 (3BR), $3589 (4BR). Actual rent at subsidized properties like Park Place by the Bay is typically 30% of household income or less.

What are the income limits for affordable housing in Miami-Dade County, FL?+

For a 4-person household in Miami-Dade County, FL, the income limits are: Extremely Low Income (30% AMI): $27,100, Very Low Income (50% AMI): $45,200, Low Income (80% AMI): $72,300. These limits are set by HUD and updated annually.

Who manages Park Place by the Bay?+

Park Place by the Bay is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Park Place by the Bay?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

How do I apply for housing at Park Place by the Bay?+

Park Place by the Bay is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Begin Application Now