Poah Landowner Pulls Permits for 60 Units on SW 216th St

The two permits sit on one parcel, folio 3060070170010 in the Property Appraiser’s records, and are split by building. That is a common way to phase a garden-style or low-rise apartment campus: each building gets its own permit, valuation and inspection track.

The numbers

Permit 2027007124 covers 10885 SW 216th St. It is a new three-story, 36-unit building of 34,719 square feet, valued at about $13.64M, or roughly $393 per square foot.

Permit 2027007129 covers 10881 SW 216th St. It is a new three-story, 24-unit building of 25,906 square feet, valued at about $5.90M, or roughly $228 per square foot.

Combined, that is 60 units, about 60,625 square feet and $19.5M in declared construction value. The gap in cost per square foot between the two buildings is wide. The county valuation is the applicant’s declared figure, so it should not be read as a total project budget, and the permit record does not say why the larger building is valued so much higher per foot. Both are classed as commercial multifamily, new construction.

The records do not show financing, an affordability restriction, a rent structure or a delivery date.

What’s next

Watch for the remaining buildings on the same parcel to be permitted, since the building label on the first permit reads “building #1” and a campus of this kind often follows with more. Also watch for a construction loan or mortgage recorded with the Clerk, which would show the capital behind the project, and for unit mix and rent details once leasing begins. For the cost side of the pipeline, see our multifamily coverage.