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July 27, 2026 CONDITIONAL BID Miami, FL · PM-EVN0049658

Miami-Dade County wants one firm to run 1,784 units for seven years

Thirty-four County-owned housing assets across six municipalities, bundled into a single award with no partial bid and no fee escalator. The eligibility gates are documentary, and the incumbent already holds the paperwork.

Awarded Capital podcast cover
Units
1,784
34 housing assets
Term
7 years
84 months, no renewal option
Contract Value
Not stated
% of rent collected
Price Weight
10 pts
of 100 total
Listen on Apple Podcasts Spotify YouTube
Awarded Capital, Miami-Dade County HCD episode

The Portfolio

What the County is actually handing over

Miami-Dade County, through its Department of Housing and Community Development, is soliciting third-party management for 34 County-owned housing assets totaling 1,784 units. Thirty of them draw federal subsidy through HUD Housing Assistance Payment contracts. The rest layer HUD 202/PRAC and 811/PRAC, IRS Section 42 LIHTC, FDIC Affordable Housing, HOME, SAIL, SHIP, Surtax, GOB, and NSP.

The portfolio is uneven in a way that matters for staffing. Lakeside Towers alone carries 384 units across eight five-story buildings. Fifteen assets carry fewer than 40 units. Four are scattered-site developments: townhouses in Wynwood, single-family homes in Goulds, duplexes in Perrine, and townhomes off Douglas Road, where a maintenance tech spends the day driving.

The scope sets specific operating requirements. One Regional Property Supervisor per 300 to 600 units. Emergency repairs closed within 24 hours. Vacant units ready in 15 days, backed by liquidated damages. Compliance fees and lost HAP funds passed straight through to the manager.

Complexity Flags

The three things that decide whether this is worth pursuing

All or nothing, for seven years, with no escalator

Proposals must cover every one of the 34 assets. There is no partial bid and no way to decline the hardest buildings. The Management Fee is a percentage of collected rent, quoted per property, and it is guaranteed for the full 84-month term including any extension. It must absorb all out-of-pocket costs, all off-site and corporate staffing, and the County's Oversight Fee. Insurance and utility escalation across that seven-year window lands entirely on the manager.

Eligibility is documentary, not narrative

A firm cannot talk its way in. The County requires active IREM AMO and CPM accreditation, a named reference client with a 3,000-unit affordable portfolio under active management, twelve months of NSPIRE results averaging at least 80 points, identified by development name, twelve months of MOR reports, three years of REAC reports, proof of twelve HAP vouchers billed and funded in the correct month, and a HUD-approved Budget Based Rent Increase on a 202/PRAC or 811/PRAC asset. Every one of those is a document that either exists on the shelf or does not.

The downside is transferred, the upside is capped

HCD will not fund deficits, a deficit may not be allowed to degrade service, and a deficit is grounds for termination at the County's sole discretion. Compliance fees and lost HAP funds from any monitoring, PBCA, or NSPIRE-V finding are reimbursed to the County in proportion to each finding. Liquidated damages equal to vacancy loss apply when a unit is not ready in 15 days. Meanwhile the manager's revenue is fixed at a percentage of rent collected on a deeply subsidized portfolio.

Bottom Line

The verdict, and who it applies to

Conditional Bid

This is a defensible incumbent on a portfolio the County has publicly committed to fixing. Public records identify Royal American Management, Inc. as Miami-Dade County's managing agent for these assets, an AMO-accredited operator that already clears the minimum qualification and already holds the property-level inspection history the scoring rewards.

The path to displacement is documentary. Sixty of the 100 points sit on demonstrated experience and named personnel. Price carries ten, and it is scored subjectively rather than by lowest-price formula, so undercutting the field buys almost nothing and invites the obvious question about whether the number can staff the buildings for seven years. There are no preference points to lean on. Local Preference, the SBE Selection Factor, and the Veteran Business Enterprise Preference are all unavailable because of the federal funding, which means a Miami firm and an out-of-state firm start level.

Bid if you are an AMO-accredited affordable-housing operator with a Florida or Southeast footprint, 3,000-plus units under management, a clean federal inspection record, and an enterprise platform already in production. Pass if you manage conventional multifamily, HOA, or single-family rentals, or if you cannot produce twelve months of NSPIRE scores at 80 or better on demand. There is a consolation prize worth taking either way: the County intends to pre-qualify a separate Property Management Pool for work-order assignments and additional properties.

Portfolio Map

34 assets, six municipalities, roughly 45 miles from the northernmost site to the southernmost

Federal / HUD HAP Non-Federal Coming soon

Marker positions are approximate, derived from the addresses printed in the solicitation. Six clusters:

West Dade: Tamiami / Kendall 5 assets · 665 units
HUD PBS8 Non-Federal Mixed Income

The revenue center. Lakeside Towers and Park Lake sit on the same block of SW 152nd Avenue and account for 466 units between them, over a quarter of the portfolio. The pre-proposal conference is held here for a reason.

  • Lakeside Towers: 384 units, eight 5-story buildings
  • Park Lake Apartments: 82 units, nine 1-story buildings
  • Gran Via: 104 units, elderly
  • No Place Like Home (Southern Anchor): 72 units, homeownership component
  • Senator Villas: 23 units, elderly
Central Miami: Downtown / Little Havana / Wynwood 7 assets · 358 units
HUD PBS8 Elderly / Disabled

Dense, elevator-served, heavily elderly. Little Havana I and Riverside carry 75 units each. Wynwood is scattered-site townhouses and duplexes, a different staffing problem entirely.

  • Singer Plaza: 100 units · Riverside Apts: 75 · Little Havana I: 75
  • Wynwood (scattered site): 40 · Edificio Pineiro: 34 · Edificio Camacho: 24
  • Southside Residences: 10 units above an operating school
Miami Beach 12 assets · 316 units
Elderly / Disabled HUD PBS8 Non-Federal

The former Miami Beach CDC portfolio. Twelve small buildings, none larger than 39 units, spread from South Beach to 79th Street. Highest political visibility and the documented deferred-maintenance history.

  • The Allen: 39 · Villa Matti: 36 · Villa Maria: 34 · Meridian Place: 34
  • The Michigan I & II: 27 · The Jefferson: 27 · The Shelbourne House: 24
  • Westchester: 24 · The Pennsylvania: 20 · Fernwood: 18 · Madison: 17 · Crespi Park I–III: 16
South Dade: Perrine / Goulds / Homestead / Florida City 5 assets · 259 units
HUD PBS8 Non-Federal

The longest drive and the most dispersed housing types. Perrine Rainbow and Goulds Homes are subdivision-style duplexes and single-family homes, where every work order is a separate trip.

  • Perrine Rainbow: 64 units, duplex townhomes
  • Milton Manor III: 60 · Gateway Apartments: 57 · Goulds Homes: 48 · Leisure Villas: 30
North Dade: Opa-locka / Miami Gardens 3 assets · 97 units
HUD PBS8 Coming Soon

Includes the only asset not yet in service. Magnolia North is a mixed-use building with housing on the second and third floors, listed in the solicitation as new and coming soon, a lease-up rather than a takeover.

  • Miami Gardens Apts: 45 · Ingram Terrace: 40 · Magnolia North: 12 (future)
Coconut Grove 2 assets · 89 units
HUD PBS8 Elderly
  • Gibson Plaza: 65 units, elderly, 3-story
  • Coconut Grove Homes: 24 units, scattered-site townhomes

Key Dates

Three of these are missing from the solicitation entirely

MilestoneDateStatus
Draft solicitation posted for industry commentDecember 16, 2025Past
Solicitation packet issuedJuly 24, 2026Past
Pre-proposal conference at Lakeside Towers clubhouseAugust 5, 2026, 11:00 AMUpcoming
Site visits: Lakeside Towers, Senator Villas, Gran ViaAugust 5, 2026, immediately afterUpcoming
Deadline for receipt of questionsNot stated in the RFPVerify
Proposal due dateSee INFORMS. Packet filename indicates August 25, 2026Deadline
Evaluation and Competitive Selection Committee scoringAugust – September 2026Upcoming
Oral presentationsAt Committee optionUpcoming
Projected award dateNovember 2026Upcoming
Written objection to Committee rankingWithin 5 workdays of Coordinator ReportWaiver risk
Insurance certificates dueWithin 10 business days of awardUpcoming
Proposal validity period180 calendar days after openingUpcoming
Service start / mobilizationNot stated in the RFPVerify

The solicitation does not state a proposal due date, a questions deadline, or a service start date. The due date is deferred to the INFORMS portal and the packet filename is the only indication of August 25. Anyone building a work plan should confirm all three with the Procurement Contracting Officer first. One more trap: if you submit and an addendum is later issued, acknowledging the addendum without clicking Submit Proposal again voids the submission.

Scoring Strategy

100 points per Competitive Selection Committee member

Cost is not determinative here. Price is worth ten points and is evaluated subjectively in combination with the technical proposal, not by lowest-price formula. Sixty points sit on demonstrated experience and named personnel, and both of those criteria are scored against documents the County names explicitly, including NSPIRE and MOR results. This is an evidence contest, not a writing contest.

CriterionPointsWhat it actually tests
Relevant experience and past performance in Federal and Non-Federal property management30Explicitly includes above-average NSPIRE and MOR scores
Experience and qualifications of key personnel and subcontractors30Resumes, org chart, certifications; President and Shareholder thresholds
Management plan, methodology, and approach20Eleven sub-elements including sample lease, budget with fee, maintenance plan
Financial capabilities10Certified financials, BBRI documentation, bankruptcy disclosure
Proposed price / Management Fee10Subjective, in combination with the technical proposal

One more scoring mechanic worth knowing: under County Resolution R-321-23, any adverse finding or substantiated allegation from the Office of the Inspector General or the Commission on Ethics and Public Trust within the past seven years, against the proposer or any proposed subcontractor, goes to the Committee and can trigger re-scoring even after evaluation closes. Screen your subs before you name them.

Who Should Bid

The gates, the fit, and the pass

The gates

Active IREM AMO and CPM accreditation on the day of submission. A named client with a 3,000-unit affordable portfolio under active management, with a verifiable contact. A President and at least one Shareholder each with ten years of hands-on experience and an affordable portfolio of at least 1,800 units. Twelve months of NSPIRE results averaging 80 or better, by development name. Twelve funded HAP vouchers. A HUD-approved BBRI on a 202/PRAC or 811/PRAC asset. Active INFORMS supplier registration.

The fit

An AMO-accredited affordable-housing operator with a Florida or Southeast operating base, real HUD PBS8 and 202/811 PRAC compliance depth, CPM leadership, and an enterprise cloud property management platform already running in production. Section 2.4.1 of the scope names the required software capabilities in enough detail that a generic answer reads as non-responsive. The list runs from financial management, leasing, resident operations, compliance modules, BI dashboards with AI forecasting, eSignature, open API, mobile, and source-to-pay.

The pass

Conventional multifamily, HOA, and single-family rental managers should not spend the pursuit cost. Neither should any firm that would have to reconstruct its federal inspection record to respond, or that cannot confirm it can obtain Professional Liability at $1M per claim and Cyber Liability at $1M per occurrence, two coverages that are non-standard for third-party property management and are the most common gap in an otherwise qualified firm's insurance program.

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