Palermo Lakes §202 Senior Miami, FL
Profile last updated · Data vintage: HUD FY2025
Palermo Lakes is a Section 202 PRAC (Senior Housing) community in Miami, FL with 109 units reporting 100% occupancy. Assisted residents pay about $343/month on average.
109
total units
100%
occupancy
$343
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Section 202 PRAC (Senior Housing) |
|---|---|
| Address | 5311 NW 7th St, Miami, FL 33126 Map → |
| Average household income | $14,140/yr |
| Average personal income | $11,873/yr |
| People per unit | 1.2 |
| Moved in within last year | 5% |
| Households below 30% AMI | 99% |
| Households below 50% AMI | 100% |
| One-bedroom share | 100% |
How to apply at Palermo Lakes
Section 202 PRAC: independent senior living (62+) with income-based rents and on-site service coordination.
- Call or visit the management office at 5311 NW 7th St, Miami; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget (~$343/mo average here).
Other subsidized housing in Miami
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- Site 180 Public Housing
- New Arena Square LIHTC
- Siesta Pointe LIHTC
- Site 140 Public Housing
- Site 130 Public Housing
- Miami Stadium I LIHTC
- Site 361 Public Housing
- Site 110 Public Housing
- Hamlet at Walden Pond LIHTC
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| St Dominic Gardens PB Section 8 | Miami | 0.8 km |
| Residential Plaza at Blue Lagoon LIHTC | Miami | 0.8 km |
| West Dade I LIHTC | Miami | 0.8 km |
| Blue Lagoon Apartments §202 Senior | Miami | 0.8 km |
| Las Palmas Apartments LIHTCPB Section 8 | Miami | 3.4 km |
| Pinnacle Plaza LIHTC | Miami | 3.7 km |
| Smathers Ii LIHTC | Miami | 4 km |
| Smathers Phase One Public Housing | Miami | 4 km |
← All subsidized housing in Miami
Frequently asked questions
What kind of subsidy does Palermo Lakes have?
Section 202 PRAC (Senior Housing). Section 202 PRAC: independent senior living (62+) with income-based rents and on-site service coordination.
How much is rent at Palermo Lakes?
Residents report average rents near $343/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at Palermo Lakes?
Contact the management office at 5311 NW 7th St in Miami. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.