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$9,750,000
2 Days On Site

11920 NW 27th Ave
Miami, FL 33167

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
14,429
SqFt
$676
/SqFt
1994
Built
County:
Miami-Dade

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(786) 206-9077
11920 NW 27th Ave11920 NW 27th Ave11920 NW 27th Ave11920 NW 27th Ave
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LA PREMIERE Realty proudly presents North Central, a prime free-standing building with a drive-thru on a 60,168 SF lot and ±14,040 SF building. Zoned UC-MM | Core, the property offers exceptional mixed-use development potential, allowing 125 units per acre, 15 stories, 325 +/- units as of right, 3–4 floors of parking (no underground required), and commercial retail on the ground floor. The current price per door is approximately $30,000, with significant incentives available under SB-102, reducing the price per door to about $19,500 and allowing an estimated 500 ± units with applicable bonuses. Property highlights include: Clean Phase I Environmental by Dynatech Engineering | Survey less than 3 years old | Completed 40-Year Certification | Brand-new 2024 AC system with warranty |New electrical system |Certified sprinkler systems |76 parking spaces This is a rare, well-positioned development opportunity offering scale, flexibility, and strong long-term value. The property sits at the high-traffic corner of NW 27th Ave and NW 119th St in a dense residential and commercial corridor near major retailers like Marathon, Dollar Tree, Taco Bell, and McDonald's. Nearby amenities include Miami-Dade College North Campus, North Shore Medical Center, Deep End Fitness, and Miami-Opa Locka Executive Airport, with quick access to I-95, FL-924, and the Turnpike. Opa-Locka offers rich Moorish Revival architecture, an active airport, and ongoing CRA-driven redevelopment.

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Listing Snapshot
Price 
$9,750,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
14,429 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
60,168 Acres
Year Built 
1994
MLS® Number 
A11914764
Status 
Active
Property Tax 
$50,846
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayStatus changed to Active
yesterdayListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Levels 
One
Number Of Stories 
1
Property Sub Type 
Mixed Use
Security 
Fire Sprinkler SystemSmoke Detector(s)
SqFt Total 
14429
Style 
Detached
Zoning 
6174
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Community Features
Financing Terms Available 
Cash
MLS Area 
21
Listing courtesy of LA PREMIERE Realty

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Neighborhood & Commute
Source: Walkscore
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