11920 Nw 27Th Ave, Miami, FL

House

For Sale

Listed price in listed location currency (USD).

$7,900,000

000

MLS® A11914764

Overview

Key Facts

Type Mixed Use

Levels Commercial Sale

Size -

Garage

Taxes $50,846

Days Active 139

Lot Size

Approx. Age 1994

MLS® Number A11914764

Property Address: 11920 Nw 27th Ave, Miami, FL, 33167-2650

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® NumberA11914764

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1994

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Nov 26, 2025List Date

$7,900,000List Price

Map

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