Virtual TourMap

For SaleMixed UseActive

11920 NW 27th Ave

Miami, FL 33167

$7,900,000

346 Days On Site

  • 14,429Sq Ft
  • $548Per Sq Ft
  • 1.3813Acres
  • 1994Built
County
Miami-Dade
MLS®
A11914764

Overview

Welcome to 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.

Listing Snapshot

Price
$7,900,000
Days On Site
346 Days
Bedrooms
N/A
Inside Area (SqFt)
14,429 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
0
Lot Size
1.3813 Acres
Year Built
1994
MLS® Number
A11914764
Status
Active
Property Tax
$50,846
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

Property Details

General Features

6 items
Levels
One
Property Sub Type
Mixed Use
Security
Fire Sprinkler System, Smoke Detector(s)
SqFt Total
14,429
Style
Detached
Zoning
6174

Community Features

2 items
MLS Area
21
Financing Terms Available
Cash

Location

11920 NW 27th Ave, Miami, FL 33167 · 21

$12M$10M$10M
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Neighborhood & Commute

ZIP Code 33167

Median household income
$48,823
Income per person
$20,411
Households
7,249
Average household size
3.11
Median age
38.1

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Price changed to $7,900,000
  3. Status changed to Active
  4. Listing first seen on site

Friends & Family

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Listing courtesy of LA PREMIERE Realty (305) 927-8103

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-05 09:53 PM EST

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