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
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
- Listing updated with changes from the MLS®
- Price changed to $7,900,000
- Status changed to Active
- Listing first seen on site
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