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.
- Security
- Architectural Style
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33167
- Street:
- 11920 Nw 27th Ave, Miami, Florida 33167
- Longitude:
- W81° 45' 22.1''
- Latitude:
- N25° 52' 59.7''
- Building Area:
- 14,429 Sqft
- Cumulative DOM:
- 23
- DOM:
- 77
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash
- LotSize Dimensions:
- 105
- Parcel Number:
- 30-21-28-028-0961
- Tax Annual Amount:
- $50,846
- Virtual Tour:
- Click Here
Commercial Sale For Sale
11920 Nw 27th Ave, Miami, Florida 33167, Miami, Florida 33167
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $9,750,000
- Year Built :
- 1994
- Lot Area :
- 60,168 Sqft
- MLS # :
- A11914764
- Property Sub Type :
- Mixed Use
