Mixed use property in 11920 NW 27th Avenue, Miami, FL 33167 for sale with MLS# A11914764
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 spacesThis 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.
11920 NW 27th Avenue, Miami, FL 33167
- Price:
- $7,900,000.00
- Original List Price:
- $9,750,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Mixed Use
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- February 26, 2026 5:23 am
- Built-Up Area:
- 14,429 Sqft
- Lot Size Acres:
- 1.38
- Security:
- Smoke Detector(s), Fire Sprinkler System
- Building:
- Free Standing
- Year Built:
- 1994
- Number of Buildings:
- 1
- Flood Zone Code:
- X
- Tax Annual Amount:
- $50,846.00
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash
- Buyer Possession:
- Negotiable, Close Of Escrow
- Tax Legal Description:
- SEABOARD IND PARK 8TH ADDN PB 142-57 PORT OF LOT 468 DESC COMM AT NE COR OF LOT 468 TH SELY AD 105.55FT S 03 DEG E 145.60FT FOR POB CONT S 0
- Real Estate Folio Number (Parcel Number):
- 3021280280961
- Zoning:
- 6174
- Active on the market since:
- November 25, 2025
- Listing Agreement executed on:
- November 25, 2025
- Price change occurred on:
- February 26, 2026 5:23 am
- Listing Status Last Changed On:
- November 25, 2025 3:49 pm
- Photos updated on:
- May 12, 2026 5:03 pm
- Last Modified:
- May 12, 2026 5:03 pm
- Courtesy of:
- LA PREMIERE Realty
- Attribution:
- Not provided
- Street Name:
- 27th
- Street Number:
- 11920
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33167
- County:
- Miami-Dade
- Latitude:
- N25° 53' 0.2''
- Longitude:
- W81° 45' 22.5''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- NW
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Ver la propiedad 11920 NW 27th Avenue, Miami, FL 33167
