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11920 27th

Miami|, Miami, FL 33167
$7,900,000
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33167 / Miami / FL

Property Highlights

Active
Property Type Commercial Sale
Sub-Type Mixed Use
Year Built 1994
Community Miami|

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 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.

About This Commercial Sale in Miami

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Property Information

Facts & Features

Listing Details
StatusActive
Property TypeCommercial Sale
Property Sub-TypeMixed Use
OwnershipCorporation
MLS ID20251126154946113122000000
Interior
Bathrooms0.00
Exterior
Community & HOA
CommunityMiami|
CountyMiami-Dade
Market Information
List Price$7,900,000
Days on Market204
Year Built1994
Location

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Property Address 11920 27th

Miami, FL 33167

Community Miami|
County Miami-Dade

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