11920 NW 27th Ave new

Miami,FL 33167

$ 9750000

- Bed

0 Bath

14429 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 14,429 sqft

Price per Sqft $675

MLS Listing ID A11914764

Style Detached

HOA Y/N No

Year Built 1994

Annual Tax Amount $50,846

Lot Size 1.381 Acres

Lot Dimensions 105

Property Sub-Type Mixed Use

Property 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 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.

Location

State FL

County Miami-dade

Area 21

Exterior

Private Pool Yes

Building

Story 1

Architectural Style Detached

Level or Stories One

Others

Tax ID 30-21-28-028-0961

Ownership Corporation

Security Features Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash

Listing Terms Cash

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