$7,900,000

11920 NW 27th Ave, Miami FL 33167

Mixed Use
Built in 1994
60,168 Square Feet lot
93 days on market

About this property

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.

Property Details

Exterior

  • Lot Features: City Location | Near Airport | Other Location
  • Waterfront: No

Interior

  • Building Area Total: 14429
  • Stories: 1

Location

  • City: Miami
  • County: Miami-Dade County
  • State: FL
  • Road Frontage (Length/Type): 105
  • Zoning: 6174

Construction

  • New Construction: No

Public Info

  • Lot Size: 60,168 Square Feet
  • Year Built: 1994
  • APN: 30-21-28-028-0961

Tax Information

  • Annual Tax Amount: $50,846

Price History

2/26/2026 Listed for Sale
Source: Miami REALTORS®
$7,900,000
9/2/2020 Sold
Source: Miami REALTORS®
$3,270,000
$226/sqft

Walk Score

Walk Score
46
Walk Score®
Car-Dependent
Transit Score
0
Transit Score®
Full Walk Score
Bike Score
51
Bike Score®
Bikeable
Kevin McCarthy
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor






    By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.






      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.