11920 NW 27th Ave
Miami, FL, 33167 $ 9,750,000
Bedrooms-- Baths-- Sq 14,429 Monthly Estimate*
$ 60,032
for $9,750,000. This 14,429 square foot building was built in 1994.
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.
See more
FeaturesGeneralPossession Closing & Funding Close Of Escrow
Architectural Style Detached
Security Features Fire Sprinkler System Smoke Detector(s)
Year Built 1994
Stories Count 1
Levels One
Property Subtype Mixed Use
Ownership Corporation
County Miami-Dade
Property Type Commercial Sale
Status Active
City Miami
Zoning Description 6174
MLS Area 21
Lot Size Units Square Feet
Lot Size Square Feet 60168
Listing Terms Cash
Tax Annual Amount 50846
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11914764
Standard Status Active
Occupancy Type Vacant
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
See more
ExteriorLot Size Area 60168
Number of Buildings 1
Building Area Total 14429
Lot Dimensions 105
Covered Spaces 0
See more
* Excluded FeaturesList Bymauricio@fernandezflorida.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $60,032
- Monthly Property Taxes
- $4,237
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Miami, FL
Average List Price $2,104,109
Percent of Sale Price 78%
About Miami, FL 450,829 Population
25% Since 2002
$ 39,267 Median Income
40.58 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/26/2025 | $9,750,000 | | Listed Price |