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Pinnacle Real Estate Group – FL

11920 NW 27th Avenue, Miami, FL 33167 (MLS# A11914764)

11920 NW 27th Avenue, Miami, FL 33167

$7,900,000
Property Type: Commercial Sale Square Footage: 14,429 Status: Active
Current Price: $7,900,000 List Date: 11/25/2025 Last Modified: 9/15/2026

Overview

Description

Welcome to 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 2 ...

Listing Details MLS# A11914764

General Property Information

Number Of Buildings
Yes
Property Sub Type
Mixed Use
Occupant Type
Vacant
Building Area Main
14429
Year Built
1994
Lot Size Area
60168
Lot Size Acres
1.38

Property Features

Building Features: Free Standing Location of Property: City Location; Near Airport; Other Possession: Close Of Escrow; Negotiable Listing Terms: Cash Security Features: Fire Sprinkler System; Smoke Detector(s)

Contract Information

Comp Sale YN
No
Original List Price
9750000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
11920
Street Direction Prefix
NW
Street Name
27th
Street Suffix
Avenue
City Name
Miami
Municipal Code
30
State Or Province
FL
Postal Code
33167
Postal Code +4
2650
Area
2210
Parcel Number
3021280280961
Subdivision Number
28
Zoning
6174
Flood Zone
X

Financial Information

Tax Annual Amount
50846
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

Status Change Information

Major Change Timestamp
2026-02-26T05:23:55Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-02-26T05:23:55Z
Status Change Date
2025-11-26

More Information

Building and Property Details

# Of Bays
Yes
# Of Loading Docks
Yes

Price Calculations

Current Price To SqFt
547.5

Section Details

Parcel Number MLX
0961

Originating Details

Originating System Key
423245641
Originating System ID
M00000151
IDX
Listing Office: LA PREMIERE Realty
Last Updated: September - 15 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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