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
...
(Read more)
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 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.
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
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.
