11920 27th Ave ,Mixed Use, Free Standing for Sale & Rent

11920 27th Ave for Sale & Rent

Price $9,750,000.00

• Lot size 60168
• Year Build 1994
• Waterfront
• Zip 33167
• Style
• Parking Description
• Pool Yes
• Status Active

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.

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

City Location, Near Airport, Other Location

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.

City:Miami,Zoning:6174,List A O R:A-Miami Association of REALTORS,Stories:1,Latitude:25.8833164,List Price:9750000,Listing Id:A11914764,Longitude:-80.2438622,Mls Status:Active,Ownership:Corporation,Year Built:1994,Postal Code:33167,Street Name:27th Ave,Coordinates:1:25.8833164,Lot Features:1:Near Airport,2:Other Location,Photos Count:20,Days On Market:23,Lot Size Units:Square Feet,M I A M I R E_ Area:21,On Market Date:2025-11-25,Parcel Number:30-21-28-028-0961,Property Type:Commercial Sale,Stories Total:1,Street Number:11920,Public Remarks: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.,County Or Parish:Miami-Dade County,Expiration Date:2026-05-26,Frontage Length:105,List Office Name:LA PREMIERE Realty,Standard Status:Active,Living Area Units:Square Feet,M I A M I R E_ Last Use:Development Site,M I A M I R E_ Num Bays:1,Major Change Type:New,Postal Code Plus4:2650,Property Sub Type:Mixed Use,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:50846,Unparsed Address:11920 NW 27th Ave, Miami FL 33167,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Security Features:1:Fire Sprinkler System,Building Area Total:14429,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:60168,M I A M I R E_ Flood Zone:X,M I A M I R E_ For Sale Y N:1,Number Of Buildings:1,Original List Price:9750000,Public Survey Range:21,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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.,Listing Contract Date:2025-11-25,Originating System I D:miamire,Public Survey Section:28,Street Number Numeric:11920,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,M I A M I R E_ Current Price:9750000,Public Survey Township:21,M I A M I R E_ Municipal Code:30,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:North Central, a mixed-use development potential, allowing 125 units per acre, 15 stories, 325 +/- units..,M I A M I R E_ Num Loading Doors:1,M I A M I R E_ Parcel Number M L X:0961,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.883359$-80.243675$76.80$13.33$1.00$CAoSF0NJSE0wb2dLRUlDQWdJREM1clg1N2dF,Contract Status Change Date:2025-11-25,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:28,M I A M I R E_ Environmental Audit:Phase 1,M I A M I R E_ Agent Alternate Phone:305-927-8103,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:11920 NW 27th Ave,Internet Automated Valuation Display Y N:1,