11920 NW 27th Avenue, Miami, FL 33167
$7,900,000 · $548 per sq ft · Mixed-Use for sale
- Property type: Mixed Use
- Asking price: $7,900,000
- Price per sq ft: $548
- Building size: 14,429 sq ft
- Lot size: 1.38 acres
- Zoning: 6174
- Year built: 1994
- Buildings: 1
- Parcel ID: 3021280280961
- MLS#: A11914764
About this property
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.
Operating Statement
| Property taxes | $50,846/yr |
|---|
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
LA PREMIERE Realty · mauricio@lapremiererealty.com · Listing agent: Mauricio Fernandez Piqueras
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 11920 NW 27th Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 11920 NW 27th Avenue
- How much is 11920 NW 27th Avenue?
- 11920 NW 27th Avenue is listed at $7,900,000, about $548 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is 11920 NW 27th Avenue zoned?
- The listing reports zoning of 6174. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 11920 NW 27th Avenue?
- The listing reports 14,429 square feet of building.
- When was 11920 NW 27th Avenue built?
- 11920 NW 27th Avenue was built in 1994. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 11920 NW 27th Avenue?
- The listing reports annual property taxes of $50,846. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 11920 NW 27th Avenue?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
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