LA PREMIERE Realty proudly presents North Central, a prime free-standing building with a drive-thru on a 60,168 sq.ft lot and ±14,040 sq.ft building. Zoned UC-MM | Core, the property offers exceptional mixed-use development potential, allowing 125 units per

11920 NORTH WEST 27TH AVE, Miami

$7,900,000 USD
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Address11920 NORTH WEST 27TH AVE, Miami
Type of PropertyMixed Use
Business LocationCity Location,Near Airport,Other Location
Property StyleMixed Use
Price$7,900,000
Previous Price$9,750,000 (35 days ago)
Property StatusActive
MLS NumberA11914764
Property Size60168
Lot Size60168
Year Built1994
Folio Number30-21-28-028-0961
Zoning Information6174
Days on Market127

Detailed Description: LA PREMIERE Realty proudly presents North Central, a prime free-standing building with a drive-thru on a 60,168 sq.ft lot and ±14,040 sq.ft 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 a

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33167
Address11920 NORTH WEST 27TH AVE
Business LocationCity Location,Near Airport,Other Location
Section28
Zip Code (4 Digits)2650
Financial Information
Price$7,900,000
Price per Foot$0
Previous Price$9,750,000
Folio Number30-21-28-028-0961
Tax Amount$50,846
Possession InformationFunding
Full Descriptions
Detailed DescriptionLA PREMIERE Realty proudly presents North Central, a prime free-standing building with a drive-thru on a 60,168 sq.ft lot and ±14,040 sq.ft 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 a
Property parameters
Living Area60168
Lot Size60168
Total Acreage0.000
Zoning Information6174
Maximum Leasable Size60168
Year Built1994
Type of PropertyMixed Use
StyleMixed Use
Stories Number1
Street DirectionNorth West
Listed withLA PREMIERE Realty