$7,900,000
11920 NW 27th Avenue
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $7,900,000
- Price per sq ft
- N/A
- Original price
- $9,750,000
- Days on market
- 302
This commercial property in ZIP 33167 is listed at $7,900,000. The asking price has come down 19% from its original $9,750,000. It has been on the market for 302 days.
Estimated monthly payment
$41,518 /mo
Principal and interest only, based on $1,580,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $7,900,000
- Days on Site
- 302 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 14,429 sqft
- Lot Size
- 1.38 Acres
- Year Built
- 1994
- Property Type
- Commercial
- MLS #
- A11914764
- Property Tax
- $50,846
- County
- Miami Dade
- Status
- Active
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.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1994
- Lot Size (Acres)
- 1.38
- Total Sq Ft
- 14,429
- Zoning
- 6174
Exterior Features
- Lot Features
- City Lot / Other
Community & HOA
- Security
- Fire Sprinkler System / Smoke Detectors
- Financing Terms
- Cash
- MLS Area
- 2210
About the Area
Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 9,370
- Under Contract
- 1,779
- Median List Price
- $645,000
- Median Sale Price (September)
- $592,500
- Median $/Sq Ft
- $509
- Avg Days on Market
- 144
Frequently Asked Questions
- How do I schedule a tour of 11920 NW 27th Avenue, Miami, FL 33167?
- Use the Tour button on this listing to request a showing of 11920 NW 27th Avenue, Miami, FL 33167. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 11920 NW 27th Avenue, Miami, FL 33167 still available?
- 11920 NW 27th Avenue, Miami, FL 33167 is currently listed as Active, and has been on the market 302 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 11920 NW 27th Avenue, Miami, FL 33167?
- With 20% down ($1,580,000) on the $7,900,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 11920 NW 27th Avenue, Miami, FL 33167 is about $41,518/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 11920 NW 27th Avenue, Miami, FL 33167?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 11920 NW 27th Avenue, Miami, FL 33167. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 11920 NW 27th Avenue, Miami, FL 33167?
- Often, yes. The right offer on 11920 NW 27th Avenue, Miami, FL 33167 depends on how it's priced against comparable commercial sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of LA PREMIERE Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$7,900,000
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Listed by Mauricio Fernandez Piqueras, LA PREMIERE Realty
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Recent Sales
Recently sold homes in ZIP 33167
These are the last 6 recorded closings in ZIP 33167, with the price each home actually sold for rather than what it was listed at. They closed at a median of $325 per square foot. The most recent closed on October 9, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$465,000
Sold · October 9, 2026
12918 NW 23rd Place
3 bed · 2.5 bath · 1,331 sqft · $349/sqft
$16,000 over the asking price
Sold$205,000
Sold · October 7, 2026
UNICORPORATED NW Unicorporated 22nd Avenue
0 bed · 0 bath
$20,000 under the asking price
Sold$525,000
Sold · October 5, 2026
13415 NW 22nd Avenue
3 bed · 2 bath · 1,616 sqft · $325/sqft
$25,000 under the asking price
Sold$367,000
Sold · October 2, 2026
1847 NW 111th Street
3 bed · 2 bath · 1,594 sqft · $230/sqft
$108,000 under the asking price
Sold$479,000
Sold · October 2, 2026
1680 NW 133rd Street
3 bed · 1 bath · 1,345 sqft · $356/sqft
Sold$526,500
Sold · September 30, 2026
2409 NW 131ST Circle
4 bed · 3 bath · 2,107 sqft · $250/sqft
$1,500 over the asking price
See every recorded sale in ZIP 33167 or find out what your ZIP 33167 home is worth.
