$7,900,000

11920 NW 27th, Miami FL, 33167

Price per sqftN/A

Built in1994

Property typeCommercial

Courtesy of Mauricio Fernandez Piqueras with LA PREMIERE Realty

Overview

Active

Listed Nov 26, 2025

Updated Sep 16

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 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

Additional information

MLS^® ID: A11914764

Interior Features

Basement: No

Exterior Features

Lot Size: 1.38 Acres

Other Property Details

Taxes: $50,846
Tax Frequency: Annually

Courtesy of LA PREMIERE Realty, Mauricio Fernandez Piqueras,
Listing Contact: 305-927-8103

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 9/16/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 3:16 PM UTC, 9/16/2026