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Investment Highlights

  • 30,868 SF site | 1.5 city blocks | 4 folios (consistent zoning)
  • Outstanding frontage on NW 27th Avenue with 36,000 VPD
  • North folio available separately for $700,000
  • Liberal commercial zoning + zoning overlay allows mixed-use up to 150 units/acre
  • Directly across from new Wellspring Apartments (99-unit senior living)

Executive Summary

Compass Commercial presents a rare 30,868 SF development assemblage spanning 1.5 city blocks with direct frontage along high-traffic NW 27th Avenue in Opa-Locka. The site consists of four contiguous folios within a zoning overlay that dramatically boosts density, allowing for up to 150 residential units per acre — translating to over 100 units on this parcel. The flexible zoning accommodates a variety of commercial uses, making the property equally compelling for a mixed-use multifamily project, a retail strip center, or high-demand pads such as a drive-thru restaurant, car wash, or quick-service concept. With strong population growth in the surrounding trade area and limited new development, the property is ideally positioned to capture both residential absorption and daily commercial demand. Seller financing is available with 40% down at 8%, creating a unique opportunity for developers or investors to control a prime corridor site with multiple exit strategies and significant upside potential.

Property Facts

Price $2,085,870 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • General Freestanding
  • Restaurant
Total Lot Size 0.71 AC
Zoning B-1/B-2 - B-2 Zoning allows flexible commercial uses with overlay boosting density to 150 units/acre—ideal for mixed-use, multifamily, or retail pads.

1 Lot Available

Lot

Price $2,085,870 CAD
Price Per AC $2,937,845.19 CAD
Lot Size 0.71 AC

Prime 30,868 SF corner assemblage spanning 1.5 city blocks with direct NW 27th Ave frontage. Flexible zoning and density overlay allow up to 150 units/acre, ideal for mixed-use, multifamily, retail, or drive-thru development in a high-growth corridor

Description

Compass Commercial is pleased to offer a prime 30,868 SF development site with dominant frontage on NW 27th Avenue in Opa-locka. The assemblage spans 1.5 city blocks across four contiguous folios with consistent commercial zoning allowing for retail, drive-thru, car wash, or mixed-use development. Zoning overlay permits up to 150 residential units per acre, offering exceptional density and flexibility. Located directly across from the newly delivered Wellspring Apartments (99-unit senior housing), the site benefits from strong nearby demand drivers and continued growth in the immediate trade area. With exposure to 36,000 vehicles per day on NW 27th Avenue, the property offers superior visibility, traffic counts, and access. Seller financing available. North folio available separately for $700,000. Rare opportunity to control a sizable, high-visibility development site with liberal zoning and multiple exit strategies in a rapidly evolving corridor. HD-VIDEO: https://youtu.be/pklvk5vivgU

Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 08-2121-002-0660
  • 08-2121-002-0680
  • 08-2121-002-0530
  • 08-2121-002-0670
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$692,413 CAD
  • Listing ID: 27697422

  • Date on Market: 2023-02-07

  • Last Updated:

  • Address: 14780-14837 NW 27th Ave, Opa-locka, FL 33054

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