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33255438
33255439

NW Corner Ali Baba Avenue, Opa Locka, FL 33054

JK
FL 3291155
Compass Commercial
Listed by Compass Commercial
$1,850,000
2 days on market
Updated 2 days ago

NW Corner Ali Baba Avenue

Details
Property Type Land
Sub Type Residential, Commercial (+1)
Lot Size (SqFt) 42,531
Zoning B-2

Signalized Hard-Corner Development Site | 146 Units By-Right | SMART Plan North Corridor | Opa-Locka

Marketing description

NWC Ali Baba Avenue & NW 22nd Avenue presents a rare opportunity to acquire a high-exposure, ±0.98-acre (±42,689 SF) mixed-use development site in the heart of Opa-Locka's Innovation District. This vacant, cleared corner parcel offers ±900 LF of combined frontage along Ali Baba Avenue and NW 22nd Avenue, creating exceptional visibility and dual-street access. Zoned B-2 Commercial Liberal with a Corridor Mixed Use Overlay and Innovation District designation — one of the most permissive envelopes in Miami-Dade — the site supports up to 3.0 FAR and 150 dwelling units per acre by-right, with a 146-unit residential envelope. Because the parcel sits immediately adjacent to Opa-Locka Industrial Park, industrial-commercial mixed-use is also permitted by-right alongside residential, retail, medical, and educational uses, making this a true mixed-use canvas ideal for workforce multifamily, retail/QSR, medical, educational, or flex concepts.

Just minutes from the Palmetto Expressway, I-95, Opa-Locka Executive Airport, and Miami International Airport, the property benefits from strong regional connectivity, the surrounding 1.2M SF Amazon-anchored logistics corridor, planned SMART Plan transit improvements, and growing housing demand. Offered below recent corridor land trades, this is a compelling chance to secure a strategically located development site with significant upside.

Investment highlights

  • ±1.0-acre signalized hard corner at NWC Ali Baba Avenue & NW 22nd Avenue — a rare assembled-size development parcel in the core of Opa-Locka with frontage on both streets.
  • 146 units by-right at 3.0 FAR under B-2 zoning with Corridor Mixed Use Overlay and Opa-Locka Innovation District overlay — entitlements support a density that pencils to submarket rents.
  • Live Local Act eligible, unlocking expedited administrative approval, density and height bonuses, and ad valorem tax abatement pathways without a rezoning.
  • SMART Plan North Corridor — Miami-Dade's #1-priority elevated Metrorail extension along NW 27th Avenue, funded in the FY2026–2030 Transportation Improvement Program — positions the site for transit-oriented value capture.
  • Acute housing supply gap: the submarket is 47.9% renter-occupied, yet only 12.1% of renters live in 20+ unit buildings and the median structure dates to 1959 — deep, undersupplied demand for new multifamily product.
  • Qualified Census Tract, supporting enhanced financing and development incentives.
  • All utilities to site — electric, gas, municipal water, and sewer extended to the parcel.
  • Strategic infill location: ±2 miles to Opa-Locka Executive Airport and Amazon facility, ±10 minutes to Miami International Airport, ±15 minutes to PortMiami.
  • High-visibility traffic counts at a signalized intersection, with strong daily vehicle volumes along the corridor.

Listing Contacts

JK
FL 3291155
Compass Commercial
Listed by Compass Commercial

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Additional Information

Name
Joshua Kaufman
License
3291155
Brokerage
Compass
Title
Director of Commercial Real Estate
Brokerage Address
2550 South Bayshore Drive
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