Development Site with Approved Mixed-Use
For Sale
Contact for pricing
100 N Perviz Avenue, Opa Locka, FL 33054
Three contiguous parcels with an approved 9-story, 140-unit affordable mixed-use plan and ground-floor commercial space.
Property Size5,380 SF
Lot Size1.09 Acres
Days on Market55
Property Features for 100 N Perviz Avenue
General Information
Standard status
Active
Size
5,380 SF
Total Parking Spaces
191
Lot size
1.09 Acres
Property subtype
Land
Zoning
Historic Downtown Opa-locka District (HDOD)
Investment Type
Redevelopment
Additional Details
Multifamily Units
140
Building Details
Stories
9
Units
140
Listing Agency:
Cushman & Wakefield - Miami, Florida
(305) 613-4507
Listed By:
Virgilio Fernandez · License #SL3397219
Source:
Crexi
Added: Jun 17
Changed: Aug 8
Last Checked: Jul 15 at 8:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - Miami, Florida
Investment Insights
Based on property information with market context.
The offering includes three contiguous parcels at 100, 103, and 111 Perviz Avenue, presented as a fully approved development site. The approved Administrative Site Plan contemplates a 9-story, 140-unit 100% affordable mixed-use residential tower with 5,380 SF of ground-floor commercial space. The development program also includes 191 parking spaces and a total construction area of 168,426 SF.
The project is structured under Florida’s Live Local Act (Senate Bill 102 / Ordinance 2024-21), which provides a 30-year ad valorem tax exemption. The site is also described as located within an active CRA district, with availability of CRA incentives referenced as part of the capital stack.
For buyers and developers, this asset offers an organized path from entitlement to construction with an approved site plan already in place and a defined mixed-use program. The combination of residential units, ground-floor commercial space, and on-site parking supports a versatile end use for an operator or sponsor aligned with the approved 100% affordable concept and program requirements.
The project is structured under Florida’s Live Local Act (Senate Bill 102 / Ordinance 2024-21), which provides a 30-year ad valorem tax exemption. The site is also described as located within an active CRA district, with availability of CRA incentives referenced as part of the capital stack.
For buyers and developers, this asset offers an organized path from entitlement to construction with an approved site plan already in place and a defined mixed-use program. The combination of residential units, ground-floor commercial space, and on-site parking supports a versatile end use for an operator or sponsor aligned with the approved 100% affordable concept and program requirements.
Key Highlights
- Three contiguous parcels totaling approx. 1.09 gross acres at 100, 103, and 111 Perviz Avenue (Opa‑locka).
- Fully approved Administrative Site Plan for a 9‑story, 140‑unit 100% affordable mixed‑use residential tower.
- Includes 5,380 SF of ground‑floor commercial space in the approved development plan.
Property Analytics
Property Profile
Current Use
Lease Details
140
Residential units
Location Intelligence
Trade Area within ½ mile
964
Businesses Nearby
Explore this area
Business Placement
Demographics for 33054, FL
30,352
Population
10,263
Households
3
Avg Household Size
37
Median Age
10%
College-Educated
75%
High-School Grad
8.4 sq mi
ZIP Area
3,613
Density / Sq Mi
$42,779
Median Household Income
$31,147
Median Earnings
$1,346
Median Rent
$291,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Three contiguous parcels with an approved 9-story, 140-unit affordable mixed-use plan and ground-floor commercial space.
Where is this residential land & home lot located?
The property is located at 100 N Perviz Avenue Opa Locka, FL.
What are key features of this property?
This property features: Three contiguous parcels totaling approx. 1.09 gross acres at 100, 103, and 111 Perviz Avenue (Opa‑locka).; Fully approved Administrative Site Plan for a 9‑story, 140‑unit 100% affordable mixed‑use residential tower.; Includes 5,380 SF of ground‑floor commercial space in the approved development plan.
