Coconut Grove New Developments 2026: The Complete Guide to Every New Luxury Project

Compass Commercial presents a rare ±30,868 SF development assemblage spanning approximately 1.5 city blocks with an exceptional ±363 FT of combined frontage along heavily trafficked NW 27th Avenue in Opa-Locka. Comprised of four folios positioned along one of Miami-Dade’s primary commercial corridors, the site benefits from a high-density zoning overlay framework with a potential path to up to 150 residential units per acre — allowing for 100+ residential units on the assemblage.

The property offers a unique opportunity to execute a variety of development strategies including affordable or workforce housing, senior living, mixed-use multifamily, neighborhood retail, medical office, or high-demand outparcel concepts such as drive-thru QSR, car wash, automotive, and convenience retail. The site’s scale, visibility, and flexible zoning create the ability to activate the frontage with income-producing retail while maximizing density toward the rear of the assemblage.

With traffic counts exceeding 40,000 vehicles per day, immediate proximity to Hard Rock Stadium, and adjacency to the newly developed 99-unit Wellspring Apartments senior living community, the property is strategically positioned within a rapidly evolving corridor experiencing strong residential growth and increasing commercial demand. Large assemblages with this level of frontage, density potential, and redevelopment flexibility are increasingly difficult to find in Miami-Dade County.