100, 103, 111 N Perviz Ave

About 100, 103, 111 N Perviz Ave

Cushman & Wakefield is pleased to present a rare development opportunity in the heart of historic Opa-locka - one of Miami-Dade County’s most supply-constrained affordable housing markets and an active CRA district experiencing accelerating institutional investment.

The offering encompasses three contiguous parcels totaling approximately 1.09 gross acres at 100, 103, and 111 Perviz Avenue. The site carries a fully approved Administrative Site Plan for a 9-story, 140-unit mixed-use residential tower with 5,380 SF of ground-floor commercial space, 191 parking spaces, and a total construction area of 168,426 SF.

The approved development program is structured under Florida’s Live Local Act (Senate Bill 102 / Ordinance 202421), providing a 30-year ad valorem tax exemption. When combined with an estimated $10M–$15M in available Opa-locka CRA incentives, the project benefits from a highly attractive capital stack and enhanced development economics.