North Miami approves sale of portion of NW 120th Street at 90% of highest appraisal

The North Miami City Commission voted to approve the vacation, abandonment and sale of a roughly 200‑lineal‑foot portion of Northwest 120th Street (between NW Seventh Avenue and I‑95) to the adjacent property owner on terms that set the sale price at 90% of the highest appraisal. Staff presented two appraisals — $720,000 and $700,000 — and the commission approved the sale at 90% of the highest appraisal (90% of $720,000 equals $648,000) during the Aug. 26 meeting.

Development Services staff explained the applicant owns the parcels abutting the section and proposed an arched entry leading to a parking/gathering area with a fountain and space for markets and events. Staff noted the proposal aligns with Northwest Seventh Avenue design guidelines intended to create gathering places at termini near I‑95.

Under the motion the buyer must pay the agreed amount to the city (payment is a condition of approval), execute conveyance documents prepared by the city attorney, provide any required easements, and unify the parcel within 45 days of adoption. Staff said the charter requires two appraisals and prohibits sale for less than 90% of appraised value; the commission retains discretion to set the final price at or above that floor.

Mayor D'Soumeh moved approval at 90% of the highest appraisal; Councilman Charles seconded. The motion carried 5-0. The city attorney clarified that council can set a specific price or leave negotiation authority with the city manager; the council opted to fix the sale at 90% in this case.

Less critical details: staff will prepare the deed and closing documents; final conveyance is contingent on payment and title/easement conditions.