1240 Sesame St, Opa-Locka FL 33054

For sale Days on market 183

PLAT NO 1 OPA LOCKA [ Income/MultiFamily ]

$1,150,000

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Overview

0.27 acres

Property Type

Income/MultiFamily

Property Description

Unlock the potential of 1240 Sesame St, a 11,900 sq. ft. covered land opportunity in the historic heart of Opa-Locka, FL, zoned for up to 10-12 apartment units. Priced at land value due to its current state of disrepair and partial occupancy, this property offers a unique chance to invest in a culturally rich community with significant redevelopment potential. Situated in Opa-Locka’s historic district, steps from downtown, the new Community Center, Police Dept, and major amenities like Amazon Warehouse, Opa-Locka Exec Airport, Public Transit, I-95 and Fl Turnpike. Redevelopment Options: CRA-Supported Historic Restoration: Restore the existing four 2-bed/1-bath units, leveraging Miami-Dade County and Opa-Locka CRA grants for historic preservation and affordable/workforce housing.

Property Details

MLS#

A11715642

Building

PLAT NO 1 OPA LOCKA

Address

1240 Sesame St

City

Opa-Locka

State/county

Zip/Postal Code

33054

Area

Plat No 1 Opa Locka

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$12,952

Maint Fee

$--

Tax Year

2024

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