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Income/MultiFamily - PLAT NO 1 OPA LOCKA for Sale

1240 SESAME ST, OPA-LOCKA, FL 33054

Asking Price$1,150,000

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  • Days on market:

    183 day(s)
  • Original Price:

    $1,150,000
  • Tax Legal Description:

    21 52 41 PL NO 1 OPA LOCKA PB 25-44 LOTS 9 & 10 BLK 13 LOT SIZE 11900 SQUARE FEET OR 21025-2618 0194 4
  • Tax Year:

    2024
  • Property Type:

    Income/MultiFamily
  • Waterfrontage (sqft):

    300
  • Lot Features:

    City Location Urban Area Development Less Than 1 Acre

Description

$1,150,000

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.

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