1240 Sesame St Active

Opa Locka,FL 33054

$ 1150000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Plat No 1 Opa Locka

MLS Listing ID A11715642

Annual Tax Amount $12,952

Tax Year 2024

Lot Size 0.270 Acres

Property Sub-Type Multi Family

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.

Location

State FL

County Miami-dade

Community Plat No 1 Opa Locka

Area 21

Exterior

Utilities Available Cable Available,Electricity Available,Sewer Available,Water Available

Building

Lot Description <1 Acre

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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