Plat No 1 Opa Locka Multifamily For Sale
1240 Sesame St, Opa-Locka, FL 33054

$1,150,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11715642
  • Virtual Tour: YES
  • List Price: $1,150,000
  • Taxes:$12,952
  • Listing Date:January 2, 2025
  • Days On Market:185

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


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker