1240 Sesame St Opa-Locka FL 33054 MLS #A11715642
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

Price:
$1,150,000
MLS #:
A11715642
Status:
Active
Beds:
0
Baths:
0
Address:
1240 Sesame St
Type:
Single Family
Subtype:
Income/MultiFamily
Subdivision:
PLAT NO 1 OPA LOCKA
Neighborhood:
Plat No 1 Opa Locka
City:
Opa-Locka
Listed Date:
Dec 30, 2024
State:
FL
ZIP:
33054
Lot Size:
11,900 sqft / 0.27 acres (approx)

Schools

Interior

Exterior

Financial

Net Operating Income
$171,000
Tax Year
2024
Taxes
$12,952

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