request_info_guest false

Plat No 1 Opa Locka

$1,150,000

1240 Sesame St, Opa Locka, FL 33054

Active
Last Updated: 07/02/2025

171,000

NOI

 
Details:
NOI:    $171,000
Highlights:
  • Lot Features: City Location, Urban Area Development, Less Than 1 Acre
  • Gross Income: 285000
  • Ownership: Sole Proprietor
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.

Map:
Location
Gallery