33054 Zip Code Lands For Sale

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$1,440,000

2070 Ali Baba Ave, Opa-Locka, FL 33054

MLS# A11719297

Land

0.0%

9,375 Sqft

Lot

Incredible investment opportunity – thriving opa-locka neighborhood this multifamily property offers a prime opportunity in the rapidly growing opa-locka area, benefiting from significant demographic improvements driven by migration from hialeah and surrounding neighborhoods. - unit mix: - 6 units: 2-bedroom, 1-bath - 2 units: 1-bedroom, 1-bath - additional features: - on-site laundry room - renovated and well-maintained units - recent sales in the area have reached $180k per door - positioned at an attractive 9% proforma cap rate this property combines strong rental income potential with the promise of continued appreciation in a thriving market.

Fausto Commercial Realty Consultants Inc

$1,150,000

1240 Sesame St, Opa-Locka, FL 33054

MLS# A11715642

Land

0.0%

11,900 Sqft

Lot

1240 sesame st is a 11,900 sf covered land opportunity, zoned for up to 10 apartment units, in the historic community of, opa locka, fl the property is priced at "land-value" as it is in disrepair and only partially occupied. There may be some miami-dade county as well as city of opa locka cra grant funding available under their affordable/workforce housing and historic preservation programs. The property can be approached as a cra-supported historic restoration or a covered-land opportunity where 10 to 12 new apartment units may be redeveloped under certain criteria to include a workforce component and honoring the historic moorish-themed architecture. A 501c3 may be an appropriate ownership entity for access to grants.

Ronald N Sadaka R.E Broker