Opa-Locka Residential, 1240 Sesame St

0.27
Acre
Status
OFF MARKETExpired
Size
0.27 Acres (1,106 m2)
Price
$4,259,259/Acre ($1,040/m2)
Type
Land
MLS Number
A11715642
On Site
621 Days
Updated
440 Days ago
Page Views
0
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.

Features

All features
  • Property SqFt: 11900
  • Remarks: 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.
  • Internet Remarks: 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.
  • Waterfront: No info
  • Days on Market: 183
  • Office Name: Ronald N Sadaka R.E Broker
  • Area: 11900
  • Taxes: 12952
  • Tax Year: 2024
  • Listing Date: 2025-01-02T16:56:11.000-00:00
  • Lot Size Square Feet: 11900

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Price History

Date
Event
Price
Change
Price Per
12/30/2024
Listed
$1.2M
 
$97 ft2
$1,040 m2
12/30/2024
$1.2M
Event
Listed
Price Per
$97 ft2
$1,040 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Ronald SadakaRonald N Sadaka R.E Broker • Buyer Agency Compensation .

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Scores

Walk Score®
Somewhat Walkable. Some errands can be accomplished on foot
66

100
Bike Score®
Bikeable. Some bike infrastructure
66

100
Sound Score®
Very loud
74

100
Airport Score
Close to airports. Noticeable airport activity
2

100
Traffic Score
Congested area. Frequent traffic delays
32

100
Local Score
Limited local amenities nearby
1

100
Community Snapshot
3 – 3 BR
Bedrooms
$545K – $545K
Price Tier
725 - 3,514
SqFt Range
1950
Year Build
1
Total Floors
1293
Total Units

Opa-Locka
Mid-Tier
Mid-Tier Homes & Condos