Price Upon Request
Profitable Turn-Key Smoke & Vape Shop in Prime MiMo District Location
Miami, Florida
Soft OfferCommercial Property for Sale in Opa Locka Florida 33054
1240 Sesame St, Opa Locka, Florida 33054
$1,150,000
$327 / sq ft Listed Dec 11, 2024
3,514 sqft
Building
11,900 sqft
Lot
1936
Built
2
Stories
8
Parking
4
Units
About this property
Commercial Property for Sale in Opa Locka Florida 33054 is a multifamily for sale in Opa Locka, Florida, listed at $1,150,000. Key details: year built 1936, building size 3,514 sqft, lot size 11,900 sqft, stories 2. Listed by Ronald Sadaka of Keller Williams Eagle Realty on LoopingCloud and last updated March 24, 2025.
1240 Sesame St is comprised of four 2 bed/1 bath, frame/stucco apartment units built in 1926, on a 11,900 sf lot, 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.
Key highlights
- MULTIFAMILY
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Business Opportunities
| Company | Business type | Contact | Phone | |
|---|---|---|---|---|
| BAY TITLE COMPANY | Title Services | ALANA Supraski | (305) 692-8886 |
Property details
Key facts
- Year Built
- 1936
- Building Size
- 3,514 sqft
- Lot Size
- 11,900 sqft
- Stories
- 2
- Parking Spaces
- 8
- Total Units
- 4
- Building Class
- Class A
- Heating & Cooling
- Heating and Cooling
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
$327
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $1,150,000 | - | - | - | - |
Features and amenities
Property Other Use Types
- MULTIFAMILY
Location
Address as shown by the lister.
Get directionsAbout this area - Opa Locka
- Population
- 28,177
- Housing units
- 9,238
- Land area
- 8.6 sq mi
- County
- Miami Dade
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Frequently asked questions
What is the asking price of Commercial Property for Sale in Opa Locka Florida 33054?
Commercial Property for Sale in Opa Locka Florida 33054 is listed at $1,150,000. That works out to about $327 per square foot.
Where is Commercial Property for Sale in Opa Locka Florida 33054 located?
The property is in 1240 Sesame St, Opa Locka, Florida 33054, Miami Dade County.
What type of property is this?
This is a multifamily for sale in the commercial category.
How big is the property?
The building is 3,514 sqft. The lot is 11,900 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Ronald Sadaka of Keller Williams Eagle Realty listed this property. Use the Request Info button to send a message or call (305) 757-1700.
When was this listing published?
It was published on December 11, 2024 and last updated on March 24, 2025.
Listing information
- Listing ID
- CL-Florida-13148
- Published
- Dec 11, 2024
- Last updated
- Mar 24, 2025
- Views
- 395
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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.
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