1240 Sesame St new

Opa-locka,FL 33054

$ 1150000

- Bed

0 Bath

3514 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,514 sqft

Price per Sqft $327

MLS Listing ID A11707440

Construction Status Resale

HOA Y/N No

Year Built 1926

Annual Tax Amount $12,952

Lot Size 0.270 Acres

Acres 0.27

Property Description

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.

Location

State FL

County Miami-dade

Area 21

Interior

Heating Window Unit,Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Vinyl,Wood

Exterior

Roof Type Built-Up

Total Parking Spaces 8

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame,Stucco

Construction Status Resale

Others

Tax ID 08-21-21-002-2330

Ownership Self Proprietor/Individual

Security Features Smoke Detector(s)

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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