5
See all 5 photos
$1,150,000
Est. payment /mo
3,514 SqFt
New
1240 Sesame St Opa-locka, FL 33054
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UPDATED:
12/12/2024 03:39 PM
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.
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
Listed by Keller Williams Eagle Realty
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