New Listing - 12/31/2024

$1,150,000 ($327.26 per sqft)

Est. Mortgage $5,891/mo *

Quick Pre-Approval

1240 Sesame St, Opa-Locka, FL, 33054

1240 Sesame St, Opa-Locka, FL, 33054

1926

Fourplex

3,514 sqft

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 not fully 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.


Status:

Active

Type:

Multi-family

Zoning:

4400

Subdivision:

PLAT NO 1 OPA LOCKA

Heating:

Electric, Wall Furnace

Cooling:

Wall/Window Unit(s)

Parking:

8-car

Est. Taxes:

$12,952

Construction

Frame,Stucco

Utilities

Cable Available

Lot Description:

1/4 to 1/2 Acre Lot

Days on Market:

2

Pool:

None

MLS #:

A11715881


Community Info

School Info

Walk Score

Yelp



Listing courtesy of Ronald N Sadaka R.E Broker Phone: 305-209-4904