1240 Sesame St, Opa-Locka FL 33054

For sale Days on market 7

PLAT NO 1 OPA LOCKA [ Quadruplex ]

$1,150,000

$327/sq ft

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Overview

Year Built

1926

Sqft

3514

Property Type

Quadruplex

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 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.

Property Details

MLS#

A11715881

Total Floor in Bldg

Building

PLAT NO 1 OPA LOCKA

Address

1240 Sesame St

City

Opa-Locka

State/county

Zip/Postal Code

33054

Area

Plat No 1 Opa Locka

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$12,952

Maint Fee

$--

Tax Year

2024

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