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Multi Family - PLAT NO 1 OPA LOCKA for Sale

1240 SESAME ST, OPA-LOCKA, FL 33054

Asking Price$1,150,000

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  • Days on market:

    7 day(s)
  • Adjusted Area:

    3264 sqft
  • Original Price:

    $1,150,000
  • Price per sqft:

    $327.26
  • Tax Legal Description:

    21 52 41 PL NO 1 OPA LOCKA PB 25-44 LOTS 9 & 10 BLK 13 LOT SIZE 11900 SQUARE FEET OR 21025-2618 0194 4
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Style:

    Fourplex
  • Construction Type:

    Frame With Stucco
  • Roof:

    Composition Roll
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Window/WallElectric
  • Floor Description:

    Wood
  • Lot Features:

    1/4 To Less Than 1/2 Acre Lot
  • Type of Association:

    None

Description

$1,150,000 • living size area 3514 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.

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