1240 Sesame St is comprised of four 2 bed / 1 bath, frame / stucco apartment units built in 1926, on a 11,900 sq.ft 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 ma

1240 SESAME ST #4, Opa-Locka

$1,150,000 USD
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Address1240 SESAME ST #4, Opa-Locka
Building NamePLAT NO 1 OPA LOCKA
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$1,150,000
Property StatusActive
MLS NumberA11715881
Living Area3514
Year Built1926
Parking Space Number8
Folio Number08-21-21-002-2330
Zoning Information4400
Days on Market267

Detailed Description: 1240 Sesame St is comprised of four 2 bed / 1 bath, frame / stucco apartment units built in 1926, on a 11,900 sq.ft 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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Address Information
StateFlorida
CityOpa-Locka
CountyMiami-Dade County
Zip Code33054
Address1240 SESAME ST
Section21
Zip Code (4 Digits)3490
Financial Information
Price$1,150,000
Price per Foot$0
Folio Number08-21-21-002-2330
Tax Amount$12,952
Tax Year2024
Full Descriptions
Detailed Description1240 Sesame St is comprised of four 2 bed / 1 bath, frame / stucco apartment units built in 1926, on a 11,900 sq.ft 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.
Roof DescriptionComposition Roll
Floor DescriptionWood
Cooling DescriptionWall / Window Unit (s)
Heating DescriptionElectric, Window / Wall
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Property parameters
Living Area3514
Zoning Information4400
Year Built1926
Type of PropertyQuadruplex
StyleQuadruplex
Building NamePLAT NO 1 OPA LOCKA
Development NamePLAT NO 1 OPA LOCKA
Construction TypeFrame With Stucco
Stories Number2.000
Parking Space Number8
Listed withRonald N Sadaka R.E Broker