1240 Sesame St Opa-Locka FL 33054 MLS #A11715642

1240 Sesame St
Opa-Locka, FL, 33054
$1,150,000
Beds
0 Baths
0 SqFt
0.27 Acres
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1240 Sesame St is a 11,900 sf covered land opportunity, zoned for up to 10 apartment units, 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.

Property Details

Price:
$1,150,000
MLS #:
A11715642
Status:
Active
Beds:
0
Baths:
0
Address:
1240 Sesame St
Type:
Single Family
Subtype:
Income/MultiFamily
Subdivision:
PLAT NO 1 OPA LOCKA
Neighborhood:
Plat No 1 Opa Locka
City:
Opa-Locka
Listed Date:
Jan 7, 2025
State:
FL
ZIP:
33054
Lot Size:
11,900 sqft / 0.27 acres (approx)
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CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

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Net Operating Income
$171,000
Tax Year
2024
Taxes
$12,952

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1240 Sesame St
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