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1240 Sesame St, Opa-Locka, FL 33054

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For Sale

$1,150,000

8 beds4 baths3,514 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $327.26
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# A11715881

Courtesy Of Ronald N Sadaka

(305) 209-4904

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Cable Ready
  • Architecture Style
    Other
  • Exterior Type
    Stucco
  • Floor Covering
    Hardwood, Wood

Map and Directions

Directions to 1240 Sesame St, Opa-Locka, FL 33054
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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