1240 Sesame St ,Unimproved Multi Family (5+units), Plat No 1 Opa Locka en Venta

1240 Sesame St en Venta

Precio $1,150,000.00

• Tamaño de lote 11900
• Año de construcción
• Frente al agua
• Zip 33054
• Estilo
• Parking Descripción
• Piscina Yes
• Estado Active

Descripción

Unlock the potential of 1240 Sesame St, a 11,900 sq. ft. covered land opportunity in the historic heart of Opa-Locka, FL, zoned for up to 10-12 apartment units. Priced at land value due to its current state of disrepair and partial occupancy, this property offers a unique chance to invest in a culturally rich community with significant redevelopment potential. Situated in Opa-Locka?s historic district, steps from downtown, the new Community Center, Police Dept, and major amenities like Amazon Warehouse, Opa-Locka Exec Airport, Public Transit, I-95 and Fl Turnpike. Redevelopment Options: CRA-Supported Historic Restoration: Restore the existing four 2-bed/1-bath units, leveraging Miami-Dade County and Opa-Locka CRA grants for historic preservation and affordable/workforce housing.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11715642 Historic Restoration -OR- Covered Land Opportunity. Stabilized numbers should pencil-out at a solid 6% cap. City AND County Incentives and Grants may be available. Grant Funding Potential: Eligible for Miami-Dade County and Opa-Locka CRA funding, particularly for 501C3 ownership entities, to support affordable housing and historic preservation initiatives. This is a rare opportunity to transform a historic property into a vibrant, income-generating asset while contributing to Opa-Locka?s revitalization. Ideal for investors, developers, or non-profits committed to affordable housing and cultural preservation. Contact us for a private tour and explore the possibilities today

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

City Location, Urban Area Development, Less Than 1 Acre

Unlock the potential of 1240 Sesame St, a 11,900 sq. ft. covered land opportunity in the historic heart of Opa-Locka, FL, zoned for up to 10-12 apartment units. Priced at land value due to its current state of disrepair and partial occupancy, this property offers a unique chance to invest in a culturally rich community with significant redevelopment potential. Situated in Opa-Locka?s historic district, steps from downtown, the new Community Center, Police Dept, and major amenities like Amazon Warehouse, Opa-Locka Exec Airport, Public Transit, I-95 and Fl Turnpike. Redevelopment Options: CRA-Supported Historic Restoration: Restore the existing four 2-bed/1-bath units, leveraging Miami-Dade County and Opa-Locka CRA grants for historic preservation and affordable/workforce housing.

City:Opa-Locka,Zoning:4400,List A O R:A-Miami Association of REALTORS,Tax Year:2024,Latitude:25.9060248,List Price:1150000,Listing Id:A11715642,Longitude:-80.246495,Mls Status:Active,Ownership:Sole Proprietor,Utilities:1:Sewer Connected,2:Water Connected,3:Cable Available,4:Electricity Available,5:Sewer Available,6:Water Available,Directions:Please enter the address 1240 Sesame St into your mapping app.,Postal Code:33054,Street Name:Sesame St,Coordinates:1:25.9060248,Gross Income:285000,Lot Features:1:Urban Area Development,2:Less Than 1 Acre,Photos Count:9,Building Name:PLAT NO 1 OPA LOCKA,Days On Market:183,Listing Terms:1:Conventional,Lot Size Acres:0.27,Lot Size Units:Square Feet,M I A M I R E_ Area:21,M L S Area Major:Plat No 1 Opa Locka,On Market Date:2024-12-30,Other Expense:6000,Parcel Number:08-21-21-002-2330,Property Type:Commercial Land,Street Number:1240,Public Remarks:Unlock the potential of 1240 Sesame St, a 11,900 sq. ft. covered land opportunity in the historic heart of Opa-Locka, FL, zoned for up to 10-12 apartment units. Priced at land value due to its current state of disrepair and partial occupancy, this property offers a unique chance to invest in a culturally rich community with significant redevelopment potential. Situated in Opa-Locka?s historic district, steps from downtown, the new Community Center, Police Dept, and major amenities like Amazon Warehouse, Opa-Locka Exec Airport, Public Transit, I-95 and Fl Turnpike. Redevelopment Options: CRA-Supported Historic Restoration: Restore the existing four 2-bed/1-bath units, leveraging Miami-Dade County and Opa-Locka CRA grants for historic preservation and affordable/workforce housing.,County Or Parish:Miami-Dade County,Frontage Length:300,List Office Name:Ronald N Sadaka R.E Broker,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,New Taxes Expense:12952,Postal Code Plus4:3490,Property Sub Type:Income/MultiFamily,State Or Province:FL,Subdivision Name:PLAT NO 1 OPA LOCKA,Tax Annual Amount:12952,Unparsed Address:1240 Sesame St, Opa-Locka FL 33054,Listing Agreement:Exclusive Right To Sell,Operating Expense:120000,Building Area Units:Square Feet,Lot Size Dimensions:300x400,Lot Size Square Feet:11900,M I A M I R E_ L P Amt Sq Ft:96.6387,Original List Price:1150000,Public Survey Range:21,I D X Participation Y N:1,Net Operating Income:171000,Syndication Remarks:Unlock the potential of 1240 Sesame St, a 11,900 sq. ft. covered land opportunity in the historic heart of Opa-Locka, FL, zoned for up to 10-12 apartment units. Priced at land value due to its current state of disrepair and partial occupancy, this property offers a unique chance to invest in a culturally rich community with significant redevelopment potential. Situated in Opa-Locka?s historic district, steps from downtown, the new Community Center, Police Dept, and major amenities like Amazon Warehouse, Opa-Locka Exec Airport, Public Transit, I-95 and Fl Turnpike. Redevelopment Options: CRA-Supported Historic Restoration: Restore the existing four 2-bed/1-bath units, leveraging Miami-Dade County and Opa-Locka CRA grants for historic preservation and affordable/workforce housing.,Listing Contract Date:2024-12-30,Originating System I D:miamire,Public Survey Section:21,Showing Instructions:Call Listing Agent,Showing Assist,Street Number Numeric:1240,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,Gross Scheduled Income:300000,Public Survey Township:21,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Historic Restoration -OR- Covered Land Opportunity. Stabilized numbers should pencil at a solid 6% cap. City\County Incentives or Grants available.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-12-30,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),Internet Entire Listing Display Y N:1,