Home » Opa-Locka » 1240 Sesame St, Opa-Locka, FL 33054 | A11707440

Multi Family For Sale 1240 Sesame St, Opa-Locka, FL 33054

$1,150,000

Property Highlights

Listing ID A11707440 Status of this Listing: Active For Sale Property Type Commercial Sale Multi Family Building Area 3,514 Sqft/326.46 m2 approx. Lot area 11,900 Sqft/1105.55 m2 approx. Year Built 1926 Time of this property on Rebonus 5 Day(s)

1240 Sesame St, Opa-Locka, FL 33054

Property Description: 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 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.

Commercial Sale Multi Family For Sale located at 1240 Sesame St Opa-Locka FL 33054 in Miami-Dade referenced as ID MLS # A11707440. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Original List Price:$1,150,000

Business Info

Gross Scheduled Income:300000

Land Lot (Parcel) Details

Lot Size Acres:0.27
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Number of Buildings:1
Levels:Two
Construction Materials:
  • Frame
  • Stucco
Flooring:
  • Wood
  • Vinyl
Structure Type:
  • Apartment
Stories:2
Road Frontage Type:
  • City Street

Property Features

Waterfront:No
Security:
  • Smoke Detector(s)
Roof:
  • Built-up
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Wall Furnace
  • Window Unit

Taxes and Expenses

Tax Annual Amount:$12,952

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Terms

Documents Available:
  • Aerial
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Close Of Escrow
Tenant Pays:
  • Electricity
  • Water
Lease Considered:No

Community

Senior Community:No
Restrictions:CityRestrictions, Zoning Restrictions

Parking

Parking Total Spaces:8
Covered Spaces:0

Utilities

Number of Separate Electric Meters:4
Sewer:
  • Public Sewer
Electric:
  • 100 Amp Service
Water Source:
  • Public

More Details

Other Information:
Property DescriptionEXISTING 4-UNITS, OR REDEV 10
Flood ZoneX
FEMA Flood Zone DesignationsX
Municipal Code21
Ref1097604195
Subdivision Number2

Zoning and Legal

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
Real Estate Folio Number (Parcel Number):08-21-21-002-2330
Zoning Description:4400
Public Survey Township:21
Public Survey Range:21
Public Survey Section:21
Title to the property is held by owner as:
  • Self Proprietor/individual

Listing History

Update/EventDate/Days
Published Date:December 10, 2024 3:10 pm
On Market Date:December 1, 2024
Price Change Date Time:December 10, 2024 3:10 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:December 10, 2024 3:10 pm
Status Last Changed:December 10, 2024 3:10 pm
Photos Last Modified:December 11, 2024 12:42 am
Last Modified:December 12, 2024 3:39 pm
Days on the Market Reference Date:December 12, 2024
Days on the Market (updated on Last Modified*):11
Cumulative Days on the Market (updated on Last Modified**):11

Additional Information

Number of Photos:5
Location:In Residential Area,,
Included:Building & Land,,
Area:21
Courtesy of:Keller Williams Eagle Realty
Universal Property Id:US-12025-N-0821210022330-R-N

Location

Show Property Address:Yes
Street Name:Sesame St
Street Number:1240
Street Address:1240 Sesame St
City : Opa-Locka
State : Florida
Zip Code : 33054
County : Miami-Dade
Full Address:1240 Sesame St, Opa-Locka, FL 33054
Latitude:N25° 54' 21.7''
Longitude:W81° 45' 12.6''

Neighborhood

Postal City:Opa-locka

Property Map