Opa-Locka Residential, 1240 Sesame St

0.27
Acre
Status
OFF MARKETExpired
Size
0.27 Acres (1,106 m2)
Price
$4,259,259/Acre ($1,040/m2)
Type
Land
MLS Number
A11707602
On Site
644 Days
Updated
642 Days ago
Page Views
0
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.

Features

All features
  • Property SqFt: 11900
  • Remarks: 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.
  • Internet Remarks: 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.
  • Waterfront: No info
  • Days on Market: 11
  • Office Name: Keller Williams Eagle Realty
  • Area: 11900
  • Taxes: 12952
  • Tax Year: 2024
  • Listing Date: 2024-12-10T17:53:57.000-00:00
  • Lot Size Square Feet: 11900

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Price History

Date
Event
Price
Change
Price Per
12/10/2024
Listed
$1.2M
 
$97 ft2
$1,040 m2
12/10/2024
$1.2M
Event
Listed
Price Per
$97 ft2
$1,040 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Ronald SadakaKeller Williams Eagle Realty • Buyer Agency Compensation .

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Scores

Walk Score®
Somewhat Walkable. Some errands can be accomplished on foot
66

100
Bike Score®
Bikeable. Some bike infrastructure
66

100
Sound Score®
Very loud
74

100
Airport Score
Close to airports. Noticeable airport activity
2

100
Traffic Score
Congested area. Frequent traffic delays
32

100
Local Score
Limited local amenities nearby
1

100
Community Snapshot
3 – 3 BR
Bedrooms
$545K – $545K
Price Tier
725 - 3,514
SqFt Range
1950
Year Build
1
Total Floors
1293
Total Units

Opa-Locka
Mid-Tier
Mid-Tier Homes & Condos