Plat No 1 Opa Locka
$1,150,000
1240 Sesame St, Opa Locka, FL 33054
3,514 sqft
Building Size
1
Units
Details:
Highlights:
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Documents Available: None
- Architectural Style: Other
- Cooling: Wall/Window Unit(s)
- Heating: Electric, Window/Wall
- Flooring: Wood
- Construction Materials: Frame With Stucco
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 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.
Location

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