request_info_guest false

Plat No 1 Opa Locka

$1,150,000

1240 Sesame St, Opa Locka, FL 33054

Active
Last Updated: 01/03/2025

3,514 sqft

Building Size

1

Units

Details:
Building Size:    3,514 sqft
Units:    1
Year Built:    1926
Floors:    2
Parking Spots:    8
Gross Leaseable Area:    3,514
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.

Map:
Location
Gallery