1240 Sesame St, Opa-Locka FL 33054
Opa-LockaMap
Price | $1,150,000.00 |
Listing ID | A11715881 |
Status | For Sale |
Address Map |
1240 Sesame St, Opa-Locka FL 33054 |
Area | Opa-Locka |
Beds | |
Baths | |
Square Ft | 3,514 |
Lot Size | 0 |
Year Built | 1926 |
Taxes | $12,952 |
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.