Listing Summary
1926 Construction- Historic Moorish Architectural theme. 4-Unit Rehab or 10-Unit redevelopment opportunity
Full 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.
Quick Glance
- Listing ID:
CL-Florida-13148
- Status:
Active
- Year Build:
1936
- Building Size:
3,514 SqFt
- Lot Size:
11,900.00 SqFt
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