1240 Sesame St
Opa-Locka, Florida
$1,150,000 Rental Price
- Bedrooms   - Baths

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...

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.

Listing courtesy of Ronald N Sadaka R.E Broker

 

Listing Details

New Listing
Opa-Locka, Florida
Type: Rental
Price: $1,150,000
Approx. square footage: 3,514 sf
Date Listed: 12/31/2024
Last Updated: 1/7/2025
Web ID: 11715881
MLS ID: A11715881

Info & Amenities

Type: Quadruplex
Built: 1926
Pool: Yes

Listing Agent(s)