Land in Opa-Locka, FL 33054
Opa-Locka Residential, 1240 Sesame St

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OFF MARKET

$1,150,000

Estimate Payment $6,894 Closing Costs

Beds

0.27

Acre

$4,259,259

$/Acre

1240 Sesame St is a 11,900 sf covered land opportunity, zoned for up to 10 apartment units, 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.

MLS Number: A11707602

On Site: 668 Days

Updated: 666 Days ago

Page Views: 0

Features

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Property SqFt: 11900
Remarks: 1240 Sesame St is a 11, 900 sf covered land opportunity, zoned for up to 10 apartment units, 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.
Internet Remarks: 1240 Sesame St is a 11, 900 sf covered land opportunity, zoned for up to 10 apartment units, 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.
Waterfront: No info
Days on Market: 11
Office Name: Keller Williams Eagle Realty
Area: 11900
Taxes: 12952
Tax Year: 2024
Listing Date: 2024-12-10T17:53:57.000-00:00
Lot Size Square Feet: 11900