Courtesy of: Ronald Sadaka, Ronald N Sadaka R.E Broker, ronsadaka@gmail.com
Courtesy of: Ronald Sadaka, Ronald N Sadaka R.E Broker, ronsadaka@gmail.com
$1,150,000
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8 bed
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4.00 Bath (4 Full)
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Quadruplex
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$1,150,000
1240 Sesame St 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.
Courtesy of: Ronald Sadaka, Ronald N Sadaka R.E Broker, ronsadaka@gmail.com
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