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$ 5,200,000
Est. payment | /mo
9,583 Sqft Lot
$ 5,200,000
Est. payment | /mo
9,583 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Bay Harbor Island
MLS Listing ID A11731172
HOA Y/N No
Annual Tax Amount $40,554
Tax Year 2023
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 75x130
Property Sub-Type Multi Family
Property Description
Income-producing 4-unit STR multifamily with prime redevelopment potential in Bay Harbor Islands, directly across from the prestigious LA MARE project. This property generates steady rental income and is zoned for an 8-unit luxury condominium development.
Situated just minutes from Bal Harbour Shops, pristine beaches, and top-rated schools, this is a rare opportunity for investors or developers looking to maximize value in a high-demand area.
Property Highlights:
? 4-unit short-term rental multifamily – Fully operational & income-generating
? Zoning allows for up to 8 luxury condo residences
? Prime location – Steps from shopping, dining, and top schools
? Strong upside potential – Ideal for investors or boutique developers
Situated just minutes from Bal Harbour Shops, pristine beaches, and top-rated schools, this is a rare opportunity for investors or developers looking to maximize value in a high-demand area.
Property Highlights:
? 4-unit short-term rental multifamily – Fully operational & income-generating
? Zoning allows for up to 8 luxury condo residences
? Prime location – Steps from shopping, dining, and top schools
? Strong upside potential – Ideal for investors or boutique developers
Location
State FL
County Miami-dade
Community Bay Harbor Island
Area 22
Exterior
Utilities Available Cable Available, Natural Gas Available, Other
Present Use Other
Private Pool Yes
Building
Sewer Other
Water Other
Others
Tax ID 13-22-27-001-1840
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11731172
Listed by Miles Goldstein Real Estate
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "