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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 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
Building
Sewer Other
Water Other
Others
Tax ID 13-22-27-001-1840
Listed by Miles Goldstein Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "