Bay Harbor Island, Bay Harbor Islands, FL 33154
Property Type
Multi Family
Central AC
Yes
Year Built
1957
Listing courtesy of Adam Ziefer of The Corcoran Group.
Exceptional Redevelopment Opportunity in Bay Harbor Islands Income-producing 6-unit multifamily property in the heart of Bay Harbor Islands, offering rare upside in one of South Florida's most sought-after enclaves. Fully leased with five units on month-to-month tenancies and one annual lease — generating immediate cash flow while preserving flexibility for future plans. Zoned to accommodate up to 8 luxury condominium residences, this property presents a turnkey opportunity for investors and developers to capitalize on strong demand in a supply-constrained market. Hold for income, build to suit, or develop the next premier boutique condominium address. Ideally situated just minutes from Bal Harbour Shops, world-class beaches, fine dining, and top-rated schools. A prime location with significant long-term value in a highly desirable coastal community.
0.24 Acres
Bay Harbor Islands
A11996407
Bay Harbor Island
Multi Family
1957
Multi Family
6
2
Two
1957
4500
Bay Harbor Island
florida
Assigned
Yes - Central Air
Yes - Central
Public
Total$23,589.33/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
Information is deemed reliable but is not guaranteed and should be independently verified.