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
| MLS # | A11731172 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 609 |
| Listing Provided By | Miles Goldstein Real Estate | Alan Eskenazi Bone |
| Zoning | 4500 |
|---|---|
| Acreage | 0.22 |
| Property View | Yes |
| Lot Features | One To Two Acres, Two To Three Acres, City Lot |
|---|
| Tax Annual Amount | 40554 |
|---|
| Community Features | Near Schools |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Bay Harbor Islands |
| Zip Code | 33154 |
| Area | 2220 |
| Community Name | BAY HARBOR ISLAND |
| Listing VS Median (in BAY HARBOR ISLAND) | |
Price: $5,200,000 low | high Med: $2,300,000 On site: 609 low | high Med: 181.5 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Bay Harbor Islands |
| Zip Code | 33154 |
| Area | 2220 |
| Community Name | BAY HARBOR ISLAND |
| Listing VS Median (in BAY HARBOR ISLAND) | |
Price: $5,200,000 low | high Med: $2,300,000 On site: 609 low | high Med: 181.5 | |