Property
| Ownership: | For Sale |
|---|---|
| Type: | Residential |
| Lot Size: | 0.3 Acres |
Financials
Price:$3,850,000
Annual Taxes:$26,164
Listing Courtesy of BB Realty Group, LLC.
Prime development opportunity in the highly desirable Bay Harbor Islands market.
Description
Prime development opportunity in the highly desirable Bay Harbor Islands market. This property is located in a walkable, high-demand neighborhood surrounded by luxury retail, dining, schools, places of worship, and just minutes from the beach, Surfside, and Bal Harbour.
The site features a 11,250 SF lot and includes 9 Transferable Development Rights (TDRs), offering the potential to develop up to 9 residential units, subject to city approvals. This creates a rare opportunity for developers to maximize density in a market with limited land availability and strong end-user demand.
Bay Harbor Islands continues to show sustained growth, limited inventory, and strong absorption, making this an attractive project for both luxury rental or condominium development.
Disclaimer: All development potential, unit count, square footage, zoning, and use are subject to verification and approval by the Town of Bay Harbor Islands and other applicable authorities. Buyers are encouraged to conduct their own due diligence.
Property is offered as-is.
Showings by appointment only with advance notice.
Please do not disturb tenants.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11951170
Amenities
- NotApplicable
Neighborhood
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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.