Income producing 6 unit multifamily in the heart of Bay Harbor Islands offering exceptional redevelopment potential.


Property

Website:https://www.nestseekers.com/5397686
Address:
Bay Harbor Islands, FL 33154
Ownership: For Sale
Type: Unknown

Financials

Price:$4,500,000

Description

Income-producing 6-unit multifamily in the heart of Bay Harbor Islands offering exceptional redevelopment potential. Fully leased with 5 units on month-to-month leases and 1 annual lease, providing immediate income with flexibility for future plans. Zoned for up to 8 luxury condominium residences, presenting a rare opportunity for investors or developers seeking to maximize value. Ideally located just minutes from Bal Harbour Shops, pristine beaches, fine dining, and top-rated schools. Prime location with strong upside in a highly desirable market.

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of The Corcoran Group