4,567
SqFt
Status
OFF MARKETExpired
Size
4,567 SqFt (424 m2)
Price
$788/SqFt ($8,485/m2)
Type
Multifamily
Built
1955
HOA
N/A
MLS Number
A11465199
On Site
1048 Days
Updated
903 Days ago
Page Views
0
ATTENTION DEVELOPERS, BUILDERS and INVESTORS! 9 TDR'S included in the purchase, and you can always buy more if needed. Fantastic iinvestment opportunity in the heart of Bay Harbor Islands. This property presents an exclusive chance to secure the ONLY available development lot in this highly sought-after community. Positioned near world-class dining, houses of worship, A++ school, pristine beaches, and Bal Harbour Shops. Current building is four residential units, which are all rented out for immediate income while you finalize plan & design. This unique opportunity provides an income stream from the existing units, allowing you to offset your development costs. The scarce land in BHI makes this property a valuable asset for investors and developers capitalizing on the area's desirability.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central,WallFurnace
        • Cooling Description: CentralAir, WallWindowUnits
        Building and Construction
        • Floor Description: Parquet,Tile
        • Year Built: 1955
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-11-01T16:10:36.000-00:00
          Taxes, Fees & More
          • Taxes: 17623

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          Price History

          Current
          $3.6M
          High
          $3.6M
          Low
          $3.5M
          Total Change
          4.1%
          $3.6M$3.5M$3.4MOct 23Dec 23Mar 24
          Date
          Event
          Price
          Change
          Price Per
          03/25/2024
          Price Increased
          $3.6M
          4.35%
          $788 ft2
          $8,485 m2
          12/04/2023
          Price Reduced
          $3.5M
          -0.26%
          $755 ft2
          $8,131 m2
          10/06/2023
          Listed
          $3.5M
           
          $757 ft2
          $8,153 m2
          03/25/2024
          $3.6M
          Event
          Price Increased
          Change
          4.35%
          Price Per
          $788 ft2
          $8,485 m2
          12/04/2023
          $3.5M
          Event
          Price Reduced
          Change
          -0.26%
          Price Per
          $755 ft2
          $8,131 m2
          10/06/2023
          $3.5M
          Event
          Listed
          Price Per
          $757 ft2
          $8,153 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Ricky KallabatKeller Williams Capital Realty • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Car-Dependent. Most errands require a car
          41

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          63

          100
          Sound Score®
          Bearable noise
          79

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          27

          100
          Local Score
          Limited local amenities nearby
          0

          100
          Community Snapshot
          1 – 7 BR
          Bedrooms
          $1.8M – $36.5M
          Price Tier
          1,079 - 10,453
          SqFt Range
          1959
          Year Build
          8
          Total Floors

          Subdivision Amenities

          Elevators
          Fitness Center
          Laundry
          Maintenance
          Pool

          Bay Harbor Islands
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