Island House, 1145 101st St

$3.5M17%
$2,900,000
6,200
SqFt
Status
OFF MARKETExpired
Size
6,200 SqFt (576 m2)
Price
$468/SqFt ($5,035/m2)
Type
Multifamily
Built
1964
MLS Number
A11406146
On Site
1183 Days
Updated
99 Days ago
Page Views
0
Well-maintained 4plex with some of the largest single floor rental units in all of Bay Harbor Islands. All units are 1525SF, true 3 bedroom/2 bath corner units. Increase income potential to a conservative 8% ROI by converting to legal AirBnB hotel with resort-style pool and rear entertainment space. Building is entirely outfitted with impact windows and doors. 2 units have washer and dryer systems ensuite, other units use well-kept community laundry room downstairs. All units separately metered. Turnkey investment in highly desirable Bay Harbor Islands, once the best kept secret of Miami. Walking distance to places of worship, turquoise beaches of Bal Harbour and Surfside, and world class dining and shopping. Strong rental market. Home to A++ Ruth K Broad K-8 school.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Balcony, SecurityHighImpactDoors, OutdoorShower
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: Tile
      • Windows/Treatment: ImpactGlass
      • Year Built: 1964
      • Year Built Description: Resale
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2023-06-19T23:12:56.000-00:00
        Taxes, Fees & More
        • Taxes: 22657

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        Price History

        Current
        $2.9M
        High
        $3.5M
        Low
        $2.9M
        Total Change
        -17%
        $3.6M$3.2M$2.8MJun 23Jul 23Sep 23
        Date
        Event
        Price
        Change
        Price Per
        09/01/2023
        Price Reduced
        $2.9M
        -15.92%
        $468 ft2
        $5,035 m2
        07/10/2023
        Price Reduced
        $3.4M
        -1.32%
        $556 ft2
        $5,988 m2
        06/19/2023
        Listed
        $3.5M
         
        $564 ft2
        $6,068 m2
        09/01/2023
        $2.9M
        Event
        Price Reduced
        Change
        -15.92%
        Price Per
        $468 ft2
        $5,035 m2
        07/10/2023
        $3.4M
        Event
        Price Reduced
        Change
        -1.32%
        Price Per
        $556 ft2
        $5,988 m2
        06/19/2023
        $3.5M
        Event
        Listed
        Price Per
        $564 ft2
        $6,068 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Aileen StratfordThe Bay Harbor View • Buyer Agency Compensation .

        Listing Location & Street View
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        Scores

        Walk Score®
        Somewhat Walkable. Some errands can be accomplished on foot
        62

        100
        Bike Score®
        Very Bikeable. Biking is convenient for most trips
        77

        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
        1,525 - 6,200
        SqFt Range
        1964
        Year Build
        2
        Total Floors
        8
        Total Units

        Subdivision Amenities

        Barbecue
        Hot Water
        Laundry
        Parking
        Pool
        Storage