0.22
Acre
Status
Active
Size
0.22 Acres (906 m2)
Price
$23,636,364/Acre ($5,741/m2)
Type
Land
MLS Number
A11731172
View
Beach
On Site
513 Days
Updated
14 Days ago
Page Views
0
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.Situa... Read more

Features

All features
  • Current Use: Other
  • Approx SqFt Total Area: 9750
  • Property SqFt: 9750
  • Remarks: 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
  • Internet Remarks: 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
  • View: Beach
  • Waterfront: No info
  • Days on Market: 499
  • Compass Point: E
  • Office Name: Miles Goldstein Real Estate
  • Taxes: 40554
  • Tax Year: 2023
  • Listing Date: 2025-01-29T09:21:36.000-00:00
  • Lot Size Square Feet: 9750

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Price History

Current
$5.2M
High
$5.2M
Low
$5.2M
Total Change
0%
$5.2M$5.2M$5.2MJan 25Jun 26
Date
Event
Price
Change
Price Per
06/11/2026
Price Reduced
$5.2M
0%
$533 ft2
$5,741 m2
01/23/2025
Listed
$5.2M
 
$533 ft2
$5,741 m2
06/11/2026
$5.2M
Event
Price Reduced
Change
0%
Price Per
$533 ft2
$5,741 m2
01/23/2025
$5.2M
Event
Listed
Price Per
$533 ft2
$5,741 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Alan Eskenazi BoneMiles Goldstein Real Estate • Buyer Agency Compensation .

Listing Location & Street View
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Community Snapshot
1 to 8 BR
Bedrooms
$1.7M to $34.5M
Price Tier
1,079 - 10,453
SqFt Range
1959
Year Build
8
Total Floors
N/A
Total Units
N/A
Total Sales

Bay Harbor Islands
Ultra Luxury
Ultra Luxury Homes & Condos

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