Ultra Luxury Multifamily
Built in 1952
Fourplex
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
MLS Number: A11745188
On Site: 602 Days
Updated: 74 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: Other
        Building and Construction
        • Floor Description: Other
        • Year Built: 1952
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-02-16T09:51:33.000-00:00
          Taxes, Fees & More
          • Taxes: 40554

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          Price History

          Current
          $4.2M
          High
          $5.2M
          Low
          $4.2M
          Total Change
          -19.2%
          $5.3M$4.7M$4.1MFeb 25Sep 25Nov 25Nov 25
          Date
          Event
          Price
          Change
          Price Per
          11/20/2025
          Price Reduced
          $4.2M
          0%
          N/A ft2
          N/A m2
          11/20/2025
          Price Reduced
          $4.2M
          -8.7%
          N/A ft2
          N/A m2
          09/17/2025
          Price Reduced
          $4.6M
          -11.54%
          N/A ft2
          N/A m2
          02/13/2025
          Listed
          $5.2M
           
          N/A ft2
          N/A m2
          11/20/2025
          $4.2M
          Event
          Price Reduced
          Change
          0%
          Price Per
          N/A ft2
          N/A m2
          11/20/2025
          $4.2M
          Event
          Price Reduced
          Change
          -8.7%
          Price Per
          N/A ft2
          N/A m2
          09/17/2025
          $4.6M
          Event
          Price Reduced
          Change
          -11.54%
          Price Per
          N/A ft2
          N/A m2
          02/13/2025
          $5.2M
          Event
          Listed
          Price Per
          N/A ft2
          N/A m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Alan Eskenazi Bone • Miles Goldstein Real Estate • Buyer Agency Compensation .

          Transit & Commute from Bay Harbor Islands Residential

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          27
          Traffic score
          Congested area. Frequent traffic delays
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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

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