Bay Harbor Islands – Boutique Development Opportunity
- Lot Size / Zoning: 11,250 SF, RM-2
- Current Improvement: 4-unit multifamily
- Development Potential: Up to 9 luxury residences (~20,000 SF/ 7 stories)
Prime Location & Lifestyle:
- Steps from Bal Harbour Shops, fine dining, synagogues, schools, and cultural institutions
- Walking distance to the beach
- Minutes from Four Seasons Surf Club, St. Regis, and other high-end hotels
- Surrounded by successful new luxury developments: Indian Creek Residences, La Maré, La Baia, The Well, among others
Why This Property Stands Out:
- Limited land availability in Bay Harbor Islands
- Recent land comp sold for $4.15M
- Strong market demand: Solina units preselling at $1,100–$1,200/SF
- Cleared the 50-year inspection
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Listing Snapshot
Price
$3,850,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
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Total Baths
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Full Baths
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Partial Baths
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Lot Size
0.26 Acres
Year Built
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MLS® Number
A11861021
Status
Active
Property Tax
$24,671
HOA/Condo/Coop Fees
N/A
Sq Ft Source
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