$3,950,000.00

Bay Harbor Islands – 1/2 Acre

Half-acre site located in Bay Harbour Islands. Recent zoning changes allow 8 story condo buildings with around 36 luxury units and an average unit size of 1700 square feet, 2 levels of parking (2 per unit) plus rooftop swimming pool, cabanas, and other amenities. The total allowable building area is around 50,000 square feet net. As a design exercise, see renderings of a proposed Bay Harbor Two. These renderings provide a solid idea of what can be built on the property. Identified as Bay Harbor Two, the concept is for a 36-unit condominium with a roof garden, rooftop pool & cabanas, and 2 floors of parking Bay Harbor Islands is a small, quaint community in Miami-Dade County, Florida. It’s is separated from the mainland by Biscayne Bay, over which the land masses are connected via the Broad Causeway. On the mainland side, Bay Harbor Islands is bordered by the city of North Miami, while to the east it borders the villages of Bal Harbour and Surfside. To the south lies the exclusive village of Indian Creek. Bay Harbor Islands is about 20 minutes driving distance away from Miami International Airport, and it is situated between the larger cities of Aventura and Miami Beach. Along a beautifully landscaped concourse in the center of town, there are plenty of great shopping and fine dining options to enjoy. Also nearby is one of the most popular synagogues in the area, The Shul of Bal Harbour. Renderings and plans were crafted as a zoning and use study for this site. Based upon updated zoning regulations, the total allowable building area is around 50,000 square feet net. Identified as Bay Harbor Two, the concept is for a 36-unit condominium, 8-story building with a roof garden, rooftop pool & cabanas, and 2 floors of parking and an average unit size of 1700 square feet. Build up to 36 units 8-story building Rooftop pool & cabanas 2 parking spaces per unit, 2 parking levels Large, luxurious units Walking distance to the beach Walking distance to St. Regis & Ritz Carlton Walking distance to Shops at Bal Harbour Walking distance to Kane Concourse Strong Demographics Demand for new construction.

Investment Highlights

  • Build up to 36 units, 8-story building
  • 2 parking spaces per unit, 2 parking levels
  • Walking distance to the beach
  • Rooftop pool & cabanas
  • Large, luxurious units
  • Walking distance to Shops at Bal Harbour

Details

Address : 1130-1140 100th Street
City : Bay Harbor Islands
State : FL
Zip Code : 33154
Status : Off-Market
Price : $3,950,000.00
Property Type : Residential
Transaction Type : FOR SALE
Year Built : 2021
Parcel ID/APN : 13-2227-001-1670 / 1690
Land Size : 22,000 sf
Lot Dimensions : 150ft x 150ft
Clear Height : 00ft
Floor Thickness : 00 Inches
Utilities to site : Water, Sewer, Gas, Electric
Property ID : 5506

Attachments

Financial Information

Income Year : 2021
Property Appraiser : -
Major Tenants

Listing Agent Information

Agent Name : Bram L. Scolnick
Phone : 954.302.6368
Email : bram@alterrarealtygroup.com

Location Map

Bram Leland Scolnick
“Today I will do what others won’t so that tomorrow I can do what others can’t.”

I consent to have this site collect my Name, Email, and Phone.

Property Search

Mortgage Calculator

$ 0,00
Top

Title

Look here

x