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Investment Highlights

  • Exceptional redevelopment site located in the heart of Bay Harbor Islands
  • Walking distance to the prestigious Bal Harbour Shops and fine dining establishments
  • Zoning permits 65-foot height with a maximum of 32 residential units
  • Immediate access to beaches, major roadways, and Miami’s vibrant cultural destinations

Executive Summary

LOCATION ! LOCATION ! LOCATION ! Very rare opportunity to build 32-unit new building in the prestigious heart of Bay Harbor Islands. New Construction - Zoning: Residential - 65' High (6 Floors) and Max 32 Units. walking distance to Bal Harbour Shops, top-tier restaurants, and an A+ rated school just steps away. A true Bay Harbor gem with tremendous upside potential. Currently four-story Art Deco-style building features 16 spacious 1 bed / 1.5 bath units and 8 large 2 bed / 2 bath units, ranging from 973 SF to 1,270 SF. The building is currently vacant and ready for renovation

Property Facts

Price $10,800,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.59 AC
Year Built 1965
Zoning 4500-RM2 - Multi-Family up to 4 stories

1 Lot Available

Lot

Price $10,800,000
Price Per AC $18,333,890.71
Lot Size 0.59 AC

LOCATION ! LOCATION ! LOCATION ! Very rare opportunity to build 32-unit new building in the prestigious heart of Bay Harbor Islands. New Construction - Zoning: Residential - 65' High (6 Floors) and Max 32 Units. walking distance to Bal Harbour Shops

Description

The lot measures approximately 0.59 acres and is zoned for residential development. Current municipal code allows for up to six stories with a maximum of 32 units. The property is situated within close proximity to Bal Harbour Shops, public beaches, and local educational institutions. Utilities include public water and sewer services, and access points connect to main local thoroughfares serving Bay Harbor Islands.

Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
13-2227-001-2900
Land Assessment
$4,500,000
Improvements Assessment
$10,000
Total Assessment
$4,510,000
  • Listing ID: 40926483

  • Date on Market: 6/4/2026

  • Last Updated:

  • Address: 1080 93rd St, Bay Harbor Islands, FL 33154

Contact the Sale Advisor

1080 93rd St - Forum Land

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