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Investment Highlights

  • Located in the Heart of Bay Harbor Islands
  • Walking Distance to Bal Harbour Shops, Restaurants, Shopping, and Beach
  • One of the hottest areas in Miami-Dade County for Redevelopment

Executive Summary

Exceptional Redevelopment Opportunity in Bay Harbor Islands Income-producing 6-unit multifamily property in the heart of Bay Harbor Islands, offering rare upside in one of South Florida's most sought-after enclaves. Fully leased with five units on month-to-month tenancies and one annual lease — generating immediate cash flow while preserving flexibility for future plans. Zoned to accommodate up to 8 luxury condominium residences, this property presents a turnkey opportunity for investors and developers to capitalize on strong demand in a supply-constrained market. Hold for income, build to suit, or develop the next premier boutique condominium address. Ideally situated just minutes from Bal Harbour Shops, world-class beaches, fine dining, and top-rated schools. A prime location with significant long-term value in a highly desirable coastal community.
Unit Type # Units # Baths Furnished Rent A Period Rent B Period
Two Bedroom Unit(s) 1 1 No $1,500 month to month
Two Bedroom Unit(s) 1 1 No $1,525 month to month
Two Bedroom Unit(s) 1 2 No $1,800 month to month
Two Bedroom Unit(s) 1 2 No $2,125 month to month
Three Bedroom Unit(s) 1 2 No $2,700 month to month
Three Bedroom Unit(s) 1 2 No $3,250 Annual

Data Room Click Here to Access

Property Facts

Price $4,200,000
Price Per Unit $700,000
Sale Type Investment
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.24 AC
Building Size 8,410 SF
No. Stories 2
Year Built 1957
Parking Ratio 1.31/1,000 SF
Zoning RE, Bay Harbor Isl

Amenities

Unit Amenities

  • Air Conditioning

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 - -
2+2 2 - -
3+2 2 - -
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
13-2227-001-1710
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,770,605
  • Listing ID: 40693805

  • Date on Market: 5/28/2026

  • Last Updated:

  • Address: 1160 100th St, Bay Harbor Islands, FL 33154

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