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9950 E Bay Harbor Dr, Bay Harbor Islands, FL 9950 E Bay Harbor Dr 4 Unit Apartment Building $4,600,000 ($1,150,000/Unit) Bay Harbor Islands, FL 33154
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EXECUTIVE SUMMARY
This property’s best and highest use is to develop a new 7-story condominium building featuring 8 luxury apartments (including 2 full-floor penthouse units and 6 half-floor units), along with a rooftop offering amenities and parking. The existing building is scheduled for demolition, and plans for the new construction are expected to be approved in approximately 4 months. All relevant files can be accessed through the link below. If you have any questions, feel free to call me at 786-449-2228.
https://eskenazibrothers.com/properties/9950-e-bay-harbor-dr-miami-beach-fl-33154/
https://eskenazibrothers.com/properties/9950-e-bay-harbor-dr-miami-beach-fl-33154/
PROPERTY FACTS
| Price | $4,600,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $1,150,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Sale Condition | Redevelopment Project | Building Size | 4,566 SF |
| No. Units | 4 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1952 |
| Zoning | R2 - Multifamily | ||
| Price | $4,600,000 |
| Price Per Unit | $1,150,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.21 AC |
| Building Size | 4,566 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 1952 |
| Zoning | R2 - Multifamily |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+4 | 4 | - | - |
1 1
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (84)
PROPERTY TAXES
| Parcel Number | 13-2227-001-1840 | Improvements Assessment | $276,713 |
| Land Assessment | $1,950,000 | Total Assessment | $2,226,713 |
PROPERTY TAXES
Parcel Number
13-2227-001-1840
Land Assessment
$1,950,000
Improvements Assessment
$276,713
Total Assessment
$2,226,713
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9950 E Bay Harbor Dr, Bay Harbor Islands, FL | 9950 E Bay Harbor Dr
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