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$4.2M
Bay Harbor Islands, FL 33154
Exceptional Redevelopment Opportunity in Bay Harbor IslandsIncome-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.
Virtual TourListing courtesy of The Corcoran Group
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$4.2M
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Listed by Adam Jay Ziefer, The Corcoran Group