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