1160 100th St - Apartments FOR SALE


Bay Harbor Islands, FL 33154
$4,200,000 USD
305-336-2841
1160 100th St, Bay Harbor Islands, FL for Sale
$4,200,000 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

1160 100th St
Bay Harbor Islands, FL 33154


HIGHLIGHTS

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

OVERVIEW

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

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$189 USD /SF

# OF UNITS

6

PRICE/UNIT

$700,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,411 SF

ZONING

RE, Bay Harbor Isl

APN/PARCEL ID

13-2227-001-1710

ASK ABOUT THIS PROPERTY

Adam ZieferCorcoran GroupMore Info
305-336-2841

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Adam ZieferCorcoran GroupMore Info
305-336-2841

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.