Multifamily – 24 Units in Bay Harbor Islands, FL – Art Deco Building with Renovation Potential
Commercial Sale
Category: Multifamily
Price:$12,000,000
Location: Bay Harbor Islands, FL
Year Built: 1965
Days on Market: 57
Description:
Very rare opportunity to acquire a 24-unit building in the prestigious heart of Bay Harbor Islands. This four-story Art Deco–style building features 16 spacious 1 bed / 1.5 bath units and 8 large 2 bed / 2 bath units, ranging from 973 SF to 1,270 SF. The building is currently vacant and ready for renovation, offering investors the perfect chance to bring it up to modern standards. Amenities include an elevator, pool, laundry rooms, storage, and 36 parking spaces.Unbeatable location—walking distance to Bal Harbour Shops, top-tier restaurants, and an A+ rated school just steps away. A true Bay Harbor gem with tremendous upside potential. Contact listing agent for details. New Construction - Zoning: Residential - 65' High (6 Floors) and Max 32 Units.
Very rare opportunity to acquire a 24-unit building in the prestigious heart of Bay Harbor Islands. This four-story Art Deco–style building
Listing Code: 1149404325