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$3,850,000
Est. payment /mo
0.26 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Bay Harbor Island
MLS Listing ID A11861021
HOA Y/N No
Annual Tax Amount $24,671
Tax Year 2024
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Residential
Property Description
Bay Harbor Islands – Boutique Development Opportunity
- Lot Size / Zoning: 11,250 SF, RM-2
- Current Improvement: 4-unit multifamily
- Development Potential: Up to 9 luxury residences (~20,000 SF/ 7 stories)
Prime Location & Lifestyle:
- Steps from Bal Harbour Shops, fine dining, synagogues, schools, and cultural institutions
- Walking distance to the beach
- Minutes from Four Seasons Surf Club, St. Regis, and other high-end hotels
- Surrounded by successful new luxury developments: Indian Creek Residences, La Maré, La Baia, The Well, among others
Why This Property Stands Out:
- Limited land availability in Bay Harbor Islands
- Recent land comp sold for $4.15M
- Strong market demand: Solina units preselling at $1,100–$1,200/SF
- Cleared the 50-year inspection
- Lot Size / Zoning: 11,250 SF, RM-2
- Current Improvement: 4-unit multifamily
- Development Potential: Up to 9 luxury residences (~20,000 SF/ 7 stories)
Prime Location & Lifestyle:
- Steps from Bal Harbour Shops, fine dining, synagogues, schools, and cultural institutions
- Walking distance to the beach
- Minutes from Four Seasons Surf Club, St. Regis, and other high-end hotels
- Surrounded by successful new luxury developments: Indian Creek Residences, La Maré, La Baia, The Well, among others
Why This Property Stands Out:
- Limited land availability in Bay Harbor Islands
- Recent land comp sold for $4.15M
- Strong market demand: Solina units preselling at $1,100–$1,200/SF
- Cleared the 50-year inspection
Location
State FL
County Miami-dade
Community Bay Harbor Island
Area 22
Exterior
Private Pool Yes
Building
Faces South
Others
Tax ID 13-22-27-001-2790
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11861021
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