- $3,999,000
Description
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.
Address
Open on Google Maps-
Address: Array
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City: Bay Harbor Islands
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State/county: Miami-Dade
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Zip/Postal Code: Array
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Area: Bay Harbor Islands
Details
Updated on August 27, 2026 at 9:56 am-
Property ID Array
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Price $3,999,000
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Land Area 0.24 Sq Ft
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Year Built 1957
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Type Multi Family
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Property Status Commercial Sale
Additional details
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BuildingAreaTotal 8410
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CLIP 6585331347
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ContractStatusChangeDate 2026-04-07
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Cooling Central Air
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CumulativeDaysOnMarket 141
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CurrentPrice 3999000
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DaysOnMarket 141
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DaysOnMarketReplication 141
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DaysOnMarketReplicationDate 2026-08-26
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DaysOnMarketReplicationIncreasingYN 1
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DocumentsChangeTimestamp 2026-04-14T14:10:50.000-00:00
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DocumentsCount 0
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Heating Central, Individual
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR Miami REALTORS
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ListAgentAOR Miami Association of REALTORS
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ListAgentDirectPhone 305-336-2841
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ListAgentEmail adamziefer@gmail.com
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ListAgentFirstName Adam
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ListAgentFullName Adam Jay Ziefer
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ListAgentKey 26748837
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ListAgentKeyNumeric 26748837
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ListAgentLastName Ziefer
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ListAgentMiddleName Jay
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ListAgentMlsId SEF3470237
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ListAgentNationalAssociationId 279641873
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ListAgentOfficePhone 305-677-2036
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ListAgentPreferredPhone 305-336-2841
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ListAgentStateLicense 3470237
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ListOfficeAOR Miami Association of REALTORS
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ListOfficeEmail Mercedes.Saewitz@corcoran.com
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ListOfficeKey 5902413
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ListOfficeKeyNumeric 5902413
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ListOfficeMlsId SEFTCNG02
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ListOfficeName The Corcoran Group
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ListOfficePhone 305-677-2036
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2026-04-07
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ListingKeyNumeric 1156918415
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ListingTerms Cash, Conventional
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LotSizeArea 10425
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MLSAreaMajor 2220
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MajorChangeTimestamp 2026-07-01T11:33:31.000-00:00
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MajorChangeType Price Change
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MapCoordinateSource Imported
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MlsStatus Active
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MobileDimUnits Feet
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ModificationTimestamp 2026-08-27T04:55:55.983-00:00
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NumberOfUnitsTotal 6
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OccupantType Tenant
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OnMarketDate 2026-04-07
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OnMarketTimestamp 2026-04-07T00:00:00.000-00:00
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OpenHouseModificationTimestamp 2026-08-26T19:24:05.833-00:00
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OriginalEntryTimestamp 2026-04-07T13:04:05.000-00:00
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OriginalListPrice 4500000
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OriginatingSystemID M00000151
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OriginatingSystemKey 565415521
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OriginatingSystemListAgentMemberKey 1200359
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OriginatingSystemListOfficeKey 1260138
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OriginatingSystemModificationTimestamp 2026-08-26T19:24:05.833-00:00
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OriginatingSystemName BEACH
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OriginatingSystemSubName BEACH_MIAMI
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ParcelNumber 1322270011710
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ParkingFeatures Assigned
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ParkingTotal 12
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Permission IDX
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PhotosChangeTimestamp 2026-08-27T04:55:55.860-00:00
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PhotosCount 19
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Possession Negotiable
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PostalCity Bay Harbor Islands
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PostalCodePlus4 1520
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PreviousListPrice 4500000
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PriceChangeTimestamp 2026-07-01T11:33:31.000-00:00
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PropertySubTypeAdditional Multi Family
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PublicSurveyTownship 13
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Sewer Public Sewer
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SourceSystemID TRESTLE
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SourceSystemKey 1156918415
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SourceSystemName flexmls
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StateOrProvince FL
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StatusChangeTimestamp 2026-04-07T00:00:00.000-00:00
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StreetName 100th
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StreetNumber 1160
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StreetNumberNumeric 1160
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StreetSuffix Street
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TaxLegalDescription 26-27-34-35 52 42 BAY HARBOR ISLAND PB 46-5 LOT 8 LESS N11FT FOR ST BLK 8 LOT SIZE 75.000 X 139 COC 22074-4440/4441 0204 6
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UniversalPropertyId US-12025-N-1322270011710-R-N
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VideosChangeTimestamp 2026-08-27T04:55:55.860-00:00
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VideosCount 0
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WaterSource Public
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Zoning 4500
Features
Overview
- Multi Family
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