Palm Villas 4 out 14 Townhomes | 1000 99th St
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Palm Villas 4 out 14 Townhomes 1000 99th St
4 Unit Apartment Building $6,750,000 ($1,687,500/Unit) Bay Harbor Islands, FL 33154
Executive Summary
Introducing a prime investment opportunity in the Miami market, this impeccably maintained luxury condo portfolio boasts a total of 10,071 square feet within 4 units. Built in 2020 and zoned RM-2, this modern property offers a lucrative 100% occupancy, showcasing its desirability and income-generating potential. This turnkey investment is a testament to quality construction and thoughtful design. With its strong rental history and contemporary finishings, this property presents a compelling opportunity for investors seeking a stable and thriving asset in the heart of Miami's real estate market.
Unit Features:
-spacious floor plans ranging from 2,274 to 2,950 square feet
-3 or 5-bedroom residences with guest suites
-10-feet ceilings
-private elevators in each residence
-partially covered rooftop terraces with air conditioning
-private patios
-exclusive interior design by Schapiro Associates
-floor-to-ceiling windows
-beautiful landscape design
-contemporary architecture
-smart home technology ready
-gated private community
-Bosch appliances
-European custom cabinetry
-2 assigned parking spaces per unit
-pet friendly
Unit Features:
-spacious floor plans ranging from 2,274 to 2,950 square feet
-3 or 5-bedroom residences with guest suites
-10-feet ceilings
-private elevators in each residence
-partially covered rooftop terraces with air conditioning
-private patios
-exclusive interior design by Schapiro Associates
-floor-to-ceiling windows
-beautiful landscape design
-contemporary architecture
-smart home technology ready
-gated private community
-Bosch appliances
-European custom cabinetry
-2 assigned parking spaces per unit
-pet friendly
Property Facts
| Price | $6,750,000 | Building Class | C |
| Price Per Unit | $1,687,500 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 10,071 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2020 |
| Apartment Style | Low Rise | Parking Ratio | 0.4/1,000 SF |
| Price | $6,750,000 |
| Price Per Unit | $1,687,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 10,071 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2020 |
| Parking Ratio | 0.4/1,000 SF |
Unit Amenities
- Balcony
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4.5 | 3 | - | - |
| 3+2.5 | 1 | - | - |
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Walk Score ®
Very Walkable (72)
Bike Score ®
Very Bikeable (85)
zoning
| Zoning Code | RM-2 |
| RM-2 |
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Palm Villas 4 out 14 Townhomes | 1000 99th St
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