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- LoopNet Team
1130-1140 100th St
Bay Harbor Islands, FL 33154
Build 36+\- units, Bay Harbor Islands, 0.5ac · Land For Sale · 0.52 AC
Investment Highlights
- Build up to 36 units, 8-story building
- 2 parking spaces per unit, 2 parking levels
- Walking distance to the beach
- Rooftop pool & cabanas
- Large, luxurious units
- Walking distance to Shops at Bal Harbour
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.52 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.52 AC |
Description
Half-acre site located in Bay Harbour Islands. Recent zoning changes allow 8 story condo buildings with around 36 luxury units and an average unit size of 1700 square feet, 2 levels of parking (2 per unit) plus roof top swimming pool, cabanas, and other amenities. Total allowable building area is around 50,000 square feet net. As a design exercise, see renderings of a proposed Bay Harbor Two. These renderings provide a solide idea of what can be built on the property. Identified as Bay Harbor Two, the concept is for a 36-unit condominium with a roof garden, rooftop pool & cabanas, and 2 floors of parking Bay Harbor Islands is a small, quaint community in Miami-Dade County, Florida. It’s is separated from the mainland by Biscayne Bay, over which the land masses are connected via the Broad Causeway. On the mainland side, Bay Harbor Islands is bordered by the city of North Miami, while to the east it borders the villages of Bal Harbour and Surfside. To the south lies the exclusive village of Indian Creek. Bay Harbor Islands is about 20 minutes' driving distance away from Miami International Airport, and it is situated between the larger cities of Aventura and Miami Beach. Along a beautifully landscaped concourse in the center of town, there are plenty of great shopping and fine dining options to enjoy. Also nearby is one of the most popular synagogues in the area, The Shul of Bal Harbour. Renderings and plans were crafted as a zoning and use study for this site. Based upon updated zoning regulations, the total allowable building area is around 50,000 square feet net. Identified as Bay Harbor Two, the concept is for a 36-unit condominium, 8-story building with a roof garden, rooftop pool & cabanas, and 2 floors of parking and an average unit size of 1700 square feet. Build up to 36 units 8-story building Rooftop pool & cabanas 2 parking spaces per unit, 2 parking levels Large, luxurious units Walking distance to the beach Walking distance to St. Regis & Ritz Carlton Walking distance to Shops at Bal Harbour Walking distance to Kane Concourse Strong Demographics Demand for new construction
PROPERTY TAXES
| Parcel Number | 13-2227-001-1670 | Improvements Assessment | $0 |
| Land Assessment | $4,500,000 | Total Assessment | $4,500,000 |
PROPERTY TAXES
zoning
| Zoning Code | RE |
| RE |
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