Bay Harbor Islands Mulit-Family Homes, Properties For Sale

OPPORTUNITY LOCATED MULTIFAMILY BUILDING, FULLY RENTED. EXTREMELY LOW RENTS FOR THE AREA. ALL UNITS 2 BEDROOMS 2 BATHROOMS - WALKING DISTANCE TO BEACHES, MINUTES TO SURFSIDE, GREAT RESTAURANTS, BAL HARBOUR SHOPS AND SUPERMARKETS. GREAT OPPORTUNITY TO REDEVELOP AND KEEP AS INCOME PRODUCING!!!

DEVELOPMENT OPPORTUNITY! WELL-POSITIONED PROPERTY LOCATED ON 94TH ST IN BAY HARBOR ISLANDS, STEPS AWAY FROM ONE OF THE BEST K-8 SCHOOLS IN COUNTY, SHOPS AND BEACH. RM-2 ZONING ALLOWS APPROXIMATE TOTAL BUILD OF 24,000 SF, UP TO 65 FT IN HEIGHT, UP TO 15 RESIDENTIAL UNITS WITH PURCHASE OF TDRS. OTHERWISE UP TO 9 UNITS OR 8-9 TRI-LEVEL TOWNHOUSES. EXISTING 4-UNIT MULTIFAMILY 4-UNIT MULTIFAMILY BUILDING FULLY RENTED AVERAGING $1,800/MONTH PER 2 UNIT,$1,700/MONTH PER 2 UNIT, LARGE LOT WITH 10,425 SQFT. ALL UNITS MUST BE PURCHASED TOGETHER.