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1175 S 98th St, Bay Harbor Islands FL 33154

Commercial Recently Sold
$7,800,000

BTC: 121.77272993

ETH: 2,490.03189156

Sold on: 2022-11-18
12 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Extensively renovated and equipped! rare opportunity to acquire a unique 20-unit multifamily building, located within one of the safest and most desirable residential cities in the FL tri-county region. The property consists of 20 units, 16/4 mix 1 bD (818 sf) and 2 Bd (1019 sf), 27 dedicated street parkings. Extensive and thorough renovation, feels like a new. Corner lot steps away Kane Concourse, walking distance to Bal Harbor Shops and beach. Access to highly rated schools in Bay Harbor and the luxury lifestyle surroundings, commanding PREMIUM rents, and prices, in every kind of market and economy. This property is an ideal investment opportunity for investors looking for a ready to occupy, low maintenance proposition, with a relevant redevelopment opportunity upside (zoned RM-2)

Location

Florida • Bay Harbor Islands • 33154 • Commercial • Recently Sold

Facts and features

Type:
Commercial Sale
Parking:
Assigned / On Street
Year Built:
1957
Lot:
0.50 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features

  • Flooring

    • Ceramic Floor

    • Vinyl

  • Parking

    • Assigned

    • On Street

    Lot

    • Lot: 0.50 Acres

    Other Property Information

    • Parcel Number: 13-22-27-001-1970

    • Zoning: RM-2

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Green energy

    • Appliances

  • Other financial information

    • Annual tax amount: $57,802

  • Source details

    • MLS ID: A11237291

    Other facts

    • Construction Materials: Composition Shingle / Sheet Rock

    • Lot Features: City Location / Corner Lot

    • Window Features: Clear Impact Glass

    • Water Source: Public

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman