Premier Redevelopment Opportunity (Approx 33,750 SF). Zoned for multifamily, rental, condos or apartments. Across from the new recreational dog park. Currently three income-producing buildings & zoning allows for Multifamily / condo w/65ft height. Perfect for a 1031 investor, medium-sized builder, or for an investment portfolio. One-of-a-kind offering. Will not last!
Total Units: 30
Number of Buildings: 3
Number of stories: 2 per building
Year Built: 1956
Rentable Square Feet: 15,900 (Each unit is 530 Sq Ft x 30 total)
Lot Size: 33,750
Parking spots: 33 (1/2 owned by Bay Harbor Island. $600/year in maintenance)
Construction:
Foundation - Concrete
Framing - Brick
Exterior - Stucco
Parking Surface - Asphalt
Roof - Flat
30 one-bedroom total units between 3 buildings (10 per). Each individual apartment is 530 Sq Ft.