9110 W Bay Harbor Dr, Bay Harbor Islands, FL 33154

$6,500,000
List Price
$6,500,000
MLS#
A10793643
Status
ACTIVE
Type
Commercial

Property Description

Great potential for development for new waterfront condominium residences. Currently a condominium 80% rented. This 10-unit apartment Condominium building located in desirable Bay Harbor Islands of which the property is directly on the water facing prestigious Indian Creek Island. build in 1953 is situated on an approx. 14,690 sq. ft lot with 10,054 sq. ft LA. The building is comprised of ten apartments that some have been renovated with 4 two bedrooms two bathrooms and 6 one bedrooms and one bathroom. The building has seen increasing rents and high levels of demand in this area. this opportunity gives an investor the ability to acquire 10 units condominium in a highly desirable sub-market with limited inventory that has seen continual market appreciation and international demand.

Additional Information

Days on Market
157
Waterfront Description
Canal Width 81-120 Feet, Intracoastal Front, Seawall
Water Access
Building & Land, Leases, Equipment, Leases, License
Parcel Number
13-22-27-087-0000
Lot Size
14,690
Directions
google map
Address
9110 W Bay Harbor Dr, Bay Harbor Islands
Year Built
1953
Section
27
Special Information
Sale

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of SoBe Realty, Inc..