Bay Harbor Islands, FL

1130 102nd St, Bay Harbor Islands FL 33154

$4,500,000

Key Details

Status
Active
Property Type
Income/MultiFamily
Year Built
1964

Overview

Meticulously maintained 6-unit building. This investment property offers 4 spacious 2-bed/2-bath units and 2 charming 1-bed/1-bath units. Recent upgrades, including a complete overhaul of the electrical system and city-standard plumbing connections. Pool area features new marcite, pipes, pump, vacuum, alert system, drain, and ladder. Each unit has large eat-in kitchens and exterior concrete storage. Ten off-street parking spaces. Currently leased month-to-month, this property offers immediate rental income potential. Set on an 11,250 SF lot,a luxury developer's dream. Zoning permits 15 residential units or 66 lodging units over 39,000 SF. 3-Transferable Development Rights (TDRs) are included, Bay Harbor Islands’ zoning allows short-term leasing, boosting income potential.

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