Sold
1175 S 98th St Unit: 20 UNITS
Bay Harbor Islands FL, 33154
$7,800,000
$480.06 per sqft
Sold
16,248 sqft
Commercial
Built in 1957
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)
A11237291
MLSⓇ ID
July 7, 2022
Listed
February 15, 2024
Updated
Map
1175 S 98th St Unit: 20 UNITS
Bay Harbor Islands FL, 33154
Interior Features
Total Stories
2
Floor Description
Ceramic Floor, Vinyl
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.5 Acres
Lot Features
City Location, Corner Lot
Roof
Shingle
Sewer
Public Sanitation
Other Property Details
Taxes
$57,802
Tax Frequency
Annually
Days on Market
12
Garage
No
Parking
Assigned, On Street
Parking Total
27
View
No
County
Miami-Dade County
Water Source
Public
Pool
No
Zoning
RM-2
Buyer Agency Compensation
3%
Listing History
Date | Event | Price |
|---|---|---|
11/10/2023 | Sold | $7,800,000 |
Listed by: Douglas Elliman
Listing Contact: 561-566-0151
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. 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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 Miami Association of REALTORS® all rights reserved.
Data last updated 7:51 AM UTC, 2/15/2024.