1175 S 98th St Unit: 20 UNITS, Bay Harbor Islands FL, 33154

Sold

Closed

1175 S 98th St Unit: 20 UNITS

Bay Harbor Islands FL, 33154

$7,800,000

$480.06 per sqft

Sold

Closed

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

October 2, 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: 0.44 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

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.

Data last updated 2:21 AM UTC, 10/2/2024.