1070 98Th St Bay Harbor Islands, FL 33154

This exceptional 33,750 square foot development site in prestigious Bay Harbor Islands, Florida, presents a unique redevelopment opportunity. Located at 1070 98th Street, 33154, this property boasts a prime location directly across from a new recreational and dog park, enhancing its appeal and potential value. Currently improved with three income-producing buildings, the site is zoned for multifamily, rental, condominium, or apartment development, allowing for a building height of up to 65 feet. This flexibility caters to a variety of development plans, making it ideal for a 1031 exchange investor, a medium-sized builder seeking a prime location, or an investor looking to expand their portfolio. The asking price is $25,000,000. Given its size, location, and zoning potential, this is a truly one-of-a-kind offering in a highly desirable Miami-Dade County location. The property's strategic position and zoning flexibility offer significant upside potential for future development. This is a rare opportunity to acquire a substantial land parcel in a thriving waterfront community with exceptional amenities and strong growth prospects. Don't miss this chance to secure a premier development site in one of South Florida's most sought-after locations.