This exceptional four-unit apartment building, located at 1000 99th St, Bay Harbor Islands, FL 33154, presents a lucrative investment opportunity. Built in 2020, this meticulously maintained property boasts a total of 10,071 square feet, achieving 100% occupancy. Each of the four units offers a unique blend of luxury and comfort, featuring spacious floor plans ranging from 2,274 to 2,950 square feet. Residents enjoy upscale amenities including private elevators, partially covered rooftop terraces with air conditioning, private patios, and assigned parking (one space per unit). The interior design, by Schapiro Associates, showcases contemporary architecture, floor-to-ceiling windows, European custom cabinetry, and Bosch appliances. Smart home technology readiness adds to the modern appeal. The gated community provides added security and peace of mind. The property sits on a ground lease and is priced at $6,750,000, with a price per unit of $1,687,500 and a price per square foot of $670.24. This turnkey investment in the desirable Bay Harbor Islands area offers a strong rental history and significant potential for high returns in a rapidly growing market. The property's prime location provides easy access to pristine beaches, vibrant city life, and top-tier amenities. This is a rare opportunity to acquire a prestigious, high-performing asset in one of South Florida's most sought-after locations. The pet-friendly building features 3 or 5-bedroom residences, many with guest suites and 10-foot ceilings. The beautiful landscaping complements the contemporary design. This is a truly exceptional investment opportunity.
Apartment building - Prime Bay Harbor Islands investment
Where is the apartment building located?
The property is located at 1000 99Th St Bay Harbor Islands, FL.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: Prime Miami luxury condo portfolio: 10,071 SF, 4 units, 100% occupancy.; Built in 2020, RM-2 zoning, turnkey investment with strong rental history.; Spacious 2,274-2,950 SF units; 3 or 5 bedrooms, guest suites; 10' ceilings.
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Contacts
Mariano Saal
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99Th St Bay Harbor Islands, FL 33154
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99Th St Bay Harbor Islands, FL 33154
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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1000 99Th St
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