For Sale
$6,750,000

1000 99Th St Bay Harbor Islands, FL 33154

Prime Bay Harbor Islands investment

Overview

Added:
Dec 11, 2024
Days on market:
138
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.

Highlights

  • 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.
  • Private elevators, rooftop terraces (partially covered, A/C), private patios.
  • Schapiro Associates interior design, floor-to-ceiling windows, Bosch appliances, European cabinetry.
  • 2 assigned parking spaces per unit, gated community, pet-friendly, smart home ready.

Property Details for 1000 99Th St

Property type
Apartment buildings
Square Feet
10,071 SF
Year Built
2020
Units
4

Location Insight

City
Bay Harbor Islands
County
Miami-Dade
State
Florida
Latitude
25.8894024
Longitude
-80.130653

FAQs

What type of property is this?
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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1000 99Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message