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Key Details
Sold Price $3,650,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Bay Harbor Island
MLS Listing ID A11951170
Sold Date 06/22/26
HOA Y/N No
Annual Tax Amount $26,164
Tax Year 2025
Contingent Other
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Unimproved Land
Property Description
Prime development opportunity in the highly desirable Bay Harbor Islands market. This property is located in a walkable, high-demand neighborhood surrounded by luxury retail, dining, schools, places of worship, and just minutes from the beach, Surfside, and Bal Harbour.The site features a 11,250 SF lot and includes 9 Transferable Development Rights (TDRs), offering the potential to develop up to 9 residential units, subject to city approvals. This creates a rare opportunity for developers to maximize density in a market with limited land availability and strong end-user demand.Bay Harbor Islands continues to show sustained growth, limited inventory, and strong absorption, making this an attractive project for both luxury rental or condominium development.Disclaimer: All development potential, unit count, square footage, zoning, and use are subject to verification and approval by the Town of Bay Harbor Islands and other applicable authorities. Buyers are encouraged to conduct their own due diligence.Property is offered as-is.Showings by appointment only with advance notice.Please do not disturb tenants.
Location
State FL
County Miami-dade
Community Near Schools, Sidewalks
Area 2220
Zoning 4500
Direction South
Rooms
Other Rooms None
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Community Features Near Schools, Sidewalks
Water Access Desc Public
Present Use Other,Residential,Single Family
Road Frontage Public Road
Building
Lot Description City Lot
Faces South
Sewer Public Sewer
Water Public
Additional Building None
Schools
Elementary Schools Ruth K. Broad Bay Harbor K-8
High Schools Miami Beach
Others
Tax ID 1322270012790
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash
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Bought with Javier Angel Fortune Christie's Intl R.E.
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Devita Maxwell
Broker Associate | License ID: 239666
Broker Associate License ID: 239666