Multifamily Redevelopment Land
1060 98 St Bay Harbor Islands, FL 33154
For Sale
$25,000,000
LAND - Bay Harbor Islands, FL
Property Size33,750 SF
Lot Size0.77 Acres
Price / SF$740.74
Days on Market72
Property Features for 1060 98 St
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 13-22-27-020-0000
- Lot size
- 0.77 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- BAY HARBOR ISLAND PB 46-5 LOTS 4-5 & 6 BLK 10 1060 CO-OP APTS INC
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Water source
- Public
Listing Agency:
One Sotheby's International Realty
(305) 538-9711
Listed By:
Fabian Garcia-Diaz · License #0492073
(305) 785-8013
Added: May 15
Changed: Jun 30
Last Checked: Jul 25 at 4:06AM
MLS# A11707280
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This redevelopment land parcel totals approximately 0.77 acres and is positioned as a multifamily and condominium site with an estimated 33,750 SF. The property is currently improved with three income-producing buildings. Zoning supports multifamily use, including rental apartments and condominium development.
The parcel is located across from a new recreational and dog park. Zoning also provides for multifamily and condo development with an approximate 65-foot height allowance, supporting medium-density redevelopment planning.
The existing buildings and multifamily-ready zoning make the site practical for investors seeking a redevelopment strategy and for builders evaluating condominium or apartment development under the stated height parameters. The combination of current income generation and clear zoning direction can help streamline early planning for qualified multifamily, rental, or condo operators and 1031 exchange buyers.
The parcel is located across from a new recreational and dog park. Zoning also provides for multifamily and condo development with an approximate 65-foot height allowance, supporting medium-density redevelopment planning.
The existing buildings and multifamily-ready zoning make the site practical for investors seeking a redevelopment strategy and for builders evaluating condominium or apartment development under the stated height parameters. The combination of current income generation and clear zoning direction can help streamline early planning for qualified multifamily, rental, or condo operators and 1031 exchange buyers.
Key Highlights
- Approx 33,750 SF redevelopment property with multifamily‑focused zoning
- Zoned for multifamily, rental, condominium, or apartments (65 ft height allowed)
- Currently features three income‑producing buildings
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
1031 exchange properties
FAQs
What type of property is this?
Apartment building - Redevelopment site with existing income-producing buildings and multifamily condo zoning, including up to 65-foot height.
Where is this apartment building located?
The property is located at 1060 98 St Bay Harbor Islands, FL.
What is the asking price?
The asking price for this property is $25,000,000.
What are key features of this property?
This property features: Approx 33,750 SF redevelopment property with multifamily‑focused zoning; Zoned for multifamily, rental, condominium, or apartments (65 ft height allowed); Currently features three income‑producing buildings
