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Six-Unit Multifamily Property

1130 102nd Street Bay Harbor Islands, FL 33154

1130 102nd Street, Bay Harbor Islands, FL, 33154
$4,500,000
For Sale
$4,500,000

Meticulously maintained 6-unit building with 4 two-bedroom and 2 one-bedroom units plus off-street parking.

Property Size6,966 SF
Lot Size0.26 Acres
Price / SF$645.99
Days on Market720

Property Features for 1130 102nd Street

General Information

Standard status
Active
Size
6,966 SF
Lot size
0.26 Acres
Property subtype
Commercial/Industrial / Income/Multi Family

Building Details

Year Built
1964
Listing agency Eleventrust LLC
Listed by Sharif Bula · License #3057657
Source Compass
Added: Aug 1, 2024 Updated: Jul 20 at 5:05PM Checked: Jul 21 at 8:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Eleventrust LLC


Investment Insights

Based on property information with market context.

Meticulously maintained 6-unit multifamily property featuring 4 two-bedroom/two-bath units and 2 one-bedroom/one-bath units. Interiors include large eat-in kitchens, and each unit has exterior concrete storage. Recent upgrades include a complete overhaul of the electrical system and city-standard plumbing connections.

The pool area has been refreshed with new marcite, pipes, pump, vacuum, alert system, drain, and ladder. The property also provides ten off-street parking spaces, and it is currently leased on a month-to-month basis.

The building sits on an 11,250 SF lot. Zoning permits 15 residential units or 66 lodging units over 39,000 SF, and 9 transferable development rights (TDRs) are included, with Bay Harbor Islands’ zoning allowing short-term leasing.

Key Highlights

  • 1964‑built 6‑unit multifamily with 4 x 2 bed/2 bath units and 2 x 1 bed/1 bath units.
  • City‑standard plumbing connections and complete electrical system overhaul reported as recent upgrades.
  • Pool area updated with new marcite, pipes, pump, vacuum, alert system, drain, and ladder.

Property Analytics

Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Grocery & Convenience Store Plumbing Service Locksmith Daycare Center Computer & Electronic Repair Tech Support Center Veterinary Clinic Pet Grooming Service HVAC Service Tattoo & Piercing Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Meticulously maintained 6-unit building with 4 two-bedroom and 2 one-bedroom units plus off-street parking.
Where is this apartment building located?
The property is located at 1130 102nd Street Bay Harbor Islands, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 1964‑built 6‑unit multifamily with 4 x 2 bed/2 bath units and 2 x 1 bed/1 bath units.; City‑standard plumbing connections and complete electrical system overhaul reported as recent upgrades.; Pool area updated with new marcite, pipes, pump, vacuum, alert system, drain, and ladder.
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