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.
Multifamily property - Prime Bay Harbor Islands investment
Where is this multifamily property 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.
Request Owner's contact information
1000 99Th St Bay Harbor Islands, FL 33154
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
1000 99Th St Bay Harbor Islands, FL 33154
Message sent successfully
Error
Email to Your Friends
Message sent successfully
Error
Realmo Value Estimation
Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods.
Disclaimer
These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.
AI approach
Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.
Cap approach
Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.
Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
More about this property
1000 99Th St Bay Harbor Islands, FL 33154
More about this listing
1000 99Th St, Bay Harbor Islands, FL
Mariano Saal
Contact Person
Your message was sent
Please go to your email box to view our message with essential information.
Please check junk/spam folder if you did not receive email.
Error
Your message wasn't sent. Try again
Request price
1000 99Th St, Bay Harbor Islands, FL
Mariano Saal
Contact Person
Thank You
Your message was sent!
Error
Your message wasn't sent. Try again
Property Records & Analytics
1000 99Th St, Bay Harbor Islands, FL
Thank You
Your message was sent!
Error
Your message wasn't sent. Try again
Request Owner's contact information
1000 99Th St, Bay Harbor Islands, FL
Thank You
Your message was sent!
Error
Your message wasn't sent. Try again
Current Estimation by Request
1000 99Th St, Bay Harbor Islands, FL
Thank You
Your message was sent!
Error
Your message wasn't sent. Try again
Send Message
to 1000 99Th St Bay Harbor Islands, FL 33154
1000 99Th St, Bay Harbor Islands, FL
Mariano Saal
Contact Person
Thank You
Your message was sent!
Error
Your message wasn't sent. Try again
Google sign-in failed. Please try again or use another login method.