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1000 99Th St Bay Harbor Islands, FL 33154

For Sale
$6,750,000

Prime Bay Harbor Islands investment

Property size:
10,071 SF

Description

Added:
Dec 11, 2024
Days on Market:
368
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.

Property Features for 1000 99Th St

General Information

Property type
Multifamily properties
Square Feet
10,071 SF

Building Details

Year Built
2020
Units
4

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 Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Bay Harbor Islands
County
Miami-Dade
State
Florida
Longitude
-80.130653
Latitude
25.8894024

FAQs

What type of property is this?
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.
More about this property
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