Very rare opportunity to acquire a 24-unit building in the prestigious heart of Bay Harbor Islands. This four-story Art Deco–style building features 16 spacious 1 bed / 1.5 bath units and 8 large 2 bed / 2 bath units, ranging from 973 SF to 1,270 SF. The building is currently vacant and ready for renovation, offering investors the perfect chance to bring it up to modern standards. Amenities include an elevator, pool, laundry rooms, storage, and 36 parking spaces.Unbeatable location—walking distance to Bal Harbour Shops, top-tier restaurants, and an A+ rated school just steps away. A true Bay Harbor gem with tremendous upside potential. Contact listing agent for details.
New Construction - Zoning: Residential - 65' High (6 Floors) and Max 32 Units.
1080 93rd St, Bay Harbor Islands, FL, 33154
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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