Exceptional Development. 23,000+ Buildable SF Concept Design by Kobi Karp Ideally located on 94th Street in the heart of Bay Harbor Islands, this 11,250 sq ft, steps from one of the county’s top-rated K–8 schools, world-class shopping, dining, and pristine beaches. The proposed renderings by Kobi Karp calls for 8 to 9 very large units The lot itself is Zoned RM-2, offers prime redevelopment potential with approximately 23,000 buildable square feet, allowing for up to 14 luxury condominium or townhouse residences. The existing structure is a 4-unit multifamily with 8 Bedrooms + Dens on each unit and 8 Bathrooms that needs TLC.
Prime development opportunity in the highly desirable Bay Harbor Islands market. This property is located in a walkable, high-demand neighborhood surrounded by luxury retail, dining, schools, places of worship, and just minutes from the beach, Surfside, and Bal Harbour. The site features a 11,250 SF lot and includes 9 Transferable Development Rights (TDRs), offering the potential to develop up to 9 residential units, subject to city approvals. This creates a rare opportunity for developers to maximize density in a market with limited land availability and strong end-user demand. Bay Harbor Islands continues to show sustained growth, limited inventory, and strong absorption, making this an attractive project for both luxury rental or condominium development. Disclaimer: All development potential, unit count, square footage, zoning, and use are subject to verification and approval by the Town of Bay Harbor Islands and other applicable authorities. Buyers are encouraged to conduct their own due diligence. Property is offered as-is. Showings by appointment only with advance notice. Please do not disturb tenants.
Perfectly situated 10,000 sq. ft. lot in highly sought-out Bay Harbor Islands within a limited supply area. Located steps from the park and Biscayne Bay, near Bal Harbour mall, restaurants, beaches and A+ public schools. Rare investment opportunity both for builders and end users. Don’t miss a great chance to build your dream home.
Income-producing 4-unit STR multifamily with prime redevelopment potential in Bay Harbor Islands, directly across from the prestigious LA MARE project. This property generates steady rental income and is zoned for an 8-unit luxury condominium development. Situated just minutes from Bal Harbour Shops, pristine beaches, and top-rated schools, this is a rare opportunity for investors or developers looking to maximize value in a high-demand area. Property Highlights: ? 4-unit short-term rental multifamily – Fully operational & income-generating ? Zoning allows for up to 8 luxury condo residences ? Prime location – Steps from shopping, dining, and top schools ? Strong upside potential – Ideal for investors or boutique developers
Premier Redevelopment Opportunity (Approx 33,750 SF). Zoned for multifamily, rental, condominium or apartments. Across from the new recreational & dog park. Currently three income producing buildings & zoning allows Multifamily / condo 65ft height. Perfect for a 1031 investor, medium sized builder, or for an investment portfolio. One-of-a-kind offering. Will not last!
CORNER BOAT SLIP FOR SALE IN KAI Building, UP TO 24 FEET BOAT, MUST BE A CONDO UNIT OWNER TO PURCHASE
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Bay Harbor Islands is located in Florida. Bay Harbor Islands, Florida has a population of 5,880. Bay Harbor Islands is more family-centric than the surrounding county with 38.25% of the households containing married families with children. The county average for households married with children is 27.22%.
The median household income in Bay Harbor Islands, Florida is $79,824. The median household income for the surrounding county is $57,815 compared to the national median of $69,021. The median age of people living in Bay Harbor Islands is 36.6 years.
The average high temperature in July is 89.6 degrees, with an average low temperature in January of 59 degrees. The average rainfall is approximately 59.1 inches per year, with 0 inches of snow per year.
