Bay Harbor Islands – Boutique Development Opportunity - Lot Size / Zoning: 11,250 SF, RM-2 - Current Improvement: 4-unit multifamily - Development Potential: Up to 9 luxury residences (~20,000 SF/ 7 stories) Prime Location & Lifestyle: - Steps from Bal Harbour Shops, fine dining, synagogues, schools, and cultural institutions - Walking distance to the beach - Minutes from Four Seasons Surf Club, St. Regis, and other high-end hotels - Surrounded by successful new luxury developments: Indian Creek Residences, La Maré, La Baia, The Well, among others Why This Property Stands Out: - Limited land availability in Bay Harbor Islands - Recent land comp sold for $4.15M - Strong market demand: Solina units preselling at $1,100–$1,200/SF - Cleared the 50-year inspection
