Bal Harbor Real Estate Search

Bal Harbor Multi-Family Properties for Sale

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Newest Bal Harbor Multi-Family Homes for Sale

$2,149,000
A12044962 MLS Victoria Park Corr Amen P BLDG.
-LEGAL 5 UNITS: Turnkey Short-Term Rental Investment in Prime Victoria Park. Multifamily Rare opportunity to acquire a legal 5-unit multifamily building in the heart of Victoria Park, one of Fort Lauderdale’s most desirable and supply-constrained neighborhoods. RCs-15 zoning severely restricts new multifamily construction, making existing income-producing properties like this increasingly rare and difficult to replace. This two-story building features a strong unit mix with 3 large 1-bedroom units, 1 spacious studio, and 1 very large 2-bedS/ 1-bath unit. All 5 legal units were fully renovated in 2024, including updated kitchens, bathrooms, flooring, and comprehensive interior upgrades. Full impact windows are installed throughout all units, enhancing safety, insurability, and long-term value. The property generated over $180,000 in gross income in 2025 and is currently operated as a short-term rental business. The existing short-term rental operation is included in the sale, and the property is offered fully furnished and equipped, allowing immediate continuation of operations upon closing. Additional features include a 6,633 SF lot, 6 on-site parking spaces, a separate exterior coin-operated laundry room, and six individual electrical meters (1 per legal unit) plus an additional house meter. A true turnkey, legal multifamily investment in a prime location where new commercial and multifamily development is no longer permitted, supporting long-term cash flow and appreciation.

1730 Ne 7th St Unit 1-5, Fort Lauderdale

$1,799,000
B26045137 MLS
Exceptional mixed-use redevelopment opportunity in the heart of Downtown Hollywood, Florida! Situated on a highly visible corner lot, this property is currently operating as a successful income-producing Airbnb and wellness spa, offering immediate cash flow while planning for future development. Zoned ND-3, this premier site allows for a wide variety of residential, commercial, office, hospitality, and mixed-use applications, with the potential to develop up to 10 stories. Located just steps from vibrant Hollywood Boulevard and surrounded by new development, restaurants, retail, entertainment, and luxury residential projects, this property sits in one of the fastest-growing and most dynamic corridors in Broward County. The area continues to experience significant investment and redevelopment, making this a rare opportunity for investors, developers, and owner-users alike. Ideal for a luxury residential tower, boutique mixed-use development, medical office, wellness center, law firm headquarters, professional office building, boutique hotel, or continued hospitality and spa operation. The corner location provides excellent visibility, accessibility, and long-term appreciation potential. Whether you're seeking an income-producing asset today or a strategic land acquisition for tomorrow's development, this property offers the flexibility, zoning, and location that sophisticated investors and developers are looking for. Some photos are virtual renderings. NOTE: The Adjoining property at 219 N 21st Ave is also available for sale separately, offering a rare chance to assemble nearly .40 acres for a larger-scale project. Own The Whole Block!

2040 Polk Street, Hollywood

$2,200,000
A12041367 MLS Ocean Beach Addn No 3 BLDG.
Rare opportunity to acquire one of Miami Beach’s most unique income-producing assets. Ideally located in the heart of the Flamingo Park Historic District, this exceptional fourplex combines immediate cash flow, historic significance, and outstanding long-term investment potential. Built in 1921, the property is officially recognized as a historic Contributing Building, preserving the architectural charm and character that make Miami Beach one of the country’s most desirable destinations. Situated on an oversized 6,580 SF lot with approximately 2,558 SF of living area, the property features four residential units, including two spacious 2-bedroom apartments—a rare feature in South Beach that enhances rental appeal and income potential. The property’s unique configuration offers an additional strategic advantage. While preserving its historic front structure, the rear portion of the site may present future value-add opportunities, subject to buyer verification and approval by the City of Miami Beach. This combination of historic character and future flexibility is rarely available. Just blocks from the beach, Flamingo Park, Lincoln Road, renowned restaurants, cafés, shopping, entertainment, and cultural attractions, the property enjoys strong rental demand in one of South Florida’s most desirable neighborhoods. An exceptional opportunity for investors seeking stable income, long-term appreciation, and a truly distinctive Miami Beach asset.

912 Euclid Ave, Miami Beach

$1,300,000
A12040315 MLS Isle Of Normandy Miami Vi BLDG.
Excellent investment opportunity in the heart of Miami Beach. This four-unit multifamily property is located at 1730 Marseilles Drive and consists of four 1-bedroom, 1-bathroom apartments with separate electric meters and strong rental demand in the area. One unit has been recently updated with a brand-new bathroom, while the property has been maintained over the years with A/C units ranging from approximately 1 to 5 years old. A significant benefit for investors is that the property has already completed its 40-Year Recertification, providing added peace of mind and reducing concerns about major compliance requirements. Ideally situated near beaches, shopping, dining, parks, schools, major roadways, and public transportation, this property offers convenience for tenants and long-term upside for investors. The building features a functional layout, on-site parking, and a desirable location within one of South Florida’s most established rental markets. Whether you are looking to expand your portfolio, complete a 1031 exchange, or acquire a value-add asset with income potential, this property presents an attractive opportunity in Miami Beach. Centrally located with easy access to Downtown Miami, South Beach, Bal Harbour, and Miami International Airport. Multifamily opportunities in this area are limited, making this a compelling option for investors seeking stable demand and future appreciation potential.

1730 Marseille Dr, Miami Beach

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