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$25,000,000 Just Listed
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Property Description
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!
Full Property Details
Full Property Details for 1060 98th St
General
- Price: $25,000,000
- Status: Active
- Type: Commercial Multi-Family
- Source: Greater_Miami
- MLS ID: A12006082
- Updated: Today (4/22/2026)
- Added to Site: Today
Business
- Business Type: Commercial/Residential Income, Residential-Multi-Fa
Rental Information
- Lease/Rent Term: 1 To 3 Year Lease, Month To Month
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Total Spaces: 33
- Parking Features: Assigned
Location
- County: Miami-Dade County
- Driving Directions: Collins Ave to 96 st (Kane Concourse) West to W, Bay Harbor Dr.
Community
- Units Assoc/Comm: 30
Utilities
- Electric Available: Yes
- Sewer: Public Sanitation
- Water: Public
Structural Information
- # Buildings: 3
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Concrete
- Stories/Levels: 2
- Building Size: 15900
- Current Bldg. Use: Income Non-Waterfront
- Year Built: 1956
- Other Struct. Feat.: Balconies, City Licenses, Landscaped, Laundry Facilities
Unit Information
- Units in Complex: 30
Lot Features
- Lot Size (Acres): 0.77
- Lot Size (Sq. Ft.): 33,750
- Lot Dimensions: 150 x 225
- Frontage Feet: 225
- Lot Features: City Location, Corner Lot, Location In A Flood Zone
- Zoning: Multi Family rental
Financial Considerations
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: Sale
- Documents Avail.: Aerial Photo(S), Bylaws And Documents, Photos
- Inclusions: Building & Land, License
- Property ID: 13-22-27-020-0000
Listed by One Sotheby's International Realty
Get Pre-Approved Today
Schools
Schools serving 1060 98th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Ruth K. Broad Bay Harbor K-8 Center 1155 93rd Street, Bay Harbor Islands, FL 33154 | PK-5 | 0.3 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 5.1 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 6.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1060 98th St
Date
Details
Price
Change
Source
4/22/2026
Listed
$25,000,000
2602.7%
MLS
5/01/2008
Sold
$925,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1060 98th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$47,857
—
$2,843,500
5%
2024
$47,857
-18%
$2,702,853
-19%
2023
$58,280
128%
$3,350,336
141%
2021
$25,512
-7%
$1,388,221
-17%
2022
$27,556
8%
$1,663,441
20%
2021
$25,512
6%
$1,388,757
31%
2019
$24,079
15%
$1,064,021
10%
2018
$21,010
-10%
$967,292
-45%
2017
$23,453
17%
$1,770,635
121%
2016
$19,973
11%
$799,416
10%
2015
$17,940
8%
$726,742
10%
2014
$16,624
13%
$660,675
10%
2013
$14,731
—
$600,614
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1060 98th St
1060 98 St, Bay Harbor Islands, FL 33154 (MLS# A12006082) is a Commercial Multi-Family property. 1060 98 St is currently listed for $25,000,000 and was received on April 22, 2026. Want to learn more about 1060 98 St? Do you have questions about finding other Commercial Multi-Family real estate for sale in Bay Harbor Islands? You can browse all Bay Harbor Islands real estate or contact a Coldwell Banker agent to request more information.

