Half-acre site located in Bay Harbour Islands. Recent zoning changes allow 8 story condo buildings with around 36 luxury units and an average unit size of 1700 square feet, 2 levels of parking (2 per unit) plus roof top swimming pool, cabanas, and other amenities. Total allowable building area is around 50,000 square feet net. As a design exercise, see renderings of a proposed Bay Harbor Two. These renderings provide a solid idea of what can be built on the property. Identified as Bay Harbor Two, the concept is for a 36-unit condominium with a roof garden, rooftop pool & cabanas, and 2 floors of parking. Renderings and plans were crafted as a zoning and use study for this site. Based on updated zoning regulations, the total allowable building area is around 50,000 square feet net.
Listing courtesy of Alterra Realty Group Inc.