James Curnin Of Clara Homes Acquires Multifamily Property In Bay Harbor Islands For $17.6M

A multifamily property located at 10200 E Bay Harbor Dr & 10290 E Bay Harbor Dr in Bay Harbor Islands has been sold for $17,600,000. The transaction took place on April 29, 2022. The property spans 1.3 acres and has a total of 56,628 square feet. The sale price per square foot is $311.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $17,600,000
• Address: 10200 E Bay Harbor Dr & 10290 E Bay Harbor Dr, Bay Harbor Islands
• Market: Bay Harbor Islands

The property was purchased by James Curnin of Clara Homes and Clara Bay Harbor. The seller of the property is Issac Toledano. The transaction was facilitated by Chris Wood of CBRE.

The property currently consists of 24 units at 10200 E Bay Harbor Dr and 12 units at 10290 E Bay Harbor Dr. However, there are plans to add 77 future units, bringing the total number of units to 113. The price per future unit is estimated to be $228,571.