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9950 E Bay Harbor Drive

Bay Harbor Islands, FL 33154

$4,200,000 $17,707/Mo

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Description

Income-producing 4-unit STR multifamily with prime redevelopment potential in Bay Harbor Islands, directly across from the prestigious LA MARE project. This property generates steady rental income and is zoned for an 8-unit luxury condominium development. Situated just minutes from Bal Harbour Shops, pristine beaches, and top-rated schools, this is a rare opportunity for investors or developers looking to maximize value in a high-demand area. Property Highlights: ? 4-unit short-term rental multifamily – Fully operational & income-generating ? Zoning allows for up to 8 luxury condo residences ? Prime location – Steps from shopping, dining, and top schools ? Strong upside potential – Ideal for investors or boutique developers

Property Details

Property Type : ResidentialIncome

Price : $4,200,000

AD Id : 62688799

MLS Id : A11745188

Year Built : 1952

County : Miami-Dade

Subdivision: Bay Harbor Island

Map

What's Nearby

Nearby Areas

Features

Interior Features

Roof: Other
Heating & Cooling

Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Other

Building Information

Year Built: 1952

Construction Materials: Other

Private Pool: No

Association Fee Frequency: Monthly

Lot Information

Lot Dimensions: 9750

Property Information

Subdivision: BAY HARBOR ISLAND Source Property Type: ResidentialIncome Postal Code Plus 4: 1538 Property SubType: Quadruplex Property Age: 74

Listing Price Information

Listing Price: $4200000

Original Price: $5200000

Cash

Tax Information

Parcel Number: 1322270011840 Tax Year: 2024 Annual Tax: $40554 Tax Legal Desc: BAY HARBOR ISLAND PB 46-5 LOT 21 BLK 8 LOT SIZE 75.000 X 130 OR 19274-3411 08 2000 4

Parking Information

Parking Total: 8

Homeowners Association Information

Has Association: Yes

School Information

Elementary School: Ruth K. Broad Bay Harbor K-8 Junior High School: Senior High School: Miami Beach
Utility Information

CableAvailable, SewerAvailable
Location Information

WaterSource: Other

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ByOwner last updated this listing 06/12/2026 @ 09:39

MLS: A11745188 LISTED BY: Alan Eskenazi Bone, Miles Goldstein Real Estate 305-336-6959 SOURCE: Beaches MLS