$5,200,000
 $27,915 est/mo Sourced by Back At You

9950 E Bay Harbor Drive,Bay Harbor Islands, FL 33154

Bay Harbor Islands, FL 33154

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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

Details

MLS #A11731172
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site609
Listing Provided ByMiles Goldstein Real Estate | Alan Eskenazi Bone

Features

Zoning4500
Acreage0.22
Property ViewYes

Exterior

Lot FeaturesOne To Two Acres, Two To Three Acres, City Lot

Taxes

Tax Annual Amount40554

Location

Community FeaturesNear Schools

Area Information

StateFL
CountyMiami Dade
CityBay Harbor Islands
Zip Code33154
Area2220
Community NameBAY HARBOR ISLAND
Listing VS Median (in BAY HARBOR ISLAND)
Price:
$5,200,000
low | high
Med:
$2,300,000
100% of Average
On site:
609
low | high
Med:
181.5
100% of Average
Sourced by Back At You

Market Activity 33154

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Learn More About This Property

StateFL
CountyMiami Dade
CityBay Harbor Islands
Zip Code33154
Area2220
Community NameBAY HARBOR ISLAND
Listing VS Median (in BAY HARBOR ISLAND)
Price:
$5,200,000
low | high
Med:
$2,300,000
100% of Average
On site:
609
low | high
Med:
181.5
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 7:30:45 PM PDT