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

Bay Harbor Islands
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9950 E Bay Harbor Drive,Bay Harbor Islands, FL 33154
$4,200,000
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  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: alan eskenazi bone
Office: miles goldstein real estate
MLS#:A11745188
Source:RMLS

Price summary

  • Price:$4,200,000

About this home

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

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Home facts

  • Year built:1952
  • Listing ID #:A11745188
  • Added:23 day(s) ago
  • Updated:June 15, 2026 at 02:45 PM

Heating and cooling

  • Heating:Central

Structure and exterior

  • Roof:Other
  • Year built:1952

Schools

  • High school:Miami Beach
  • Elementary school:Ruth K. Broad Bay Harbor K-8

Utilities

  • Sewer:Sewer Available

Finances and disclosures

  • Price:$4,200,000
  • Tax amount:$40,554 (2024)

Parking

  • Total parking spaces:8
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