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$4,200,000483 days on marketActive

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

Bay Harbor Islands, FL 33154
0
Sq Ft
1952
Year Built

Listing Snapshot

List Price$4,200,000
Beds0
Baths0
Living Area0 sqft
Year Built1952
Property Tax$40,554/yr
HOA / Condo Fee$0 / monthly
MLS #1129807726
StatusActive
Days on Market483

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

General Features

Property Type
ResidentialIncome
Sub-type
Quadruplex
Stories
2
Parking Spaces
8
Zoning
4500
Utilities
CableAvailable,SewerAvailable
Subdivision
BAY HARBOR ISLAND

Interior Features

Flooring
Other
Heating
Central
Cooling
Other

Exterior Features

Construction
Other
Roof
Other
Pool
No
Waterfront
No

Community Features

Association Dues
$0 / monthly
MLS Area
2220

Schools

ElementaryRuth K. Broad Bay Harbor K-8
HighMiami Beach

Map

Virtual Tour

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Listed by Alan Eskenazi Bone · Miles Goldstein Real Estate
MLS# 1129807726 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $3,360,000

%
Est. Monthly$26,301
Principal & Interest$22,921
Property Tax$3,380

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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