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$5,200,000546 days on marketActive

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

Bay Harbor Islands, FL 33154
0
Sq Ft
0.22 acres
Lot Size

Listing Snapshot

List Price$5,200,000
Beds0
Baths0
Living Area0 sqft
Lot Size0.22 acres
Property Tax$40,554/yr
MLS #1129807849
StatusActive
Days on Market546

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
Land
Sub-type
UnimprovedLand
Zoning
4500
Utilities
CableAvailable,NaturalGasAvailable,Other,SewerAvailable
Subdivision
BAY HARBOR ISLAND

Interior Features

Exterior Features

Lot Features
OneToTwoAcres,TwoToThreeAcres,CityLot
View
Beach
Waterfront
No

Community Features

Community Features
NearSchools
MLS Area
2220

Schools

ElementaryRuth K. Broad Bay Harbor K-8
HighMiami Beach

Map

Virtual Tour

View Virtual Tour
Listed by Alan Eskenazi Bone · Miles Goldstein Real Estate
MLS# 1129807849 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $4,160,000

%
Est. Monthly$31,758
Principal & Interest$28,379
Property Tax$3,380

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

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