9950 E Bay Harbor Drive, Bay Harbor Islands, FL 33154
- $5,200,000
- List Price
- $5,200,000
- Days on Market
- 547
- MLS#
- A11731172
- Lot Size
- 9,750
- Subtype
- Unimproved Land
- County
- Miami-Dade
- Subdivision
- Bay Harbor Island
Property 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
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Additional Information
- Lot Description
- 1-2 Acres, 2-3 Acres, City Lot
- Restrict
- CityRestrictions
- Taxes
- $40,554
- Utilities
- Cable Available, Natural Gas Available, Other, Sewer Available
- View
- Beach
- Amenities
- Near Schools
- Acres
- 0.22
- Lot Description
- 1-2 Acres, 2-3 Acres, City Lot
- Elementary School
- Ruth K. Broad Bay Harbor K-8
- High School
- Miami Beach
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Listing courtesy of Miles Goldstein Real Estate. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Alan Eskenazi Bone | Email: alaneskenazi@gmail.com