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9950 E Bay Harbor Dr, Bay Harbor Islands, FL – $5,200,000

  • $5.2M Price
  • .22 Acres
  • 44 DOM
  • $5.2M Price
  • .22 Acres
  • 44 DOM

9950 E Bay Harbor Dr

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

Essential Information

  • MLS® #A11731172
  • Price$5,200,000
  • Bathrooms0.00
  • Acres0.22
  • TypeLand / Boat Docks
  • Sub-TypeMulti Family
  • StatusActive

Community Information

  • Address9950 E Bay Harbor Dr
  • Area22
  • SubdivisionBAY HARBOR ISLAND
  • CityBay Harbor Islands
  • CountyMiami-Dade
  • StateFL
  • Zip Code33154-1538

Amenities

Utilities

Cable Available, Natural Gas Available, Other

Exterior

  • Lot Description75x130

Additional Information

  • Listing Courtesy ofMiles Goldstein Real Estate
  • Date ListedJanuary 29th, 2025
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