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® #A11745188
Price$5,200,000
Bathrooms0.00
Year Built1952
TypeResidential Income
Sub-TypeQuadruplex
StyleFourplex
StatusActive

Community Information

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

Amenities

UtilitiesCable Available

Interior

InteriorOther
HeatingCentral
CoolingOther
# of Stories2
StoriesTwo

Exterior

RoofOther
ConstructionOther

Additional Information

Listing Courtesy ofMiles Goldstein Real Estate
Date ListedFebruary 16th, 2025
HOA Fees Freq.Monthly

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