Income-producing 4-unit STR multifamily with prime redevelopment

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Home For Sale

9950 E Bay Harbor Dr

Bay Harbor Islands, Florida 33154

Miami-Dade County

Community: Bay Harbor Island

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$5,200,000 0 br, 0.0 bath 0 sq. ft. 0.220 acres

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

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 0
  • Year Built: 0
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.220 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $40,554
  • MLS #: A11731172
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Contact Information:
Beach Home For Sale in Bay Harbor Islands, Florida
Listing Agent: Alan Eskenazi Bone, Miles Goldstein Real Estate, LLC, 786-493-7772, 305-336-6959 Listing Site, Listing Status: Active
Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5747702
Viewed 121 times.
Updated: Jan 29, 2025

This property is a Home located at 9950 E Bay Harbor Dr, Bay Harbor Islands, Florida 33154, and is currently For Sale at $5,200,000. This Home has 0 bedrooms, 0.0 baths, 0 sq ft.