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
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
Property Details
Price:
$5,200,000
MLS #:
A11731172
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Income/MultiFamily
Subdivision:
BAY HARBOR ISLAND
Neighborhood:
bayharborisland
Listed Date:
Jan 28, 2025
Lot Size:
9,750 sqft / 0.22 acres (approx)
See this Listing
Schools
Interior
Exterior
Financial
Tax Year
2023
Taxes
$40,554
Map
Community
- Address9950 E Bay Harbor Dr Bay Harbor Islands FL
- SubdivisionBAY HARBOR ISLAND
- CityBay Harbor Islands
- CountyMiami-Dade County
- Zip Code33154
Market Summary
Current real estate data for Single Family in Bay Harbor Islands as of Mar 06, 2026
21
Single Family Listed
180
Avg DOM
1,580
Avg $ / SqFt
$6,772,238
Avg List Price
Property Summary
- Located in the BAY HARBOR ISLAND subdivision, 9950 E Bay Harbor Dr Bay Harbor Islands FL is a Single Family for sale in Bay Harbor Islands, FL, 33154. It is listed for $5,200,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Bay Harbor Islands is $1,580. The average listing price for Single Family in Bay Harbor Islands is $6,772,238.
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