Price Reduced 19.23%

$4,200,000

Est. Mortgage $20,145/mo *

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Price History

$5,200,000
2/13/2025

$4,600,000
9/18/2025

$4,200,000
11/21/2025

9950 E Bay Harbor Dr, Bay Harbor Islands, FL, 33154

9950 E Bay Harbor Dr, Bay Harbor Islands, FL, 33154
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1952

Fourplex

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

Status:

Active

Type:

Multi-family

Zoning:

4500

Subdivision:

BAY HARBOR ISLAND

Heating:

Central

Cooling:

Other

Parking:

8-car

Est. Taxes:

$40,554

Construction

Other

Utilities

Cable Available

Lot Description:

< 1/4 Acre

Days on Market:

280

Pool:

None

MLS #:

A11745188

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of Miles Goldstein Real Estate 305-336-6959