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
Address:
9950 E Bay Harbor Dr
Type:
Single Family
Subtype:
Income/MultiFamily
Subdivision:
BAY HARBOR ISLAND
Neighborhood:
Bay Harbor Island
City:
Bay Harbor Islands
Listed Date:
Jan 28, 2025
State:
FL
ZIP:
33154
Lot Size:
9,750 sqft / 0.22 acres (approx)
See this Listing
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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
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