9950 E Bay Harbor Dr Bay Harbor Islands FL 33154 MLS #A11745188

9950 E Bay Harbor Dr
Bay Harbor Islands, FL, 33154
$5,200,000
Beds
0 Baths
0 SqFt
0 Acres
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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

Property Details

Price:
$5,200,000
MLS #:
A11745188
Status:
Active
Beds:
0
Baths:
0
Address:
9950 E Bay Harbor Dr
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
BAY HARBOR ISLAND
Neighborhood:
Bay Harbor Island
City:
Bay Harbor Islands
Listed Date:
Feb 13, 2025
State:
FL
ZIP:
33154
Year Built:
1952
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CENTURY 21 Carioti

CENTURY 21 Carioti

Florida, Real Estate

Phone 800 783-8847

CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

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Schools

Interior

Cooling
Other
Flooring
Other
Heating
Central

Exterior

Architectural Style
Other
Construction Materials
Other
Parking Spots
8
Roof
Other

Financial

HOA Frequency
Monthly
Net Operating Income
$113,316
Tax Year
2024
Taxes
$40,554

Map

Community

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disclosure
Courtesy of Miles Goldstein Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Miami, FL. All rights reserved.
Rover IDX
9950 E Bay Harbor Dr
Bay Harbor Islands, FL