Home/Search/9950 E Bay Harbor Dr, Bay Harbor Islands FL 33154
9950 E Bay Harbor Dr, Bay Harbor Islands FL 331541 / 29
For Sale
Income/MultiFamily

$5,350,000

9950 E Bay Harbor Dr, Bay Harbor Islands FL 33154

0.22 ac

Acres

4500

Zoning

Income/MultiFamily

Sub Type

About This Property

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

MLS #:A11731172
Price:$5,350,000
Original Price:$5,200,000
Status:For Sale
Days on Market:614
Date Listed:Jan 28, 2025
Lot Size:9750 sqft
Lot Acres:0.22 acres
Property Type:Commercial Land
Property Sub Type:Income/MultiFamily

Virtual Tour:Available

Lot Features:Beach Area, City Location, Near School, 1-2.5 Acres
Lot Size:9750 sqft
Sewer:Other
Water Source:Other
Utilities:Cable Connected, Other Utilities Available, Cable Available, Natural Gas Available, Other

Area/Region:Bay Harbor Island
Zoning:4500

Annual Tax Amount:$40,554
Tax Year:2023
Possession:Funding
Parcel Number:13-22-27-001-1840
Legal Description:BAY HARBOR ISLAND PB 46-5 LOT 21 BLK 8 LOT SIZE 75.000 X 130 OR 19274-3411 08 2000 4
REsource

REsource

Real Estate Source Company

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Location

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Listing courtesy of Miles Goldstein Real Estate. Data last updated October 4, 2026 at 04:58 PM.