$5,200,000
9950 E Bay Harbor Dr, Bay Harbor Islands FL 33154
Income/MultiFamily
9,750 Square Feet lot
363 days on market
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
Exterior
- Lot Features: Beach Area | City Location | Near School | 1-2.5 Acres
- Waterfront: No
Location
- City: Bay Harbor Islands
- County: Miami-Dade County
- State: FL
- Road Frontage (Length/Type): 75 City/County Maintained
- Zoning: 4500
Construction
- New Construction: No
- Utilities: Cable Connected | Other Utilities Available | Cable Available | Natural Gas Available | Other
- Sewer: Other
- Water Source: Other
Public Info
- Lot Size: 9,750 Square Feet
- APN: 13-22-27-001-1840
Tax Information
- Annual Tax Amount: $40,554
- Tax Year: 2023
Price History
| 3/23/2026 |
Listed for Sale
Source: Miami REALTORS® |
$4,200,000 |
| 1/26/2026 |
Listed for Sale
Source: Miami REALTORS® |
$5,200,000 |
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor