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

$5,200,000

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List Price
$5,200,000
Days on Market
568
MLS#
A11731172
Lot Size
9,750
Acres
0.22
MLS Area Major
2220

Property Description

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

Additional Information

Taxes
$40,554
Utilities
Cable Available, Natural Gas Available, Other, Sewer Available
Elementary School
Ruth K. Broad Bay Harbor K-8
High School
Miami Beach

Listing courtesy of Miles Goldstein Real Estate.

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