Bay Harbor Islands Residential, 9950 E Bay Harbor Dr Bay Harbor Islands, FL 33154

$5,200,000Price

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Status:

Active

Size: 9,750 ft² / 906 m²

Price: $533 ft² / $5,741 m²

Type: Land

MLS Number: A11731172

On Site: 86 Days

Updated: 86 Days ago

Page Views: 0

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

Features

All features

Current Use: Other

Property SqFt: 9750

Remarks: 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

Internet Remarks: 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

Waterfront: No info

Days on Market: 1

Compass Point: E

Office Name: Miles Goldstein Real Estate

Area: 9750

Taxes: 40554

Tax Year: 2023

Listing Date: 2025-01-29T08:21:36.000-00:00

Lot Size Square Feet: 9750

Price History

01/23/2025

Date

Listed

Event

$5.2M

Price

$533 ft² / $5,741 m²

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Alan Eskenazi Bone • Miles Goldstein Real Estate • Buyer Agency Compensation .

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Bay Harbor Islands
Ultra Luxury Homes & Condos

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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