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Land in Bay Harbor Islands, FL 33154Bay Harbor Islands Residential, 9950 E Bay Harbor Dr
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$5,350,000
Beds
0.22
Acre$24,318,182
$/AcreUltra Luxury Land
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
MLS Number: A11731172
On Site: 619 Days
Updated: 5 Days ago
Page Views: 0
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: 614
- 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
Apples-to-Apples Comparables
Price History
Current
$5.4M
High
$5.4M
Low
$5.2M
Total Change
2.9%Date
Event
Price
Change
Price Per
10/04/2026
Price Increased
$5.4M
2.88%$549 ft2
$5,906 m2
06/11/2026
Price Reduced
$5.2M
0%$533 ft2
$5,741 m2
01/23/2025
Listed
$5.2M
$533 ft2
$5,741 m2
10/04/2026
$5.4M
Event
Price Increased
Change
2.88%Price Per
$549 ft2
$5,906 m2
06/11/2026
$5.2M
Event
Price Reduced
Change
0%Price Per
$533 ft2
$5,741 m2
01/23/2025
$5.2M
Event
Listed
Price Per
$533 ft2
$5,741 m2
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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Scores
41
100
63
100
79
100
0
100
27
100
0
100
Community Snapshot
1 – 7 BR
Bedrooms
$1.8M – $36.5M
Price Tier
1,079 - 10,453
SqFt Range
1959
Year Build
8
Total Floors
All Bay Harbor Islands, FL Ultra Luxury Ultra Luxury Homes & Condos
Other Bay Harbor Islands, FL Homes & Condos Price Range Segments
Entry-Level
Entry-Level5
Premium
Premium19
- 1101 Condo Condo1
- Alcazar Condo0
- Ambassador Place Condo2
- Bay Harbor Club Co-Op0
- Berkshire House Condo1
- Bougain Villa Condo1
- Chatillon Hall Condo4
- Evening Star Condo0
- Granada Condo2
- Harbour Point Condo3
- London Towers Condo5
- Morning Star Condo1
- Oceanus Condo1
- Southern Star Condo1
- Ten Thousand Plaza Condo2
- The Atrium Condo0
- The Golden Key Condo3
- The Monterey Condo0
- The Vintage Condo1
Mid-Tier
Mid-Tier28
- 1060 Condo Co-Op1
- 9300 Harbor Terrace Condo0
- Anthony Gardens Condo0
- Bay Breeze Residences Condo1
- Bay Harborview Condo0
- Berkshire House Condo1
- Blair House Condo5
- Caravelle Condo1
- Carroll Walk Condo2
- Club Of Bay Harbor Condo1
- Colony Bay Harbor Condo1
- Dorbe Gardens Condo1
- Guildford Condo0
- Habitat 1175 Townhouse0
- Island Manor Condo1
- Island Pointe Condo4
- Knollwood Condo0
- Le Jardin House Condo3
- Mansard Condo0
- Mediterranean Apartments Condo1
- Montego Club Condo2
- Northern Star Condo1
- One Bay Harbor Condo4
- Rex Gardens Condo1
- St Regis Condo0
- The Club Condo2
- The Palms Condo3
- The Villas At Bay Harbor Townhouse0
High-End
High-End13
- 9350 Of Bay Harbor Condo0
- Bay Harbor One Condo4
- Bay Harbor Townhouses Townhouse1
- Bijou Bay Harbor Condo1
- Harbour Park Condo0
- Island Place At Bay Harbor Condo2
- Kai At Bay Harbor Condo5
- O Residences Condo1
- Pearl House Condo1
- Riva Bay Harbor Condo2
- The Altair Bay Harbor Hotel Condo2
- The Ivory Residence Condo1
- Town House Gardens Condo0
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