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

$5,200,000Price
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Size: 9,750 ft2 / 906 m2
Price: $533 ft2 / $5,741 m2
MLS Number: A11731172
On Site: 24 Days
Updated: 24 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
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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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$100/ft²
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Unit 9950 E Bay Harbor Dr – Asking

$N/A/ft²

Closed Medium $/ft²

$1,711/ft²
Community $/Price Range (Closed) $246/ft² – $2537/ft²
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