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

Own in Bay Harbor Islands Residential?

Overview Features True Comps Price History Payment Location Similar Homes

Own in Bay Harbor Islands Residential?

$5,350,000

Estimate Payment $30,432 Closing Costs

Beds

0.22

Acre

$24,318,182

$/Acre

0.22 AcresLot Size

$24,318,182/AcrePrice per acre

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

Listing Courtesy Of: Miles Goldstein Real Estate

Local Realty Services Provided By: Best of Luxury Realty

On Site: 640 DaysUpdated: 12 Days agoPage Views: 0

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: 629
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