Bay Harbor Islands Residential, 9950 E Bay Harbor Dr Land in Bay Harbor Islands, FL 33154
$5,200,000
0.22
AcreStatus
Active
Size
0.22 Acres (906 m2)
Price
$23,636,364/Acre ($5,741/m2)
Type
Land
MLS Number
A11731172
On Site
493 Days
Updated
130 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.
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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: 363
- 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
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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