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Multifamily in Bay Harbor Islands, FL 33154Bay Harbor Islands Residential, 9950 E Bay Harbor Dr
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$4,200,000
$1MBeds
NaN
SqFtUltra Luxury Multifamily
Built in 1952
Fourplex
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: A11745188
On Site: 580 Days
Updated: 53 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: Other
Building and Construction
- Floor Description: Other
- Year Built: 1952
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-02-16T09:51:33.000-00:00
Taxes, Fees & More
- Taxes: 40554
Apples-to-Apples Comparables
Price History
Current
$4.2M
High
$5.2M
Low
$4.2M
Total Change
-19.2%Date
Event
Price
Change
Price Per
11/20/2025
Price Reduced
$4.2M
0%N/A ft2
N/A m2
11/20/2025
Price Reduced
$4.2M
-8.7%N/A ft2
N/A m2
09/17/2025
Price Reduced
$4.6M
-11.54%N/A ft2
N/A m2
02/13/2025
Listed
$5.2M
N/A ft2
N/A m2
11/20/2025
$4.2M
Event
Price Reduced
Change
0%Price Per
N/A ft2
N/A m2
11/20/2025
$4.2M
Event
Price Reduced
Change
-8.7%Price Per
N/A ft2
N/A m2
09/17/2025
$4.6M
Event
Price Reduced
Change
-11.54%Price Per
N/A ft2
N/A m2
02/13/2025
$5.2M
Event
Listed
Price Per
N/A ft2
N/A 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
Bay Harbor Islands Ultra Luxury Ultra Luxury Homes & Condos
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