9950 E Bay Harbor Dr Bay Harbor Islands, FL $ 4,200,000
9950 E Bay Harbor Dr
$ 4,200,000
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9950 E Bay Harbor Dr

Bay Harbor Islands, FL, 33154
$ 4,200,000
Baths0.0

Monthly Estimate*

$ 26,203

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Studio

Multi-Family Home for sale in Bay Harbor Islands, FL

for $4,200,000. This home was built in 1952.

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

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Multi-Family Active

Price

$ 4,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 40,554

Style

Year Built

1952

Town/City

Bay Harbor Islands

County/Region

Miami-Dade

MLS | Web ID

A11745188

Features
General
Sewer Other
Heating Central
Cooling Other
Utilities Cable Available
Possession Closing & Funding
Roof Other
HOA Fee 0
Architectural Style Fourplex
Pool Features None
Construction Materials Other
Year Built 1952
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Assoc Fee Paid Per Monthly
County Miami-Dade
Net Operating Income 113316
Property Type Residential Income
Subdivision Name BAY HARBOR ISLAND
Rent Includes Cable TV
Status Active
City Bay Harbor Islands
Zoning Description 4500
MLS Area 22
Lot Size Units Square Feet
Listing Terms Cash
Year Built Details Resale
Tax Annual Amount 40554
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11745188
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Quadruplex
Legal Description BAY HARBOR ISLAND PB 46-5 LOT 21 BLK 8 LOT SIZE 75.000 X 130 OR 19274-3411 08 2000 4
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Interior
Flooring Other
Heating Y/N true
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Water Source Other
Total Parking 8
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Miles Goldstein Real Estate

Broker

alaneskenazi_24@hotmail.com

Email

Affordability Calculator

$29,582
Per Month
89%
11%
0%
Monthly Principal & Interest
$26,203
Monthly Property Taxes
$3,380
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
11/21/2025 $4,200,000 -8.70% Price Down
10/22/2025 $4,600,000 Listed Price

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9950 E Bay Harbor Dr, Bay Harbor Islands, FL, 33154 is a Multi-Family Home for sale at $4,200,000. 9950 E Bay Harbor Dr is a studio with 0.0 baths and was built in 1952. The property's zip code is 33154 which is in Bay Harbor Islands, FL