9950 E Bay Harbor Dr, Bay Harbor Islands FL 33154 | Miami-Dade County | A11745188
- $4,600,000
9950 E Bay Harbor Dr, Bay Harbor Islands FL 33154 | Miami-Dade County | A11745188
- $4,600,000
Description
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
Address
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Address: Bay Harbor Dr
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City: Bay Harbor Islands
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State/county: Miami-Dade County
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Zip/Postal Code: 33154
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Area: BAY HARBOR ISLAND
Details
Updated on September 19, 2025 at 4:37 am-
Property ID A11745188
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Price $4,600,000
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Year Built 1952
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Type Quadruplex
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Property Status Residential Income
Additional details
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ArchitecturalStyle Other
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AssociationFee 0
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AssociationFeeFrequency Monthly
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BuildingAreaUnits Square Feet
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BuildingName BAY HARBOR ISLAND
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CoListAgentDirectPhone 786-449-2228
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CoListAgentEmail elieskenazi@gmail.com
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CoListAgentFullName Eli Eskenazi Bone
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CoListAgentOfficePhone 305-336-6959
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CoListAgentStateLicense 3435090
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CoListOfficeName Miles Goldstein Real Estate
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CoListOfficePhone 305-336-6959
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ConstructionMaterials Other
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ContractStatusChangeDate 2025-02-13
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Cooling Other
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DaysOnMarket 216
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DocumentsAvailable None
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Flooring Other
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Heating Central
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 786-493-7772
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ListAgentEmail alaneskenazi_24@hotmail.com
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ListAgentFullName Alan Eskenazi Bone
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ListAgentKey 3a1bb4fc0ad7a1f896d9d311fa0ada76
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ListAgentMlsId 3344686
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ListAgentOfficePhone 305-336-6959
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ListAgentStateLicense 3344686
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ListOfficeKey b361f9a04131b30b53396309bed11851
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ListOfficeMlsId MGRE01
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ListOfficeName Miles Goldstein Real Estate
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ListOfficePhone 305-336-6959
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2025-02-13
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ListingKey dea09c26d12fe48cf95bdf8bb0a54a83
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ListingTerms All Cash
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LotFeatures Less Than 1/4 Acre Lot
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LotSizeSquareFeet 0
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MLSAreaMajor Bay Harbor Island
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MajorChangeTimestamp September 18, 2025 at 12:32am
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MajorChangeType Price Decrease
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MlsStatus Active
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ModificationTimestamp September 18, 2025 at 12:32am
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NetOperatingIncome 113316
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NumberOfUnitsInCommunity 0
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OnMarketDate 2025-02-13
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OriginalEntryTimestamp February 16, 2025 at 02:51pm
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OriginalListPrice 5200000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 13-22-27-001-1840
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ParkingTotal 8
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PhotosChangeTimestamp February 16, 2025 at 02:53pm
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PhotosCount 34
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Possession Funding
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PostalCodePlus4 1538
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PreviousListPrice 5200000
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PriceChangeTimestamp September 18, 2025 at 12:32am
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PublicSurveyRange 22
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PublicSurveySection 27
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PublicSurveyTownship 22
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RentIncludes Cable TV
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Roof Other
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Sewer Other
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ShowingContactType Agent
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ShowingInstructions Call Listing Agent
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SourceSystemKey 407184284
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StateOrProvince FL
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StatusChangeTimestamp February 16, 2025 at 02:51pm
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Stories 2
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StoriesTotal 2
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StreetDirPrefix E
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StreetName Bay Harbor Dr
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StreetNumber 9950
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StreetNumberNumeric 9950
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StructureType Quadruplex, Fourplex
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SyndicationRemarks 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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TaxAnnualAmount 40554
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TaxLegalDescription 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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TaxYear 2024
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WaterSource Other
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YearBuiltDetails Resale
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Zoning 4500
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