Type
Quadruplex

Square Feet
Area Size

9950 E Bay Harbor Dr, Bay Harbor Islands FL 33154 | Miami-Dade County | A11745188

$4,200,000

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
City: Bay Harbor Islands
State/county: Miami-Dade County
Zip/Postal Code: 33154
Area: BAY HARBOR ISLAND

Details

Updated on March 24, 2026 at 3:12 am

Property ID A11745188
Price $4,200,000
Year Built 1952
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Other
AssociationFee 0
AssociationFeeFrequency Monthly
BuildingAreaUnits Square Feet
BuildingName BAY HARBOR ISLAND
ConstructionMaterials Other
ContractStatusChangeDate 2025-02-13
Cooling Other
DaysOnMarket 403
DocumentsAvailable None
ExpirationDate 2026-12-30
Flooring Other
Heating Central
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-493-7772
ListingTerms All Cash
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Bay Harbor Island
MajorChangeTimestamp November 21, 2025 at 03:24am
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp March 23, 2026 at 01:40pm
NetOperatingIncome 113316
NumberOfUnitsInCommunity 0
OnMarketDate 2025-02-13
OriginalEntryTimestamp February 16, 2025 at 02:51pm
OriginalListPrice 5200000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 13-22-27-001-1840
ParkingTotal 8
PhotosChangeTimestamp February 16, 2025 at 02:53pm
PhotosCount 34
Possession Funding
PostalCodePlus4 1538
PreviousListPrice 4600000
PriceChangeTimestamp November 21, 2025 at 03:24am
PublicSurveyRange 22
PublicSurveySection 27
PublicSurveyTownship 22
RentIncludes Cable TV
Roof Other
Sewer Other
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 407184284
StateOrProvince FL
StatusChangeTimestamp February 16, 2025 at 02:51pm
Stories 2
StoriesTotal 2
StreetDirPrefix E
StreetName Bay Harbor Dr
StreetNumber 9950
StreetNumberNumeric 9950
StructureType Quadruplex, Fourplex
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
TaxAnnualAmount 40554
TaxLegalDescription BAY HARBOR ISLAND PB 46-5 LOT 21 BLK 8 LOT SIZE 75.000 X 130 OR 19274-3411 08 2000 4
TaxYear 2024
WaterSource Other
YearBuiltDetails Resale
Zoning 4500