9950 E Bay Harbor Dr, Bay Harbor Islands FL 33154

$4,200,000

$1,000,000
Price Decreased

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Overview

Year Built

1952

Property Type

Quadruplex

Property 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

Property Details

MLS#

A11745188

Total Floor in Bldg

2

Address

9950 Bay Harbor Dr E

City

Bay Harbor Islands

State/county

FL

Zip/Postal Code

33154

Area

Bay Harbor Island

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Monthly

Tax Amount

$40,554

Maint Fee

$--

Tax Year

2024

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Boris Gelfand