$5,200,000

9950 E Bay Harbor Dr Bay Harbor Islands, FL 33154

Estimated payment $32,154/month

Total Views 2,255
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Beach Access
  • No HOA
  • 4-minute walk to Officer Scott Winters Park
  • Ruth K. Broad Bay Harbor K-8 Center Rated A

About This Home

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

Listing Agent

Alan Eskenazi Bone

Miles Goldstein Real Estate License #3344686 Listed on: 01/28/2025

Co-Listing Agent

Eli Eskenazi Bone

Miles Goldstein Real Estate License #3435090

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $40,554

Lot Details

  • 9,750 Sq Ft Lot
  • Lot Dimensions are 75x130

Home Design

Additional Features

  • Beach Access
  • City Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 13-22-27-001-1840

Community Details

Overview

  • No Home Owners Association
  • Bay Harbor Island Condos
  • Bay Harbor Island Subdivision

Building Details

  • Net Operating Income $113,316

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$40,554

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Income/MultiFamily
  • Co List Office Mls Id: MGRE01
  • Co List Office Phone: 305-336-6959
  • Horses: No
  • Lot Size Acres: 0.22
  • Lot Size: 75x130
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Subdivision Name: BAY HARBOR ISLAND
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Other Plan Use, Suburban

Exterior Features

  • Lot Features: Beach Area, City Location, Near School, 1-2.5 Acres
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAY HARBOR ISLAND

Utilities

  • Sewer: Other
  • Water Source: Other
  • Utilities: Cable Connected, Other Utilities Available, Cable Available, Natural Gas Available, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 13-22-27-001-1840
  • Current Use: Other Usage, Income (Other)
  • Lot Size Sq Ft: 9750
  • Zoning: 4500
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Net Operating Income: 113316
  • Gross Scheduled Income: 184953

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 40554

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 For Sale $5,200,000 0.0% --
01/28/2025 01/28/25 For Sale $5,200,000 -- --
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11731172

MIAMI REALTORS® MLS

Florida Miami/Dade County Bay Harbor Islands 33154

9950 E Bay Harbor Dr, Bay Harbor Islands, FL

This home is located at 9950 E Bay Harbor Dr, Bay Harbor Islands, FL 33154 and is currently priced at $5,200,000. 9950 E Bay Harbor Dr is a home located in Miami-Dade County with nearby schools including Ruth K. Broad Bay Harbor K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Alan Eskenazi Bone
Section Image
Miles Goldstein Real Estate
(786) 493-7772