Income-Producing Multifamily in Bay
For Sale
$5,200,000
9950 E Bay Harbor Dr, Bay Harbor Islands, FL 33154
LAND - Bay Harbor Islands, FL
Property SizeContact for details
Lot Size0.22 Acres
Days on Market44
Property Features for 9950 E Bay Harbor Dr
General Information
Property type
Land
Property subtype
Other
Zoning description
4500
Subdivision
BAY HARBOR ISLAND
Standard status
Active
APN
13-22-27-001-1840
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
BAY HARBOR ISLAND PB 46-5 LOT 21 BLK 8 LOT SIZE 75.000 X 130 OR 19274-3411 08 2000 4
Tax Annual Amount
40554
Legal Description
BAY HARBOR ISLAND PB 46-5 LOT 21 BLK 8 LOT SIZE 75.000 X 130 OR 19274-3411 08 2000 4
Utilities
Utilities
Cable Available
Listing Agency:
Miles Goldstein Real Estate
(305) 336-6959
Listed By:
Alan Eskenazi Bone · License #3344686
(786) 493-7772
Added: Jun 30
Changed: Jul 28
Last Checked: Aug 12 at 1:06AM
MLS# A11731172
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This income-producing, four-unit multifamily property is suitable for short-term rentals and offers redevelopment potential in Bay Harbor Islands. The property is directly across from the LA MARE project. Zoned to allow for up to eight luxury condominium residences, this property generates rental income. It is located minutes from Bal Harbour Shops, beaches, and schools. This property is suitable for investors or developers looking to maximize value in a high-demand area.
Key Highlights
- Income‑producing 4‑unit short‑term rental (STR) multifamily property.
- Zoned for redevelopment into an 8‑unit luxury condominium.
- Prime location in Bay Harbor Islands, across from LA MARE project.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,958
Businesses Nearby
Explore this area
Business Placement
Demographics for 33154, FL
14,792
Population
10,104
Households
1.5
Avg Household Size
46
Median Age
59%
College-Educated
98%
High-School Grad
1.9 sq mi
ZIP Area
7,785
Density / Sq Mi
$87,806
Median Household Income
$53,711
Median Earnings
$2,245
Median Rent
$741,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit short-term rental with redevelopment potential in prime location.
Where is this quadplex located?
The property is located at 9950 E Bay Harbor Dr Bay Harbor Islands, FL.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Income‑producing 4‑unit short‑term rental (STR) multifamily property.; Zoned for redevelopment into an 8‑unit luxury condominium.; Prime location in Bay Harbor Islands, across from LA MARE project.**
