Four-Unit Short-Term Rental
For Sale
$4,200,000
9950 E Bay Harbor Dr, Bay Harbor Islands, FL 33154
MULTI_FAMILY - Other - Bay Harbor Islands, FL
Property SizeContact for details
Days on Market26
Property Features for 9950 E Bay Harbor Dr
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
4500
Parking
8
Subdivision
BAY HARBOR ISLAND
Lot features
< 1/4 Acre
Standard status
Active
APN
13-22-27-001-1840
Taxes and HOA fees
Tax Year
2024
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
Heating system
Central
Building Details
Year built
1952
Floors in Building
2
Architectural style
Other
Listing Agency:
Miles Goldstein Real Estate
(305) 336-6959
Listed By:
Alan Eskenazi Bone · License #3344686
(786) 493-7772
Added: Jul 18
Changed: Jul 28
Last Checked: Aug 12 at 7:06AM
MLS# A11745188
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 operated as short-term rentals and is described as fully operational and generating rental income. The property is also presented with redevelopment optionality, as the listing states zoning allows for up to eight luxury condominium residences.
The address is 9950 E Bay Harbor Dr in Bay Harbor Islands, Florida. The public remarks note the site is directly across from the LA MARE project and is located near Bal Harbour Shops, beaches, and top-rated schools.
For buyers evaluating redevelopment, this offering combines an operating four-unit short-term rental setup with an identified zoning capacity for a higher-density condominium conversion or redevelopment plan, subject to required approvals.
The address is 9950 E Bay Harbor Dr in Bay Harbor Islands, Florida. The public remarks note the site is directly across from the LA MARE project and is located near Bal Harbour Shops, beaches, and top-rated schools.
For buyers evaluating redevelopment, this offering combines an operating four-unit short-term rental setup with an identified zoning capacity for a higher-density condominium conversion or redevelopment plan, subject to required approvals.
Key Highlights
- 4‑unit short‑term rental multifamily, fully operational and income‑generating
- Zoned for up to 8 luxury condominium residences
- Central heating; year built 1952
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Turnkey business
Opportunity
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 short-term rental units are fully operational, with zoning that allows development up to eight condominium residences.
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 $4,200,000.
What are key features of this property?
This property features: 4‑unit short‑term rental multifamily, fully operational and income‑generating; Zoned for up to 8 luxury condominium residences; Central heating; year built 1952
