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4-Unit Short-Term Rental Quadplex
For Sale
$4,200,000

9950 E Bay Harbor Dr, Bay Harbor Islands, FL 33154

Residential Income, Bay Harbor Islands, FL

Property SizeContact for details
Days on Market44

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
Listed By: Alan Eskenazi Bone · License #3344686
Added: Jul 18 Changed: Aug 26 Last Checked: Aug 30 at 5:06AM
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 4-unit quadplex at 9950 E Bay Harbor Dr is configured for short-term rental use and is described as fully operational. Built in 1952, the property has central heating and cable availability. The existing four-unit setup provides the current physical configuration, while the zoning permits development of up to 8 luxury condominium residences.

The property is directly across from the LA MARE project in Bay Harbor Islands. Bal Harbour Shops, beaches, and schools are located minutes away, placing shopping, recreation, and education within the surrounding area. The combination of an operating short-term rental configuration and zoning for expanded residential development gives the property two distinct use profiles.

Key Highlights

  • 4‑unit short‑term rental quadplex
  • Zoning permits up to 8 luxury condominium residences
  • Fully operational income‑producing property

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Grocery & Convenience Store Locksmith Plumbing Service Daycare Center Tech Support Center Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,958
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Operational multifamily property with central heating and cable availability.
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 quadplex; Zoning permits up to 8 luxury condominium residences; Fully operational income‑producing property
More about this property
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