9950 E Bay Harbor Dr, Bay Harbor Islands FL 33154

About This Property

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

Property Type

Income/MultiFamily

Status

Active

MLS #

A11731172

Lot Size

9,750 SF

Zoning

4500

Net Operating Income

$113,316

Days on Market

546

Price

$5,200,000