9950 E Bay Harbor Drive, Bay Harbor Islands, FL 33154,Bay Harbor Islands,Miami-Dade,Land

$5,200,000

Description

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

Address

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Address: Bay Harbor
City: Bay Harbor Islands
State/county: Miami-Dade
Zip/Postal Code: 33154
Area: Bay Harbor Islands

Details

Updated on July 28, 2026 at 5:50 pm

Property ID A11731172
Price $5,200,000
Land Area 0.22 Sq Ft
Type Unimproved Land
Property Status Land

Additional details

CoListAgentAOR Miami Association of REALTORS
CoListAgentDirectPhone 786-449-2228
CoListAgentEmail elieskenazi@gmail.com
CoListAgentFirstName Eli
CoListAgentFullName Eli Eskenazi Bone
CoListAgentKey 26737707
CoListAgentKeyNumeric 26737707
CoListAgentLastName Eskenazi Bone
CoListAgentMlsId SEF3435090
CoListAgentNationalAssociationId 279628687
CoListAgentOfficePhone 305-336-6959
CoListAgentPreferredPhone 786-449-2228
CoListAgentStateLicense 3435090
CoListOfficeAOR Miami Association of REALTORS
CoListOfficeEmail mr.alexandergoldstein@gmail.com
CoListOfficeKey 5903834
CoListOfficeKeyNumeric 5903834
CoListOfficeMlsId SEFMGRE01
CoListOfficeName Miles Goldstein Real Estate
CoListOfficePhone 305-336-6959
CommunityFeatures Near Schools
ContractStatusChangeDate 2025-01-29
CumulativeDaysOnMarket 546
CurrentPrice 5200000
CurrentUse Other
DaysOnMarket 546
DaysOnMarketReplication 546
DaysOnMarketReplicationDate 2026-07-28
DaysOnMarketReplicationIncreasingYN 1
DocumentsCount 0
ElementarySchool Ruth K. Broad Bay Harbor K-8
GrossScheduledIncome 184953
HighSchool Miami Beach
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR Miami REALTORS
ListAgentAOR Miami Association of REALTORS
ListAgentDirectPhone 786-493-7772
ListAgentEmail alaneskenazi@gmail.com
ListAgentFirstName Alan
ListAgentFullName Alan Eskenazi Bone
ListAgentKey 26784294
ListAgentKeyNumeric 26784294
ListAgentLastName Eskenazi Bone
ListAgentMlsId SEF3344686
ListAgentNationalAssociationId 279604144
ListAgentOfficePhone 305-336-6959
ListAgentPreferredPhone 786-493-7772
ListAgentStateLicense 3344686
ListOfficeAOR Miami Association of REALTORS
ListOfficeEmail mr.alexandergoldstein@gmail.com
ListOfficeKey 5903834
ListOfficeKeyNumeric 5903834
ListOfficeMlsId SEFMGRE01
ListOfficeName Miles Goldstein Real Estate
ListOfficePhone 305-336-6959
ListingAgreement Exclusive Right To Sell
ListingContractDate 2025-01-28
ListingKey 1129807849
ListingKeyNumeric 1129807849
LotFeatures 1-2 Acres, 2-3 Acres, City Lot
LotSizeDimensions 9750
LotSizeSquareFeet 9750
MLSAreaMajor 2220
MajorChangeTimestamp January 28, 2025 at 07:12pm
MajorChangeType New Listing
MapCoordinateSource Imported
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp July 28, 2026 at 03:11pm
NetOperatingIncome 113316
OnMarketDate 2025-01-29
OnMarketTimestamp 2025-01-29T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-07-28T11:07:40.327-00:00
OriginalEntryTimestamp January 29, 2025 at 09:21am
OriginalListPrice 5200000
OriginatingSystemCoListAgentMemberKey 1198012
OriginatingSystemCoListOfficeKey 1262576
OriginatingSystemID M00000151
OriginatingSystemKey 342864365
OriginatingSystemListAgentMemberKey 1190424
OriginatingSystemListOfficeKey 1262576
OriginatingSystemModificationTimestamp 2026-07-28T11:07:40.327-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_MIAMI
ParcelNumber 1322270011840
Permission IDX
PhotosChangeTimestamp July 28, 2026 at 03:11pm
PhotosCount 87
Possession Negotiable
PostalCity Bay Harbor Islands
PostalCode 33154
PostalCodePlus4 1538
PropertySubTypeAdditional Unimproved Land
PublicSurveyTownship 13
RoadResponsibility Public Maintained Road
SourceSystemID TRESTLE
SourceSystemKey 1129807849
SourceSystemName flexmls
StateOrProvince FL
StatusChangeTimestamp January 28, 2025 at 07:12pm
StreetDirPrefix E
StreetName Bay Harbor
StreetNumber 9950
StreetNumberNumeric 9950
StreetSuffix Drive
SubdivisionName BAY HARBOR ISLAND
TaxAnnualAmount 40554
TaxLegalDescription BAY HARBOR ISLAND PB 46-5 LOT 21 BLK 8 LOT SIZE 75.000 X 130 OR 19274-3411 08 2000 4
TaxYear 2023
UniversalPropertyId US-12025-N-1322270011840-R-N
Utilities Cable Available, Natural Gas Available, Other, Sewer Available
VideosChangeTimestamp 2026-07-28T15:11:12.743-00:00
VideosCount 0
View Beach
WaterSource Other
Zoning 4500