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

$4,200,000

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

Details

Updated on July 28, 2026 at 5:50 pm

Property ID A11745188
Price $4,200,000
Year Built 1952
Type Quadruplex
Property Status Residential Income

Additional details

AssociationFee 0
AssociationFeeFrequency Monthly
CLIP 5494837875
CommonInterest Other
ConstructionMaterials Other
ContractStatusChangeDate 2025-02-16
Cooling Other
CumulativeDaysOnMarket 530
CurrentPrice 4200000
DaysOnMarket 530
DaysOnMarketReplication 530
DaysOnMarketReplicationDate 2026-07-28
DaysOnMarketReplicationIncreasingYN 1
DocumentsCount 0
ElementarySchool Ruth K. Broad Bay Harbor K-8
Flooring Other
Heating Central
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 2025-02-13
ListingKey 1129807726
ListingKeyNumeric 1129807726
ListingTerms Cash
LotSizeDimensions 9750
MLSAreaMajor 2220
MajorChangeTimestamp November 20, 2025 at 11:24pm
MajorChangeType Price Change
MapCoordinateSource Imported
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp July 28, 2026 at 03:11pm
NetOperatingIncome 113316
NumberOfUnitsTotal 0
OnMarketDate 2025-02-14
OnMarketTimestamp 2025-02-14T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-07-28T11:07:40.327-00:00
OriginalEntryTimestamp February 16, 2025 at 10:51am
OriginalListPrice 5200000
OriginatingSystemID M00000151
OriginatingSystemKey 342864484
OriginatingSystemListAgentMemberKey 1190424
OriginatingSystemListOfficeKey 1262576
OriginatingSystemModificationTimestamp 2026-07-28T11:07:40.327-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_MIAMI
ParcelNumber 1322270011840
ParkingTotal 8
Permission IDX
PhotosChangeTimestamp July 28, 2026 at 03:11pm
PhotosCount 68
Possession Negotiable
PostalCity Bay Harbor Islands
PostalCode 33154
PostalCodePlus4 1538
PreviousListPrice 5200000
PriceChangeTimestamp November 20, 2025 at 11:24pm
PropertyCondition Resale
PropertySubTypeAdditional Quadruplex
PublicSurveyTownship 13
Roof Other
SourceSystemID TRESTLE
SourceSystemKey 1129807726
SourceSystemName flexmls
StateOrProvince FL
StatusChangeTimestamp February 13, 2025 at 07:13pm
StoriesTotal 2
StreetDirPrefix E
StreetName Bay Harbor
StreetNumber 9950
StreetNumberNumeric 9950
StreetSuffix Drive
StructureType Multi Family
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 2024
UniversalPropertyId US-12025-N-1322270011840-R-N
Utilities Cable Available, Sewer Available
VideosChangeTimestamp 2026-07-28T15:11:12.743-00:00
VideosCount 0
WaterSource Other
Zoning 4500