Active - Other for sale
9950 E Bay Harbor Dr, Bay Harbor Islands FL 33154
Facts & features
Why you’ll love it
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
Listings courtesy of Miles Goldstein Real Estate.
Listed by: Alan Eskenazi Bone • 786-493-7772 • Miles Goldstein Real Estate
Co-listed by: Eli Eskenazi Bone • 786-493-7772 • Miles Goldstein Real Estate
Source: Miami MLS, MLS#: A11731172
Based on info available as of Nov 13, 2026 at 7:00 PM EST.
Come see by yourself
Affordability
$30,432/mo
- Mortgage$27,053
- Property tax$3,380
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$107,000 Credit back
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Travel times
About Bay Harbor Island
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone AE
In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.
More details
Base flood elevation: 9 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements.
Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Copyright ©2026.
Based on information as of Nov 13, 2026 at 07:00pm EST.
Make a winning offer, and get up to
$107,000 Credit back