9950 East Bay Harbor Drive Bay Harbor Islands, FL 33154

$5,200,000
0.22
Acres
$5,200,000
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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

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

  • Neighborhood
  • Type
  • County
    Miami-Dade County
  • Area
    Bay Harbor Island
  • Tax Amount
    $40,554
  • Status
    Active
  • Listing #
    A11731172
  • Lot Size
    0.22
  • Listed on site
    491 days
  • Co-Listing Agent
    3435090
  • Listing Agent Id
    3344686
  • Co Listing Agent Id
    3435090
  • Listing Agent Phone
    786-493-7772

Listed by:
Miles Goldstein Real Estate

Source:
MIAMI MLS

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Community Features

  • No HOA
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