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
Current real estate data for Land in Bay Harbor Islands as of Nov 04, 2026
8
Land Listed
287
Avg DOM
$7,171,875
Avg List Price
Listing Provided Courtesy of Miles Goldstein Real Estate at 305-336-6959
Property Details
Price:
$5,350,000
MLS #:
A11731172
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subtype:
Unimproved Land
Subdivision:
BAY HARBOR ISLAND
Neighborhood:
2220
Listed Date:
Jan 29, 2025
Lot Size:
9,750 sqft / 0.22 acres (approx)
Schools
Elementary School:
Ruth K. Broad Bay Harbor K-8
High School:
Miami Beach
Interior
Exterior
View
Beach
Financial
Tax Year
2023
Taxes
$40,554
Map
Contact Us
Mortgage Calculator
Community
- Address9950 E Bay Harbor Drive Bay Harbor Islands FL
- SubdivisionBAY HARBOR ISLAND
- CityBay Harbor Islands
- CountyMiami-Dade
- Zip Code33154
Property Summary
- Located in the BAY HARBOR ISLAND subdivision, 9950 E Bay Harbor Drive Bay Harbor Islands FL is a Land for sale in Bay Harbor Islands, FL, 33154. It is listed for $5,350,000 and features 0 acres. To schedule a showing of MLS#a11731172 at 9950 E Bay Harbor Drive in Bay Harbor Islands, FL, contact your Trust House Realty agent at 9543362003.
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