$5,200,000

9950 E Bay Harbor Dr Bay Harbor Islands, FL 33154

Bay Harbor Islands Neighborhood

Estimated payment $32,403/month

Total Views 1,433
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Central Heating
  • 4-minute walk to Officer Scott Winters Park
  • Ruth K. Broad Bay Harbor K-8 Center Rated A

About This Home

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

Listing Agent

Alan Eskenazi Bone

Miles Goldstein Real Estate License #3344686

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $40,554

Year Built

  • Built in 1952

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 13-22-27-001-1840

Community Details

Overview

  • Property has a Home Owners Association
  • Bay Harbor Island Condos
  • Bay Harbor Island Subdivision

Building Details

  • Net Operating Income $113,316

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$40,554

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1952
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Co List Office Phone: 305-336-6959
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: BAY HARBOR ISLAND
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Other
  • Stories: 2

Exterior Features

  • Roof: Other
  • Construction Type: Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAY HARBOR ISLAND
  • Total Parking Spaces: 8

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 13-22-27-001-1840
  • Zoning: 4500
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Cable TV

Multi Family

  • Net Operating Income: 113316

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 40554

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 For Sale $5,200,000 0.0% --
01/28/2025 01/28/25 For Sale $5,200,000 -- --
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11745188

MIAMI REALTORS® MLS

Florida Miami/Dade County Bay Harbor Islands 33154 Bay Harbor Islands

9950 E Bay Harbor Dr, Bay Harbor Islands, FL

Homes for Sale in Bay Harbor Islands, FL

This home is located at 9950 E Bay Harbor Dr, Bay Harbor Islands, FL 33154 and is currently priced at $5,200,000. This property was built in 1952. 9950 E Bay Harbor Dr is a home located in Miami-Dade County with nearby schools including Ruth K. Broad Bay Harbor K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Agent
Alan Eskenazi Bone
Section Image
Miles Goldstein Real Estate
(786) 550-6356