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
For sale
$5,200,000
9950 E Bay Harbor Dr, Miami Beach, FL 33154
--beds
--baths
--sqft
Est.:
Quadruplex
Built in 1952
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 136 days
- on Zillow |
- 98 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: February 16, 2025 at 10:00am
Listed by:
Alan Eskenazi Bone 786-493-7772,
Miles Goldstein Real Estate,
Eli Eskenazi Bone 786-449-2228,
Miles Goldstein Real Estate
Source: MIAMI,MLS#: A11745188
Originating MLS: A-Miami Association of REALTORS

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Facts & features
Interior
Property
Parking
- Total spaces: 8
Features
- Stories: 2
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 1322270011840
- Zoning: 4500
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex
Materials
- Other
- Roof: Other
Condition
- Year built: 1952
Utilities & green energy
- Sewer: Other
- Water: Other
Community & HOA
Community
- Subdivision: Bay Harbor Island
HOA
- Has HOA: Yes
Location
- Region: Miami Beach
Financial & listing details
- Annual tax amount: $40,554
- Date on market: 2/13/2025
- Listing terms: All Cash
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