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Homes for sale in Bay Harbor Islands
Quadruplex

9950 E Bay Harbor Dr

Bay Harbor Islands, FL 33154
$4,200,000
Year built
1952

Listing courtesy of Alan Eskenazi Bone, Miles Goldstein Real Estate

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

Details

Property

Type
Quadruplex
Building
Fourplex
Year built
1952
Stories
2
Building name
BAY HARBOR ISLAND
Subdivision
BAY HARBOR ISLAND
County
Miami-Dade County
Flood zone
AE

Interior

Heating
Central

Community and fees

Annual taxes
$40,554
Terms
All Cash

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated July 28, 2026.