Residential Land for Sale in Bay Harbor Islands, Florida
9950 E Bay Harbor Dr, Bay Harbor Islands, FL 33154
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
Location
- Street address
- 9950 E Bay Harbor Dr
- County
- Miami-Dade County
- Community
- Bay Harbor Island
- Elevation
- 3 feet
Property details
- Lot size
- 0.22 acres9,583 sq ft
- MLS #
- MAOR A11731172
- Posted
Property taxes
- 2023
- $40,554
Parcels
- 13-22-27-001-1840
Legal description
BAY HARBOR ISLAND PB 46-5 LOT 21 BLK 8 LOT SIZE 75.000 X 130 OR 19274-3411 08 2000 4
Resources
Details and features
Listing
- Type
- Land
- Subtype
- Multi Family
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 29, 2025 | New listing | $5,200,000 | — | MAOR |