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$5,200,000

  • For Sale
  • Active
  • Multi-Family
  • 0.22 Acres
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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

Full Property Details for 9950 E Bay Harbor Dr

General

  • Price: $5,200,000
  • Taxes: $40,554 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11731172
  • Updated: 1/29/2025
  • Added to Site: 394 day(s) ago

Location

  • Area: Bay Harbor Island
  • County: Miami-Dade County
  • Subdivision: BAY HARBOR ISLAND
  • Building Name: BAY HARBOR ISLAND

Community

  • Community Name: Bay Harbor Island

Utilities

  • Sewer: Other
  • Water: Other
  • Utility Description: Cable Connected, Other Utilities Available, Cable Available, Natural Gas Available, Other

Structural Information

  • Detached/Attached: Detached
  • Current Bldg. Use: Other Usage, Income (Other)

Lot Features

  • Lot Size (Acres): 0.22
  • Lot Size (Sq. Ft.): 9,750
  • Lot Dimensions: 75 x 130
  • Frontage Feet: 75
  • Lot Features: Beach Area, City Location, Near School, 1-2.5 Acres
  • Potential Use: Other Plan Use, Suburban
  • Zoning: 4500

Financial Considerations

  • Tax Amount: $40,554
  • Tax Year: 2023

Disclosures and Reports

  • Legal Description: BAY HARBOR ISLAND PB 46-5 LOT 21 BLK 8 LOT SIZE 75.000 X 130 OR 19274-3411 08 2000 4
  • Property ID: 13-22-27-001-1840

Listed by Miles Goldstein Real Estate

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Listing agents

— 9950 E Bay Harbor Dr —

  • Miles Goldstein Real Estate

  • Miles Goldstein Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 9950 E Bay Harbor Dr

School District:Dade County School District
NameGradesDistance
Ruth K. Broad Bay Harbor K-8 Center
1155 93rd Street, Bay Harbor Islands, FL 33154
PK-50.4 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-85.2 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-126.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 9950 E Bay Harbor Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/28/2025
Listed
$5,200,000
65.08%
MLS
1/03/2025
Sold
$3,150,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 9950 E Bay Harbor Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$40,555
-21%
$2,226,742
-20%
2023
$51,192
178%
$2,794,654
110%
2022
$18,406
9%
$1,332,184
20%
2021
$16,911
—
$1,106,403
—
2021
$16,911
3%
$1,106,432
79%
2019
$16,443
10%
$617,323
10%
2018
$14,951
-9%
$561,203
-61%
2017
$16,474
21%
$1,437,165
210%
2016
$13,641
17%
$463,805
10%
2015
$11,709
-5%
$421,641
-10%
2014
$12,336
14%
$467,285
10%
2013
$10,780
—
$424,805
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Miles Goldstein Real Estate

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9950 E Bay Harbor Dr, Bay Harbor Islands, FL 33154 (MLS# A11731172) is a Multi-Family property with a lot size of 0.22 acres. 9950 E Bay Harbor Dr is currently listed for $5,200,000 and was received on January 28, 2025. Want to learn more about 9950 E Bay Harbor Dr? Do you have questions about finding other Multi-Family real estate for sale in Bay Harbor Islands? You can browse all Bay Harbor Islands real estate or contact a Coldwell Banker agent to request more information.

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