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9950 E Bay Harbor Dr

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Bay Harbor Islands, FL 33154
$5,200,000
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Month
  • Principal & Interest
    $ 615
  • Property Tax
    $ 180
  • Home Insurance
    $ 61
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Property Description

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

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    9950 E Bay Harbor Dr, Bay Harbor Islands, FL 33154

    Property Stats

    Active Status

    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

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      Listing Courtesy of Miles Goldstein Real Estate

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      The data relating to real estate for sale on this website comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above is provided courtesy of iHomefinder and Miami Association of REALTORS® The information being provided is for consumers' 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.

      Miami-JTHS data last updated at April 6, 2026, 3:07 PM ET

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