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$ 5,200,000
Est. payment /mo
Active
9950 E Bay Harbor DR Bay Harbor Islands, FL 33154
9,583 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Bay Harbor Island
MLS Listing ID A11731172
HOA Y/N No
Annual Tax Amount $40,554
Tax Year 2023
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Unimproved Land
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
Location
State FL
County Miami-dade
Community Near Schools
Area 2220
Zoning 4500
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Community Features Near Schools
Utilities Available Cable Available, Natural Gas Available, Other, Sewer Available
View Y/N Yes
Water Access Desc Other
View Beach
Present Use Other
Building
Lot Description 1-2 Acres, 2-3 Acres, City Lot
Water Other
Others
Tax ID 1322270011840
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11731172
Listed by Alan Eskenazi Bone Miles Goldstein Real Estate