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9950 E Bay Harbor DrBay Harbor Islands, FL 33154

For Sale

$4,200,000

Smart Buyer Rebate $42,000

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

Listed by Alan Eskenazi Bone

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License #3344686

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Miles Goldstein Real Estate

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786-493-7772

Listed by Eli Eskenazi Bone

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Miles Goldstein Real Estate

Last updated November 20, 2025

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Source: MIAMIRE #A11745188

Listing Facts

  • TypeMulti-family
  • NeighborhoodBay Harbor Islands
  • Days on Prevu301
  • Taxes$40,554/year

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

11/21/2025
Price Decreased
$4,200,000
09/18/2025
Price Decreased
$4,600,000
02/13/2025
Listed by Miles Goldstein Real Estate
$5,200,000

Property Details for 9950 E Bay Harbor Dr

Exterior

Construction

  • Roof: Other
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Quadruplex, Fourplex
  • Year Built: 1952
  • Year Built Details: Resale
  • Architectural Style: Other
  • Building Name: BAY HARBOR ISLAND
  • Construction Materials: Other

Measurements

  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 13-22-27-001-1840
  • Tax Annual Amount: $40,554.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Other

Measurements

  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: BAY HARBOR ISLAND

Parking

Parking

  • Parking Total: 8

Utilities

Equipment

  • Cooling: Other
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Other
  • Water Source: Other

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 9950 E Bay Harbor Dr.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for 9950 E Bay Harbor Dr.

What are the annual taxes for 9950 E Bay Harbor Dr?

Annual taxes for this multi-family home are estimated at $40,554.

How does 9950 E Bay Harbor Dr compare to other multi-family homes in Bay Harbor Islands?

This multi-family home is listed 19% below the average price for multi-family homes in Bay Harbor Islands and has been on the market for 162 more days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is in the BAY HARBOR ISLAND building.

9950 E Bay Harbor Dr is a -bedroom multi-family home for sale in Bay Harbor Islands FL 33154. Available on Prevu for 301 days at $4,200,000. This includes a recent price decrease of $400,000. This residence is located in Bay Harbor Islands. The median listing price for multi-family homes in this area is $1,147,000. Additional amenities include pets allowed and parking. View other multi-family home listings in Florida.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.