Need Help Buying or Selling A Home?

Pinnacle Real Estate Group – FL

9950 E Bay Harbor Drive, Bay Harbor Islands, FL 33154 (MLS# A11731172)

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

$5,200,000
Property Type: Land & Docks Lot Size (sq. ft.): 9,750 Status: Active
Current Price: $5,200,000 List Date: 1/29/2025 Last Modified: 7/28/2026

Overview

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

Listing Details MLS# A11731172

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
0.22
Lot Size Square Feet
9750
Lot Size Dimensions
9750
Lot Depth
130
Lot Frontage
75
LP/SqFt
533.33

Property Features

Comprehensive Plan Use: Suburban; Other Current Use: Other Environmental Audit: None Location of Property: City Location; Near School Possession: Negotiable Special Information: City Jurisdiction Utilities: Cable Available; Natural Gas Available; Sewer Available; Other Road Responsibility: Public Maintained Road Water Source: Other Water View: Beach Showing Requirements: Call Listing Agent Acreage Description: 1/2 To Less Than 1 Acre Lot; 1 To Less Than 2 Acre Lot; 2 To Less Than 3 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
5200000
LP/Acre
23636363.64
LP/Frontage
69333.33

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
9950
Street Direction Prefix
E
Street Name
Bay Harbor
Street Suffix
Drive
City Name
Bay Harbor Islands
Municipal Code
13
State Or Province
FL
Postal Code
33154
Postal Code +4
1538
Postal Zip
33154
Subdivision Name
BAY HARBOR ISLAND
Area
2220
Elementary School
Ruth K. Broad Bay Harbor K-8
High School
Miami Beach
Parcel Number
1322270011840
Subdivision Number
Yes
Zoning
4500
Flood Zone
AE

Financial Information

Tax Year
2023
Tax Annual Amount
40554
Tax Legal Description
BAY HARBOR ISLAND PB 46-5 LOT 21 BLK 8 LOT SIZE 75.000 X 130 OR 19274-3411 08 2000 4

Status Change Information

Major Change Timestamp
2025-01-29T00:12:54Z
Major Change Type
New Listing
Status Change Date
2025-01-29

More Information

Income and Expenses

Gross Scheduled Income
184953
Net Operating Income
113316

Price Calculations

Current Price To SqFt
542.61

Section Details

Parcel Number MLX
1840

Originating Details

Originating System Key
406130776
Originating System ID
M00000151
IDX
Listing Office: Miles Goldstein Real Estate
Last Updated: July - 28 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

No obligation, confidential call.
Interested In Our Properties? Call Us With Any Questions
Scroll to top