Income/MultiFamily · Commercial Land
9950 E Bay Harbor Dr, Bay Harbor Islands FL 33154
Bay Harbor Islands, FL, 33154
$5,200,000
Presented by Parvani Commercial Group, Inc.
About This Property
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
Property Details
- Property Type
- Income/MultiFamily
- Status
- Active
- MLS #
- A11731172
- Lot Size
- 9,750 SF
- Zoning
- 4500
- Net Operating Income
- $113,316
- Days on Market
- 546
- Price
- $5,200,000