9950 E Bay Harbor Dr, Bay Harbor Islands, FL
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 facts
- Location
- Bay Harbor Islands, FL 33154
- County
- Miami-Dade County
- FEMA flood zone
- Zone AE, special flood hazard area
- Base flood elevation
- 9 ft (NGVD29)
- Ground elevation
- 4.0 ft
- Hurricane evacuation zone
- Zone B
- Distance to the coast
- 0.1 mi
Sources: FEMA National Flood Hazard Layer (panel 12086C0144L, effective 2009-09-11), USGS 3DEP, Florida Division of Emergency Management, OpenStreetMap coastline. Checked 2026-10-04. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.
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Interested in this property?
Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.