Coconut Grove New Developments 2026: The Complete Guide to Every New Luxury Project

9950 E Bay Harbor Dr
Bay Harbor Islands, FL, 33154
$5,200,000
Beds
0 Baths
0 SqFt
0.22 Acres
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MLS #A11731172 image #0
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

Price:
$5,200,000
MLS #:
A11731172
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Income/MultiFamily
Subdivision:
BAY HARBOR ISLAND
Neighborhood:
bayharborisland
Listed Date:
Jan 28, 2025
Lot Size:
9,750 sqft / 0.22 acres (approx)
Bay Harbor IslandBayharborislandBay Harbor IslandOther Usage,income (other)

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Schools

Interior

Exterior

Lot Features
Beach Area, City Location, Near School, 1-2.5 Acres

Financial

Net Operating Income
$113,316
Tax Year
2023
Taxes
$40,554

Map

Community

Subdivisions in Bay Harbor Islands

Market Summary

Current real estate data for Single Family in Bay Harbor Islands as of Jun 04, 2026
18
Single Family Listed
251
Avg DOM
1,892
Avg $ / SqFt
$8,756,111
Avg List Price

Property Summary

    Located in the BAY HARBOR ISLAND subdivision, 9950 E Bay Harbor Dr Bay Harbor Islands FL is a Single Family for sale in Bay Harbor Islands, FL, 33154. It is listed for $5,200,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Bay Harbor Islands is $1,892. The average listing price for Single Family in Bay Harbor Islands is $8,756,111. To schedule a showing of MLS#a11731172 at 9950 E Bay Harbor Dr in Bay Harbor Islands, FL, contact your Julien Drieu agent at 7862380927.

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