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For sale
  • $4,200,000

    9950 E Bay Harbor Dr, Miami Beach, FL 33154

    --beds
    --baths
    --sqft
    : 
    $28,716/mo
    Get pre-qualified
    Quadruplex
    Built in 1952
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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
    547 days
    |
    116
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alan Eskenazi Bone 786-493-7772,

    Miles Goldstein Real Estate,

    Eli Eskenazi Bone 786-449-2228,

    Miles Goldstein Real Estate

    Source: MIAMI,MLS#: A11745188MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Heating
      • Central
      Cooling
      • Other
      Features
      • Flooring: Other
      Video & virtual tour

      Property

      Parking
      • Total spaces: 8
      Features
      • Stories: 2
      Lot
      • Features: Less Than 1/4 Acre Lot
      Details
      • Parcel number: 1322270011840
      • Zoning: 4500

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Quadruplex
      Materials
      • Other
      • Roof: Other
      Condition
      • Year built: 1952

      Utilities & green energy

      • Sewer: Other
      • Water: Other

      Community & HOA

      Community
      • Subdivision: Bay Harbor Island
      HOA
      • Has HOA: Yes
      Location
      • Region: Miami Beach

      Financial & listing details

      • Tax assessed value: $2,226,713
      • Annual tax amount: $40,554
      • Date on market: 2/13/2025
      • Listing terms: All Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        11/21/2025Price change$4,200,000-8.7%
        Source: MIAMI #A11745188 Report a problem
        9/18/2025Price change$4,600,000-11.5%
        Source: MIAMI #A11745188 Report a problem
        2/16/2025Listed for sale$5,200,000+65.1%
        Source: MIAMI #A11745188 Report a problem
        1/10/2025Sold$3,150,000+75%
        Source: Public Record Report a problem
        7/29/2022Sold$1,800,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$41,152 +1.5%$2,226,713 0%
        2024$40,555 -20.8%$2,226,742 -20.3%
        2023$51,192 +178.1%$2,794,654 +240.1%
        2022$18,406 +8.8%$821,656 +10%
        2021$16,911 +4.5%$746,960 +10%
        2020$16,189 -1.5%$679,055 +10%
        2019$16,443 +7.6%$617,323 +10%
        2018$15,279 $561,203 +10%
        2017$15,279 -1.1%$510,185 +10%
        2016$15,451 +32%$463,805 +10%
        2015$11,709 -5.1%$421,641 -9.8%
        2014$12,336 +47.1%$467,285 +10%
        2013$8,384 $424,805 +10%
        2012$8,384 -12.7%$386,187 -12.2%
        2011$9,600 -14.4%$439,834 -9.1%
        2010$11,209 -31.3%$483,731 -38%
        2009$16,319 -5.1%$780,253 -10.1%
        2007$17,189 +57.6%$868,174
        2006$10,908 --
        2005$10,908 +22.3%--
        2004$8,915 +45%--
        2003$6,150 +38.5%--
        2002$4,439 --
        2001$4,439 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33154

        Getting around

        70 / 100
        Very Walkable
        44 / 100
        Some Transit
        84 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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