FLORIDA LUXReal Estate

Bay Harbor Islands Multi-Family Homes for Sale

1 listings

Live MLS inventory in Bay Harbor Islands, updated continuously. Florida Lux Real Estate currently tracks 1 active listings here. MLS inventory updated October 3, 2026.

Multi-Family Homes for Sale in Bay Harbor Islands: What to Know Before You Search

Bay Harbor Islands is a low-rise town spread across two islands in Biscayne Bay, one bridge from Bal Harbour Shops. Height-limited streets blend mid-century co-ops with the densest run of boutique bayfront new construction in South Florida, much of it offering private dockage, and the A-rated K-8 school is a real draw.

Multi-family property in Bay Harbor Islands is where owner-occupants and investors overlap — duplexes up to small apartment buildings where rental income helps cover the mortgage. A market known for boutique bayfront buildings and an A-rated school, a bridge from Bal Harbour keeps tenant demand steady, and for many buyers the smartest opening move here is living in one unit while the others carry the loan.

Bay Harbor Islands Market Snapshot

130
Homes sold, last 12 months
$829K
Median sale price
116 days
Median time on market

Frequently Asked Questions

Can I house-hack a duplex in Bay Harbor Islands?

Yes. Owner-occupied multi-family qualifies for residential financing — some programs allow a low single-digit down payment — and lenders will credit part of the other units' rent toward your qualification. It's the classic first-investment route, and we'll model the numbers on any listing on this page.

What should I verify before buying a rental building in Bay Harbor Islands?

Actual rents against market, which leases convey at closing, insurance on any older roof, and whether the municipality requires a rental license. Pulling the rent roll and confirming licensing is part of our standard diligence, not an afterthought.

How do I arrange a showing in Bay Harbor Islands?

Each listing on this page carries an inquiry form that goes straight to our brokerage — or reach us at +1 786-370-8570. We schedule private tours to fit your calendar and run live video walkthroughs for buyers relocating from out of state, with no obligation attached.

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