Property Description
Exceptional Development Opportunity in Bay Harbor Islands
Income-Producing 4-Unit Multifamily with 23,000+ Buildable SF
Currently 8 Bedrooms + Dens on each unit and 8 Bathrooms.
Concept Design by Kobi Karp
Ideally located on 94th Street in the heart of Bay Harbor Islands, this 11,250 sq ft, steps from one of the county’s top-rated K–8 schools, world-class shopping, dining, and pristine beaches. Zoned RM-2, the property offers prime redevelopment potential with approximately 23,000 buildable square feet, allowing for up to 14 luxury condominium or townhouse residences.
The existing structure is a fully operational 4-unit multifamily generating steady income while offering immediate upside for investors and developers.
Features
- Swimming Pool
- Heating System
- Cooling System
- Parking
- Architectural Style
- Roof:
- Other
- Sewer
Address Map
- State:
- FL
- County:
- Miami-Dade
- City:
- Bay Harbor Islands
- Zipcode:
- 33154
- Street:
- 1040 94 Street, Bay Harbor Islands, Florida 33154
- Longitude:
- W81° 52' 12.8''
- Latitude:
- N25° 53' 4.6''
MLS Addon
- Association Fee Frequency:
- Monthly
- Building Area:
- 10,425 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 184
- DOM:
- 216
- Flooring:
- Other
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional
- Lot Features
- Parcel Number:
- 13-22-34-005-0001
- Subdivision Name:
- BAY HARBOR
- Tax Annual Amount:
- $18,460
- Tax Year:
- 2024
- Utilities
Residential Income For Sale
1040 94 Street, Bay Harbor Islands, Florida 33154, Bay Harbor Islands, Florida 33154
4,878 Sqft
$3,799,999
MLS # #A11837608
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $3,799,999
- Square Footage :
- 4,878 Sqft
- Year Built :
- 1956
- MLS # :
- A11837608
- Property Sub Type :
- Quadruplex
