Bay Harbor Islands, FL 33154 1040 94 street
$3,799,999
0 more
Presented By: This listing is courtesy of Citadel Realty;
Beds • 8
Baths • 8
SQFT • 4,878
Home Details
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.
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.
Presented By: This listing is courtesy of Citadel Realty;
Interior Features for 1040 94 street
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourceOwner
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringOther
Heating Y/NYes
General for 1040 94 street
Additional Parcels Y/NNo
Architectural StyleFourplex
Assoc Fee Paid PerMonthly
Attached Garage No
Carport Y/NNo
CityBay Harbor Islands
Construction MaterialsBlock
CoolingCentralAir
CountyMiami-Dade
Garage Y/NNo
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionBAY HARBOR GARDENS CONDO UNIT 1 UNDIV 24.60% INT IN COMMON ELEMENTS OFF REC 24163-2913 COC 24212-4021/24544-3981 0206 1 16113-4690 1093 1 MA
LevelsTwo
Listing TermsCash, Conventional
Lot Size UnitsSquareFeet
MLS Area22
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
Pool FeaturesNone
PossessionClosingAndFunding
PostalCityBay Harbor Islands
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesNone
RoofOther
Senior Community Y/NNo
SewerPublicSewer
Showing Instructions24 Hour Notice, Call Listing Agent
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameBAY HARBOR
Tax Annual Amount18460.0
Tax Year2024
UtilitiesCableNotAvailable
Virtual TourClick here
Year Built1956
Year Built DetailsResale
Zoning Description0
Exterior for 1040 94 street
Building Area Total10425.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesQuarterToHalfAcreLot
Private PoolNo
SpaNo
Total Parking10.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Shawn Johnson
Realtor®
