Basic Information

  • MLS # A11837608
  • Type Quadruplex
  • Status Active
  • Subdivision/Complex Bay Harbor
  • Year Built 1956
  • Total Sqft 4,878
  • Date Listed 07/10/2025
  • Days on Market 8
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. 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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Roof Description Other
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 4,878Sq.Ft
  • Cooling Description Central Air
  • Floor Description Other
  • Heating Description Central
  • Sqft 4,878 Sq.Ft

Property Features

  • Address 1040 94th St
  • Aprox. Lot Size 10,425
  • Architectural Style Fourplex
  • Association Fee Frequency Monthly
  • City Bay Harbor Islands
  • Construction Materials Block
  • County Miami- Dade
  • Furnished Info no
  • Levels Two
  • Listing Terms Cash, Conventional
  • Lot Features Quarter To Half Acre Lot
  • Occupant Type Tenant
  • Pool Features None
  • Possession Closing And Funding
  • Postal City Bay Harbor Islands
  • Public Survey Section Two
  • Public Survey Township 13
  • Roof Other
  • Sewer Description Public Sewer
  • Stories 2
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Bay Harbor
  • Tax Amount $18,460
  • Tax Legal desc B A Y H A R B O R G A R D E N S C O N D O U N I T1 U N D I V24.60% I N T I N C O M M O N E L E M E N T S O F F R E C24163-2913 C O C24212-4021/24544-39810206116113-469010931 M A
  • Tax Year 2024
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex
  • Water Source Public
  • Year Built Details Resale

1040 94th St

Bay Harbor Islands, FL 33154

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Citadel Realty. tel: 305-866-8000

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