1040 94 street ,Detached, Quadruplex, Bay Harbor for Sale

1040 94 street for Sale

Price $3,799,999.00

• Lot size 10425
• Year Build 1956
• Waterfront
• Zip 33154
• Style Detached
• Parking Description
• Pool Yes
• Status Active

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.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11837608

BAY 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

1/4 To Less Than 1/2 Acre Lot

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.

City:Bay Harbor Islands,Zoning:0,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2024,Latitude:25.8846385,Cooling Y N:1,Heating Y N:1,List Price:3799999,Listing Id:A11837608,Longitude:-80.1300641,Mls Status:Active,Year Built:1956,Living Area:4878,Postal Code:33154,Street Name:94 street,Coordinates:1:25.8846385,Photos Count:5,Building Name:BAY HARBOR,Days On Market:4,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:22,M L S Area Major:Bay Harbor,On Market Date:2025-07-09,Parcel Number:13-22-34-005-0001,Parking Total:10,Property Type:Residential Income,Stories Total:2,Street Number:1040,Association Y N:1,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Citadel Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:BAY HARBOR,BAY HARBOR GARDENS,Tax Annual Amount:18460,Unparsed Address:1040 94 street, Bay Harbor Islands FL 33154,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:10425,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:779.0076,Original List Price:3799999,Public Survey Range:22,Building Area Source:Owner,I D X Participation Y N:1,Number Of Units Total:4,Syndication Remarks: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.,Listing Contract Date:2025-07-09,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:24 Hour Notice,Call Listing Agent,Street Number Numeric:1040,Tax Legal Description:BAY 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,Public Survey Township:22,Originating System Name:Miami Association of REALTORS?,Association Fee Frequency:Monthly,M I A M I R E_ Internet Remarks:4-UNIT MULTIFAMILY BUILDING. LARGE LOT WITH 11250 SQFT. ALL UNITS MUST BE PURCHASED TOGETHER.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-07-09,Internet Address Display Y N:1,Number Of Units In Community:8,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:779.01,Internet Automated Valuation Display Y N:1,