1040 94 street Bay Harbor Islands, FL $ 3,799,999
1040 94 street
$ 3,799,999
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1040 94 street

Bay Harbor Islands, FL, 33154
$ 3,799,999
Bedrooms2 Baths2.0 Sq 4,878

Monthly Estimate*

$ 23,707

1040 94 street, Bay Harbor Islands, FL 33154 - Image 1
1040 94 street, Bay Harbor Islands, FL 33154 - Image 2
1040 94 street, Bay Harbor Islands, FL 33154 - Image 3
1040 94 street, Bay Harbor Islands, FL 33154 - Image 4
1040 94 street, Bay Harbor Islands, FL 33154 - Image 5
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Multi-Family Home for sale in Bay Harbor Islands, FL

for $3,799,999 with 2 bedrooms and 2 full baths. This 4,878 square foot home was built in 1956.

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.

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Multi-Family Active

Price

$ 3,799,999

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 18,460

Style

Year Built

1956

Town/City

Bay Harbor Islands

County/Region

Miami-Dade

MLS | Web ID

A11837608

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Not Available
Possession Closing & Funding
Roof Other
HOA Fee 0
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1956
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Residential Income
Subdivision Name BAY HARBOR
Rent Includes None
Full Baths 2
Status Active
City Bay Harbor Islands
Zoning Description 0
Number Of Units Total 1
MLS Area 22
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 18460
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11837608
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
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
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Interior
Flooring Other
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Lot Features 1/4 to 1/2 Acre Lot
Water Source Public
Total Parking 10
Building Area Total 10425
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Citadel Realty

Broker

richard@citadelmiami.com

Email

Affordability Calculator

$25,245
Per Month
94%
6%
0%
Monthly Principal & Interest
$23,707
Monthly Property Taxes
$1,538
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2025$3,799,999 Listed Price

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1040 94 street, Bay Harbor Islands, FL, 33154 is a Multi-Family Home for sale at $3,799,999 with 4,878 sqft. 1040 94 street has 2 bedrooms, 2.0 baths, and was built in 1956. The property's zip code is 33154 which is in Bay Harbor Islands, FL