1040 94 Street, Bay Harbor Islands, FL 33154
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by:richard sragowicz
Office:citadel realty
MLS#:A11837608
Source:SEFMLS
Price summary
- Price:$3,799,999
- Price per sq. ft.:$364.51
About this home
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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Home facts
- Year built:1956
- Listing ID #:A11837608
- Updated:September 18, 2025 at 09:52 AM
Rooms and interior
- Living area:4,878 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:1956
- Building area:4,878 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,799,999
- Price per sq. ft.:$364.51
- Tax amount:$18,460 (2024)
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