1040 94 Street, Bay Harbor Islands, FL 33154

Bay Harbor Islands
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
1040 94 Street,Bay Harbor Islands, FL 33154
$3,799,999
  • - Beds
  • - Baths
  • 4,878 sq. ft.
  • Multi-family
  • Active
Listed by: richard sragowicz, 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. Concept Design by Kobi Karp 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:February 25, 2026 at 03:54 AM

Rooms and interior

  • Living area:4,878 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1956
  • Building area:4,878 sq. ft.
  • Lot Features:1/4 to 1/2 Acre Lot
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,799,999
  • Price per sq. ft.:$364.51
  • Tax amount:$18,460 (2024)

Parking

  • Total parking spaces:10
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