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1040 94 Street, 
Bay Harbor Islands, FL 33154

$3,799,999


Bed


Bath


4,878

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Richard Sragowicz

Richard Sragowicz

Citadel Realty

Last updated:

August 3, 2025, 09:53 AM

MLS#

A11837608

Source:

SEFMLS

About This Home

1040 94 Street

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.

Home Facts

Multi-Family

Built in 1956

Price Summary

3,799,999

$779 per Sq. Ft.

MLS #:

A11837608

Last Updated:

August 3, 2025, 09:53 AM


Rooms & Interior

Interior

Living Area:

4,878 Sq. Ft.


Structure

Structure

Architectural Style:

Fourplex

Building Area:

10,425 Sq. Ft.

Year Built:

1956


Finances & Disclosures

Finances

Price:

$3,799,999

Price per Sq. Ft:

$779 per Sq. Ft.

Source:SEFMLS
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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