1040 94 street new Save Request In-Person Tour Request Virtual Tour
Bay Harbor Islands,FL 33154
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,878 sqft
Price per Sqft $779
Subdivision Bay Harbor
MLS Listing ID A11837608
Style Fourplex
Year Built 1956
Annual Tax Amount $18,460
Tax Year 2024
Property Sub-Type Quadruplex
Property 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.
Location
State FL
County Miami-dade
Community Bay Harbor
Area 22
Interior
Heating Central
Cooling Central Air
Flooring Other
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Other
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 2
Sewer Public Sewer
Water Public
Structure Type Block
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11837608