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

1040 94 STREET #4, Bay Harbor Islands

$3,799,999 USD
Pictures
Map
Object Images
Small Image of 1040 94 STREET #4, Bay Harbor Islands Number 1
Small Image of 1040 94 STREET #4, Bay Harbor Islands Number 2
Small Image of 1040 94 STREET #4, Bay Harbor Islands Number 3
Small Image of 1040 94 STREET #4, Bay Harbor Islands Number 4
Small Image of 1040 94 STREET #4, Bay Harbor Islands Number 5
Contact us
ReCaptcha Protected
Schedule Tour
[datetime datetime-obps date-format:mm/dd/yy time-format:HH:mm placeholder “Day of Viewing”]
ReCaptcha Protected
Address1040 94 STREET #4, Bay Harbor Islands
Building NameBAY HARBOR
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$3,799,999
Property StatusActive
MLS NumberA11837608
Living Area4878
Year Built1956
Parking Space Number10
Folio Number13-22-34-005-0001
Days on Market79

Detailed 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.

Internet

Property added to favorites
Add to Favorite
Mortgage calculator
More Information
Loan
Mortgage
Expert
Loan Calculator
Loan amount
Loan term
Annual interest rate
First payment date
Amortization period
Calculate
Hide
Address Information
StateFlorida
CityBay Harbor Islands
CountyMiami-Dade County
Zip Code33154
Address1040 94 STREET
Section34
Financial Information
Price$3,799,999
Price per Foot$0
Folio Number13-22-34-005-0001
Association Fee PaidMonthly
Tax Amount$18,460
Tax Year2024
Possession InformationFunding
Full Descriptions
Detailed DescriptionExceptional 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.
Roof DescriptionOther
Floor DescriptionOther
Cooling DescriptionCentral Air
Heating DescriptionCentral
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Property parameters
Living Area4878
Year Built1956
Type of PropertyQuadruplex
StyleQuadruplex
Building NameBAY HARBOR
Development NameBAY HARBOR,BAY HARBOR GARDENS
Construction TypeCBS Construction
Stories Number2.000
Parking Space Number10
Listed withCitadel Realty