Bay Harbor Islands, FL 33154,1040 94 street
Bay Harbor Islands, FL 33154,1040 94 street
Bay Harbor Islands, FL 33154,1040 94 street
Bay Harbor Islands, FL 33154,1040 94 street
Bay Harbor Islands, FL 33154,1040 94 street
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$ 3,799,999
Est. payment | /mo

4,878 SqFt


$ 3,799,999
Est. payment | /mo

4,878 SqFt

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

Construction Status Resale

HOA Y/N Yes

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

Ideally located on 94th Street in the heart of Bay Harbor Islands, this 10,425 sq ft lot is directly across from the prestigious La Mare development and just 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

Total Parking Spaces 10

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 2

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status Resale

Others

Tax ID 13-22-34-005-0001

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11837608

Listed by Citadel Realty
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1040 94 street