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.

Address

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Address: 94 street
City: Bay Harbor Islands
State/county: Miami-Dade County
Zip/Postal Code: 33154
Area: BAY HARBOR, BAY HARBOR GARDENS

Details

Updated on December 17, 2025 at 7:14 pm

Property ID A11837608
Price $3,799,999
Property Size 4878 Square Feet
Year Built 1956
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Detached
AssociationFee 0
AssociationFeeFrequency Monthly
BuildingAreaSource Owner
BuildingAreaTotal 10425
BuildingAreaUnits Square Feet
BuildingName BAY HARBOR
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2025-07-09
Cooling Central Air
DaysOnMarket 161
DocumentsAvailable Other Available Information
ExpirationDate 2026-03-31
Flooring Other
Heating Central
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-333-0183
ListingTerms All Cash, Conventional
LotFeatures 1/4 To Less Than 1/2 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Bay Harbor
MajorChangeTimestamp July 10, 2025 at 07:32pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp December 17, 2025 at 04:33pm
NumberOfUnitsInCommunity 8
NumberOfUnitsTotal 4
OnMarketDate 2025-07-09
OriginalEntryTimestamp July 10, 2025 at 07:32pm
OriginalListPrice 3799999
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 13-22-34-005-0001
ParkingTotal 10
PhotosChangeTimestamp July 11, 2025 at 06:22am
PhotosCount 5
Possession Funding
PriceChangeTimestamp July 10, 2025 at 07:32pm
PublicSurveyRange 22
PublicSurveySection 34
PublicSurveyTownship 22
RentIncludes None
Roof Other
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions 24 Hour Notice, Call Listing Agent
SourceSystemKey 417744850
StateOrProvince FL
StatusChangeTimestamp July 10, 2025 at 07:32pm
Stories 2
StoriesTotal 2
StreetName 94 street
StreetNumber 1040
StreetNumberNumeric 1040
StructureType Quadruplex, Fourplex
SyndicationRemarks 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.
TaxAnnualAmount 18460
TaxLegalDescription BAY HARBOR GARDENS CONDO UNIT 1 UNDIV 24.60% INT IN COMMON ELEMENTS OFF REC 24163-2913 COC 24212-4021/24544-3981 0206 1 16113-4690 1093 1 MA
TaxYear 2024
WaterSource Municipal Water
YearBuiltDetails Resale
Zoning 0