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Bay Harbor

$3,799,999

1040 94 street, Bay Harbor Islands, FL 33154

Active
Last Updated: 07/17/2025

10,425 sqft

Building Size

8

Units

Details:
Building Size:    10,425 sqft
Units:    8
Year Built:    1956
Floors:    2
Parking Spots:    10
Gross Leaseable Area:    4,878
Highlights:
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Documents Available: Other Available Information
  • Architectural Style: Detached
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Other
  • Construction Materials: CBS Construction
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.

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