1040 94th St - Residential Income FOR SALE


Bay Harbor Islands, FL 33154
$3,799,999 USD
305-333-0183
1040 94th St, Bay Harbor Islands, FL for Sale
$3,799,999 USD
Residential Income - FOR SALE
1/4
null | Request Cap Rate

1040 94th St
Bay Harbor Islands, FL 33154


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,799,999 USD

PRICE/SF

$779 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

4500

APN/PARCEL ID

13-2234-005-0010

ASK ABOUT THIS PROPERTY

Richard SragowiczCitadel RealtyMore Info
305-333-0183

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Richard SragowiczCitadel RealtyMore Info
305-333-0183

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.