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$3,799,999

1040 94th St Bay Harbor Islands, FL 33154

4,878 sqft
$779 / sqft
Multi-Family

Property details

About 1040 94th St

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.

Highlights

Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size4,878 sqft
Year built1956
MLS #A11837608

Virtual tour

Summary

  • Flooring Type: Other
  • Architectural Style: Fourplex
  • Heating: Central
  • Cooling: Central Air
  • List Price: $3,799,999
  • Price/SqFt: $779
  • HOA Amount: $0 Monthly
  • Year Built: 1956
  • Stories: 2
  • Living Area: 4,878 SqFt
  • MLS Number: A11837608
  • MLS Name: SEFMIAMI
  • Office Name: Citadel Realty
  • Office Phone: (305) 866-8000
  • Office Email: raquelsold@aol.com
  • Listing Agent: Richard Sragowicz

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 11:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

10

Ruth K. Broad/Bay Harbor K-8 Center

Public District PK-5

0.1 mi

1155 93rd St

7

Biscayne Elementary School

Public District PK-5

1.6 mi

800 77th St

6

David Lawrence Jr. K-8 Center

Public District PK-5

2.3 mi

15000 Bay Vista Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,590. The most common annual income of people living in Bay Harbor Islands, FL is less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

46%
<35k
39%
35k-100k
14%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
17%
Single, with Kids
17%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
48%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Jack In The BoxJack In The Box
  • ChipotleChipotle

What do the neighbors drive?

  • VolvoVolvo
  • ToyotaToyota
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1040 94th St

The listing price of 1040 94th St property is $3,799,999.

The property 1040 94th St is a multi located in Bay Harbor Islands, Florida, 33154.

Active Listing: 1040 94th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1040 94th St are: Ruth K. Broad/Bay Harbor K-8 Center (GreatSchools Rating 10/10), Biscayne Elementary School (GreatSchools Rating 7/10), David Lawrence Jr. K-8 Center (GreatSchools Rating 6/10), Mater Academy Miami Beach (GreatSchools Rating 5/10), North Miami Middle School (GreatSchools Rating 3/10), Sports Leadership and Management (Slam) Middle School - Nort (GreatSchools Rating 4/10), Mast@Fiu (GreatSchools Rating 10/10), Alonzo and Tracy Mourning Senior High School Biscayne Bay Campus (GreatSchools Rating 5/10), North Miami Senior High School (GreatSchools Rating 3/10).

The property 1040 94th St is 4,878 SqFt (source: MLS/tax record).

The year of construction for 1040 94th St is 1956.

This home is located at 1040 94th St in Bay Harbor Islands, FL and zip code 33154. This 4,878 square foot home was built in 1956. Features: 0 bathroom. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $3,799,999.

While more than 0 listings in Bay Harbor Islands, FL in June 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 5 were sold below. Between May and June 2025, Bay Harbor Islands, FL real estate market has seen increase in the number of listings by 7.3%. In June 2025 median list price was $650,000 and the average listing age was 123 days.

From Rocket Homes Real Estate and based on county public records data.

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