1040 94 Street Bay Harbor Islands, FL 33154
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.

property details
Interior Features
Exterior Features
Utility & Building Info
Price History
date | event | price | source |
---|---|---|---|
07/10/2025
07/10/2025
|
Active |
$3,799,999
|
Miami/Jupiter-Tequesta-Hobe Sound MLS |
Market Trends
Source: Constellation1
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