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- 1040 94 street
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For Sale
Listed on July 9, 2025
1040 94 street
$3,799,999
0 Beds
0 Baths
4,878 sqft
10 Parkings
Lot size
-
Annual Tax
$18,460
Occupancy
Tenant
Year Built
1956
Property type
Multifamily
#MLS
A11837608
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.
Citadel Realty
Features & Details
Learn about the features and details of 1040 94 street
Property Details
- Property TypeQuadruplex
- Living Area4,878 sqft
- Year Built1956
- Lot Size-
- Stories-
- Annual Tax$18,460.00
- List Date7/9/2025
- Updated10/2/2025
- Last CheckedRecent
- MLS Number#A11837608
- BrokerageCitadel Realty
- Postal Code33154
- AreaMiami-Dade
- CityMiami Beach
Additional Property Features
- OccupancyTenant
- List Price$3,799,999.00
- Unit Number-
- ConstructionBlock
- HeatingCentral
- Fireplaces-
- Garage-
- Parking TypeNo
- Pets AllowedNo
- Air ConditioningCentral Air
- ElevatorNo
- LockerNo
- Swimming PoolNone
- PatioNo
- BasementNo
- DenNo
- Central VacuumNo
- Garage TypeNo
Additional Listing Information
- Walk Score–
- Property Manager-
- Utilities IncludedNone
- FurnishedNo
- Assessment Year2024
- AssignmentNo
- Extras IncludedNone
- Virtual TourView virtual tour
Inside
- Bedrooms & Baths0 Bed, 0 Bath
- EnsuiteYes
- Bathrooms0
- FlooringMixed
Price history
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Mortgage Calculator
Estimate monthly payments for 1040 94 street
$0
20.0%
$3,799,999
1%
5.25%
10%
Estimated Monthly Payment
$18,217
Cash Flow Analysis
Mortgage Payment:
$18,217.13
Monthly Payment:
$19,755.46
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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About this property
Discover this beautiful quadruplex in the heart of Bay Harbour Island, Miami Beach. This well-appointed property offers 4,878 square feet of living space. Originally built in 1956. Offered at $3,799,999.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 1040 94 street
1040 94 street, MLS® A11837608 has a size of 4878 sqft.
There are bedrooms and bathrooms in this Multifamily at 1040 94 street, MLS® A11837608.
Yes, there is parking available with 10 spot(s).
Annual taxes for this home are $18,460 based on 2024 tax year reports.
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
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1040 94 street
1040 94 street