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$3,799,999
For Sale

1040 94 street,

Miami-Dade

Listed on July 9, 2025

Quadruplex

MLS® # A11837608
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
4,878 sqft
Parkings
10
Maintenance Fees
-
Annual Tax
$18,460

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 Type
    Quadruplex
  • Living Area
    4,878 sqft
  • Year Built
    1956
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $18,460.00
  • List Date
    7/9/2025
  • Updated
    9/11/2025
  • Last Checked
    Recent
  • MLS Number
    #A11837608
  • Brokerage
    Citadel Realty
  • Postal Code
    33154
  • Area
    Miami-Dade
  • City
    Miami Beach

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $3,799,999.00
  • Unit Number
    -
  • Construction
    Block
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Central Air
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2024
  • Assignment
    No
  • Extras Included
    None

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 1040 94 street

Virtual Tour

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Real estate trends

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Explore Miami-Dade

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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 impressive 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

Miami Association of REALTORS®
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.
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1040 94 street