Residential in 1040 94th St Bay Harbor Islands for sale with MLS# A11979309

Exceptional Development. 23,000+ Buildable SF Concept Design by Kobi Karp 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. The proposed renderings by Kobi Karp calls for 8 to 9 very large units The lot itself is Zoned RM-2, 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 4-unit multifamily with 8 Bedrooms + Dens on each unit and 8 Bathrooms that needs TLC.

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Days on the market

1040 94th St, Bay Harbor Islands, FL 33154

Price
Price:
$3,750,000.00
Previous Asking Price:
$3,595,000.00
Original List Price:
$3,595,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land
Property Type:
Residential
MLS Number:
A11979309
Description of Last Important Update:
Price Change
Last Major Update on:
April 7, 2026 5:25 pm
Measures
Lot Area:
11,250 Sqft
Lot Size Unit:
Square Feet
Lot Size Acres:
0.2583
Number of Lots:
4
Property Features
Waterfront:
No
Building:
Other
Property Entrance Faces:
North
Taxes and Expenses
Tax Annual Amount:
$24,463.00
Tax Year:
2025
Parking
Covered Spaces:
0
Community
Subdivision Name:
BAY HARBOR GARDENS CONDO
Senior Community:
No
Development Status:
Other
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Closing And Funding
Zoning and Legal
Tax Legal Description:
BAY HARBOR GARDENS CONDO
Real Estate Folio Number (Parcel Number):
13-22-34-005-0010
Zoning Description:
4500
Listing History
Originally published on:
March 9, 2026 1:40 pm
Active on the market since:
March 9, 2026
Price change occurred on:
April 7, 2026 5:25 pm
Listing Status Last Changed On:
March 9, 2026 1:40 pm
Photos updated on:
March 9, 2026 5:59 pm
Last Modified:
April 7, 2026 9:26 pm
Additional Information
Flood Zone:
AE
Municipal Code:
13
Subdivision Number:
5
Courtesy of:
Citadel Realty
Attribution:
Not provided
Location
Street Name:
94th St
Street Number:
1040
City:
Bay Harbor Islands
State:
Florida
Zip Code:
33154
County:
Miami-Dade
Latitude:
N25° 53' 4.5''
Longitude:
W81° 52' 11.8''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $87,806
Median Home Value $741,400
Median Rent $2,245/mo
Median Age 40
Population 14,435

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 55 Moderate
☀️ O3 45 Good
🫁 PM2.5 55 Moderate

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is 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. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.