




Exceptional development opportunity in bay harbor islands income-producing 4-unit multifamily with 23,000+ buildable sf ideally located on 94th street in the heart of bay harbor islands, this 10,425 sq ft lot is directly across from the prestigious la mare development and just 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.
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*Private Mortgage Insurance - included if downpayment is less than 20% of mortgage.
**Monthly payment - a sum of Principle, Interest, PMI, Tax, Insurance.
| Name | Address | Type | # of Students | Grades | Distance |
|---|---|---|---|---|---|
| Ruth K. Broad Bay Harbor K-8 Center | 1155 93RD ST | public | 1249 | PK - 8 | 0.12 mi |
| Mater Academy (miami Beach) | 8625 BYRON AVE | public | 614 | KG - 8 | 1 mi |
| Lanaar | 2225 NE 121ST ST | private | 84 | 1 - 4 | 1.53 mi |
| Lehrman Community Day School | 727 77TH ST | private | 300 | PK - 5 | 1.56 mi |
| Biscayne Beach Elementary School | 800 77TH ST | public | 578 | PK - 5 | 1.63 mi |
| Happy Kids Private School | 7118 BYRON AVE | private | 9 | PK - 2 | 1.98 mi |
| Gan Katan | 7055 BONITA DR | private | 66 | PK - 4 | 2.04 mi |
| David Lawrence Jr. K-8 Center | 15000 BAY VISTA BLVD | public | 1282 | PK - 8 | 2.25 mi |
| Mater Academy Bay Biscayne North Miami Elementary School | 12900 NE 17TH AVENUE | public | 496 | KG - 5 | 2.27 mi |
| Stars Learning Center | 2140 VERDUN DR | private | 25 | PK - 2 | 2.34 mi |
| Natural Bridge Elementary School | 1650 NE 141ST ST | public | 386 | PK - 5 | 2.65 mi |
| Von Wedel Montessori School | 11820 NE 13TH AVE | private | 44 | PK - 3 | 2.65 mi |
| W. J. Bryan Elementary | 1201 NE 125TH ST | public | 622 | PK - 5 | 2.74 mi |
| Treasure Island Elementary School | 7540 E TREASURE DR | public | 399 | PK - 5 | 2.84 mi |
| Alhambra Heights Challenger School | 1200 NE 135TH ST | private | 56 | PK - 9 | 2.94 mi |
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