




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.
Mortgage Calculator
*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 |
Free Benefits of account