12-Unit Renovated Apartment
New
For Sale
$6,250,000
1029 94th St, Bay Harbor Islands, FL 33154
Renovated two-story property with a mix of one- and two-bedroom units in Bay Harbor Islands.
Property Size8,230 SF
Lot Size0.26 Acres
Days on Market4
Property Features for 1029 94th St
General Information
Standard status
Active
Size
8,230 SF
Net Rentable
8,230 SF
Lot size
0.26 Acres
Property subtype
Commercial
Zoning
RM-2
Lease Term
1 to 3 years
Units
Unit Mix
11 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
12
Building Details
Building Size
8,230 SF
Year Built
1951
Stories
2
Listing Agency:
MSP Group, LLC
(786) 208-2684
Listed By:
Demosthenes Mekras
(786) 208-2684
Source:
Elliman
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 10 at 6:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MSP Group, LLC
Investment Insights
Based on property information with market context.
Built in 1951 and renovated throughout in recent years, this two-story apartment property contains 12 units and 8,230 SF of net rentable living area. The 11,250 SF (0.26-acre) parcel includes eleven one-bedroom, one-bath residences averaging approximately 680 SF and one two-bedroom, one-bath residence averaging approximately 750 SF. Water and trash are included in monthly rent, while residents handle their own gas and electricity.
The property is located at 1029 94th Street in Bay Harbor Islands, within Miami-Dade County. RM-2 zoning permits multifamily density of up to 34 dwelling units per acre as of right and up to 60 units per acre with bonuses, subject to applicable entitlement processes. The site has a bike score of 63 and a walk score of 44.
The property is located at 1029 94th Street in Bay Harbor Islands, within Miami-Dade County. RM-2 zoning permits multifamily density of up to 34 dwelling units per acre as of right and up to 60 units per acre with bonuses, subject to applicable entitlement processes. The site has a bike score of 63 and a walk score of 44.
Key Highlights
- 12‑unit apartment property on an 11,250 SF (0.26‑acre) lot
- 8,230 SF of net rentable living space across two stories
- Unit mix includes eleven 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
2,001
Businesses Nearby
Explore this area
Business Placement
Demographics for 33154, FL
14,792
Population
10,104
Households
1.5
Avg Household Size
46
Median Age
59%
College-Educated
98%
High-School Grad
1.9 sq mi
ZIP Area
7,785
Density / Sq Mi
$87,806
Median Household Income
$53,711
Median Earnings
$2,245
Median Rent
$741,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated two-story property with a mix of one- and two-bedroom units in Bay Harbor Islands.
Where is this apartment building located?
The property is located at 1029 94th St Bay Harbor Islands, FL.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: 12‑unit apartment property on an 11,250 SF (0.26‑acre) lot; 8,230 SF of net rentable living space across two stories; Unit mix includes eleven 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit
