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1029 94th St, Bay Harbor Islands FL 33154

Comercial En Venta
$6,250,000

BTC: 96.56983931

ETH: 3,284.90938906

11 días
0 room(s)

Visión general

Harbor Lofts, located at 1029 94th Street, is a 12-unit multifamily investment opportunity ideally situated in Bay Harbor Islands, one of Miami-Dade County’s most supply-constrained submarkets. Constructed in 1951 and substantially renovated, inside and out in recent years, the property is situated on an 11,250 SF (0.26-acre) lot and comprises 8,230 SF of net rentable living space across two stories. The unit mix consists of eleven (11) one-bedroom/one-bathroom units averaging approximately 680 SF, currently achieving average in-place rents of $2,091 per month, and one (1) two-bedroom/one-bathroom unit averaging approximately 750 SF, currently achieving $2,300 per month. Monthly rent at the property is inclusive of water and trash, with tenants responsible for their own gas and electricity. The property is zoned RM-2 under the Town of Bay Harbor Islands zoning code, which permits multifamily density of up to 34 dwelling units per acre as of right and up to 60 units per acre with bonuses. The existing rent roll positions the asset for a durable cash-flowing hold, while preserving long-term optionality for an investor to pursue increased density through the appropriate entitlement processes.

Ubicación

Detalles

Tipo:
Commercial Sale
Estacionamiento:
Common
Año de construcción:
1951
Lote:
11250 Pies Cuadrados
Calefacción:
Central Individual A/C
precio por sq. medidor:
Sin datos
Enfriamiento:
Central Individual A/C
HOA:
Sin datos

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,900,000
$2.1M – $5.7M
Confidence Low
List vs. estimate
$1.4M above estimate
List $6,250,000 · +27.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $824K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
Más hechos y características
  • Calefacción

    • Central Individual A/C

    Enfriamiento

    • Central Individual A/C

  • Estacionamiento

    • Common

    Lote

    • Lote: 11250 Pies Cuadrados

    Otra Información de Propiedad

    • Número de Parcela: 13-22-27-001-2630

    • Zonificación: 4500

  • Tipo y estilo

    • Tipo de propiedad: Commercial Sale

    • Subtipo de propiedad: Income/MultiFamily

  • Detalles de la fuente

    • MLS ID: A12065320

    Otros hechos

    • Características del lote: Location In A Flood Zone

    • Características de la ventana: Complete Impact Glass

Consulta privada
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: MSP Group, LLC