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Pinnacle Real Estate Group – FL

1029 94th Street, Bay Harbor Islands, FL 33154 (MLS# A12065320)

1029 94th Street, Bay Harbor Islands, FL 33154

$6,250,000
Property Type: Commercial Sale Square Footage: 8,230 Status: Active
Current Price: $6,250,000 List Date: 7/21/2026 Last Modified: 8/05/2026

Overview

Description

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 bonuse ...

Listing Details MLS# A12065320

General Property Information

Number Of Buildings
Yes
Property Sub Type
Multi Family
Number Of Units Total
2
Occupant Type
Call Listing Agent
Building Area Main
8230
Year Built
1951
Lot Size Area
11250
Lot Size Acres
0.26
Stories Total
2

Property Features

Common Area Maintenance Includes: Water Documents Available: Aerial Photo(s) Heating: Central Individual Location of Property: Location In A Flood Zone Parking Features: Common Possession: Close Of Escrow Sale Includes: Building; Land Tenant Pays: Electricity; Exterior Electric; Interior Electric Cooling: Central Individual

Contract Information

Comp Sale YN
No
Original List Price
6250000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1029
Street Name
94th
Street Suffix
Street
City Name
Bay Harbor Islands
Municipal Code
13
State Or Province
FL
Postal Code
33154
Postal Code +4
2380
Area
2220
Parcel Number
1322270012630
Subdivision Number
Yes
Zoning
4500
Flood Zone
AE

Financial Information

Tax Legal Description
BAY HARBOR ISLAND PB 46-5 LOT 16 BLK 13 LOT SIZE 75.000 X 150 OR 15329-7539 1291 1

Status Change Information

Major Change Timestamp
2026-07-21T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-08-04

More Information

Description of Unit Type 1

Unit Type
1 Bedroom
Units Total
11
Furnished
No

Description of Unit Type 2

Unit Type
2 Bedroom
Units Total
Yes
Furnished
No

Price Calculations

Current Price To SqFt
759.41

Section Details

Parcel Number MLX
2630

Originating Details

Originating System Key
540615882
Originating System ID
M00000151
IDX
Listing Office: MSP Group, LLC
Last Updated: August - 05 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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