$6,250,000
1029 94th Street
Explore the area: Bay Harbor Islands homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $6,250,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 71
This commercial property in ZIP 33154 is listed at $6,250,000. It has been on the market for 71 days.
Estimated monthly payment
$32,846 /mo
Principal and interest only, based on $1,250,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $6,250,000
- Days on Site
- 71 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 8,230 sqft
- Lot Size
- 0.26 Acres
- Year Built
- 1951
- Property Type
- Commercial
- MLS #
- A12065320
- County
- Miami Dade
- Status
- Active
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1951
- Number of Stories
- 2
- Parking
- Common
- Lot Size (Acres)
- 0.26
- Total Sq Ft
- 8,230
- Zoning
- 4500
Interior Features
- Cooling
- Central Air
- Heating
- Central / Individual
Exterior Features
- Lot Features
- Flood Zone
Community & HOA
- MLS Area
- 2220
About the Area
Browse Bay Harbor Islands homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Bay Harbor Islands includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Bay Harbor Islands listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 177
- Under Contract
- 36
- Median List Price
- $1,272,500
- Median Sale Price (September)
- $775,000
- Median $/Sq Ft
- $905
- Avg Days on Market
- 168
Frequently Asked Questions
- How do I schedule a tour of 1029 94th Street, Bay Harbor Islands, FL 33154?
- Use the Tour button on this listing to request a showing of 1029 94th Street, Bay Harbor Islands, FL 33154. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1029 94th Street, Bay Harbor Islands, FL 33154 still available?
- 1029 94th Street, Bay Harbor Islands, FL 33154 is currently listed as Active, and has been on the market 71 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1029 94th Street, Bay Harbor Islands, FL 33154?
- With 20% down ($1,250,000) on the $6,250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1029 94th Street, Bay Harbor Islands, FL 33154 is about $32,846/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1029 94th Street, Bay Harbor Islands, FL 33154?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1029 94th Street, Bay Harbor Islands, FL 33154. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 1029 94th Street, Bay Harbor Islands, FL 33154?
- Often, yes. The right offer on 1029 94th Street, Bay Harbor Islands, FL 33154 depends on how it's priced against comparable commercial sales in Bay Harbor Islands, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of MSP Group, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 7, 2026.
$6,250,000
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Listed by Demosthenes George Mekras, MSP Group, LLC
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Recent Sales
Recently sold homes in ZIP 33154
These are the last 6 recorded closings in ZIP 33154, with the price each home actually sold for rather than what it was listed at. They closed at a median of $733 per square foot. The most recent closed on October 14, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,509,000
Sold · October 14, 2026
10205 Collins Avenue 206
3 bed · 2.5 bath · 2,060 sqft · $733/sqft
$10,000 over the asking price
Sold$590,000
Sold · October 13, 2026
1120 98th Street 301
2 bed · 2 bath · 1,175 sqft · $502/sqft
$5,000 over the asking price
Sold$405,000
Sold · October 9, 2026
9225 Collins Avenue 1003
1 bed · 2 bath · 918 sqft · $441/sqft
Sold$5,000,000
Sold · October 2, 2026
1135 103rd Street 701
3 bed · 3.5 bath · 3,174 sqft · $1,575/sqft
$200,000 under the asking price
Sold$299,000
Sold · October 2, 2026
10074 E Bay Harbor Drive 74A
1 bed · 1 bath · 480 sqft · $623/sqft
Sold$2,310,000
Sold · October 1, 2026
10275 Collins Avenue 1110
2 bed · 2.5 bath · 1,407 sqft · $1,642/sqft
$240,000 under the asking price
See every recorded sale in ZIP 33154 or find out what your ZIP 33154 home is worth.