1485 Bay Rd Miami Beach, FL $ 3,499,000
1485 Bay Rd
$ 3,499,000
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1485 Bay Rd

Miami Beach, FL, 33139
$ 3,499,000
Bedrooms-- Baths-- Sq 5,600

Monthly Estimate*

$ 21,829

1485 Bay Rd, Miami Beach, FL 33139 - Image 1
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1485 Bay Rd, Miami Beach, FL 33139 - Image 10
1485 Bay Rd, Miami Beach, FL 33139 - Image 11
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Commercial Property for sale in Miami Beach, FL

for $3,499,000. This 5,600 square foot building was built in 1947 on a lot size of 0.1286.

Premier South Beach Multifamily Investment Opportunity. Prime Corner Location | 8 Total Units | Redevelopment Potential. Presenting a rare opportunity to acquire a well-maintained eight-unit multifamily building in one of South Beach's most coveted locations. Situated on the prime corner of Bay Road directly across from the iconic Flamingo South Beach, this property offers exceptional visibility and an enviable address in the heart of Miami Beach's most dynamic neighborhood. Nearby luxury residential includes the Monad Terrace condominiums and several others. This premier corner parcel benefits from maximum exposure on Bay Road, one of South Beach's most desirable residential corridors.

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Commercial Active

Price

$ 3,499,000

Property Type

Commercial

Taxes

$ 31,402

Style

Lot Size

0.1286

Year Built

1947

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11899562

Features
General
Cooling Central Air
Roof Built-Up
Security Features Smoke Detector(s)
Construction Materials Block
Year Built 1947
Stories Count 2
Levels Two
Property Subtype Commercial
Ownership Corporation
County Miami-Dade
Property Type Commercial Sale
Status Active
Directions Bay Road to 15th Street across from Flamingo South Beach
City Miami Beach
Disclosures Owner Is Listing Agent
Zoning Description 3900
MLS Area 32
Lot Size Units Square Feet
Lot Size Square Feet 5600
Listing Terms Cash
Tax Annual Amount 31402
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11899562
Structure Type Apartment
Standard Status Active
Occupancy Type Call Agent
Legal Description ALTON BEACH BAY FRONT RE-SUB PB 16-1 LOT 1 & W10FT OF LOT 2 BLK 79 A LOT SIZE 50.000 X 112 OR 16598-0165 1194 1
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Interior
Flooring Concrete
Air Conditioning Y/N true
Total Baths 0
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Exterior
Water Source Other
Lot Size Area 5600
Number of Buildings 1
Building Area Total 5600
Lot Dimensions 50
Lot Size Acres 0.1286
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
One Sotheby's International Re

Broker

akleer@onesothebysrealty.com

Email

Affordability Calculator

$24,446
Per Month
89%
11%
0%
Monthly Principal & Interest
$21,829
Monthly Property Taxes
$2,617
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/21/2025$3,499,000 Listed Price

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1485 Bay Rd, Miami Beach, FL, 33139 is a Commercial Property for sale at $3,499,000 with 5,600 sqft and a lot size of 0.1286. 1485 Bay Rd was built in 1947. The property's zip code is 33139 which is in Miami Beach, FL