$3,499,000

1485 Bay Rd, Miami Beach FL 33139

Flex Space
Built in 1947
5,600 Square Feet lot
0 days on market

About this property

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.

Property Details

Exterior

  • Lot Features: Corner Unit
  • Waterfront: No

Interior

  • Building Area Total: 5600
  • Cooling Type: Central Building A/C
  • Flooring: Concrete
  • Stories: 2

Location

  • City: Miami Beach
  • County: Miami-Dade County
  • State: FL
  • Road Frontage (Length/Type): 50
  • Zoning: 3900

Construction

  • New Construction: No
  • Water Source: Other

Public Info

  • Lot Size: 5,600 Square Feet
  • Year Built: 1947
  • APN: 02-32-33-016-0190

Tax Information

  • Annual Tax Amount: $31,402

Price History

10/22/2025 Listed for Sale
Source: Miami REALTORS®
$3,499,000
10/22/2025 Listed for Sale
Source: Miami REALTORS®
$3,499,000

Walk Score

Walk Score
94
Walk Score®
Walker's Paradise
Transit Score
47
Transit Score®
Some Transit
Full Walk Score
Bike Score
77
Bike Score®
Very Bikeable
Kevin McCarthy
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor






    By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.






      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.