Mixed use property in 1485 Bay Road, Miami Beach, FL 33139 for sale with MLS# A11899562

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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Days on the market

1485 Bay Road, Miami Beach, FL 33139

Price
Price:
$3,499,000.00
Original List Price:
$3,499,000.00
List Price per Sq Ft (Calculated, Approx.):
$624.82
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Mixed Use
Description of Last Important Update:
New Listing
Last Major Update on:
October 21, 2025 9:26 pm
Measures
Built-Up Area:
5,600 Sqft
Lot Size Acres:
0.1286
Property Features
Security:
Fire Alarm
Air Conditioning
Air Conditioning System:
Central Building
Construction
Year Built:
1947
Roof:
Built-up
Number of Buildings:
1
Construction Materials:
Block
Flooring:
Concrete
Structure Type:
Flex
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$31,402.00
Utilities
Water Source:
Other
Community
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash
Zoning and Legal
Tax 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
Real Estate Folio Number (Parcel Number):
0232330160190
Zoning:
3900
Listing History
Active on the market since:
October 21, 2025
Listing Agreement executed on:
October 21, 2025
Listing Status Last Changed On:
October 21, 2025 9:26 pm
Photos updated on:
July 28, 2026 6:14 pm
Last Modified:
July 28, 2026 6:14 pm
Additional Information
Courtesy of:
One Sotheby's International Realty
Attribution:
Not provided
Location
Street Name:
Bay
Street Number:
1485
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 47' 13.3''
Longitude:
W81° 51' 24''
Street Suffix:
Road
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 45 Good
☀️ O3 35 Good
🫁 PM2.5 45 Good
Ver la Propiedad Ver la propiedad 1485 Bay Road, Miami Beach, FL 33139
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.