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South Beach Residential Income Property

1485 Bay Rd Miami Beach, FL 33139

1485 Bay Rd, Miami Beach, FL, 33139
$3,499,000
For Sale
$3,499,000

Corner lot with redevelopment potential in a desirable location.

Lot Size0.13 Acres
Days on Market130

Property Features for 1485 Bay Rd

General Information

Standard status
Active
Lot size
0.13 Acres
Property subtype
Commercial
Listing Agency One Sothebys International Realty
Listed by Allan Kleer · License #0675979
Source Elliman
Added: Mar 11 Checked: Jul 17 at 4:13 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One Sothebys International Realty


Investment Insights

Based on property information with market context.

This corner parcel is located on Bay Road, a residential corridor in South Beach, directly across from the Flamingo South Beach. The property features eight residential units, providing income potential. The building is well-maintained with a strong operational history. The corner location maximizes light, views, and architectural possibilities. The property offers a redevelopment opportunity in a high-demand market. Next door developments include ultra-luxury townhomes and condos.

Key Highlights

  • Premier corner location on desirable Bay Road, directly across from Flamingo South Beach.
  • Eight residential units providing immediate income potential.
  • Exceptional redevelopment opportunity in a high‑demand South Beach market.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store Butcher Restaurant Nursing Home Adult Day Care Nursing Home Pet Grooming Service Plumbing Service Clothing & Fashion Store Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Corner lot with redevelopment potential in a desirable location.
Where is this apartment building located?
The property is located at 1485 Bay Rd Miami Beach, FL.
What is the asking price?
The asking price for this property is $3,499,000.
What are key features of this property?
This property features: Premier corner location on desirable Bay Road, directly across from Flamingo South Beach.; Eight residential units providing immediate income potential.; Exceptional redevelopment opportunity in a high‑demand South Beach market.
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