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Eight-Unit Multifamily Corner Property

1485 Bay Rd Miami Beach, FL 33139

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

COMMERCIAL - Miami Beach, FL

Lot Size0.13 Acres
Days on Market270

Property Features for 1485 Bay Rd

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
02-32-33-016-0190
Lot size
0.13 Acres

Taxes and HOA fees

Tax 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
Tax Annual Amount
31402

Utilities

Cooling system
Central Air

Building Details

Year built
1947
Floors in Building
2
Flooring type
Concrete
Building materials
Block
Roof type
Built-Up
Listing Agency One Sotheby's International Re
119 Washington Ave Ste. 102, FL
Listed by Allan Kleer · License #0675979
Added: Oct 22, 2025 Checked: Jul 18 at 9:06 pm
MLS# A11899562

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale multifamily property is an eight-unit apartment building configured as a small residential income asset. The listing describes the building as well-maintained and positioned on a prime corner parcel, with redevelopment potential noted in the remarks.

The property is located at 1485 Bay Rd in Miami Beach, Florida. It sits on the corner of Bay Road and is directly across from Flamingo South Beach, placing it along a highly visible residential corridor.

For buyers seeking a compact multifamily footprint, this asset offers a straightforward eight-unit setup in an address with strong street-level prominence due to its Bay Road corner placement. The combination of an operating unit count and redevelopment potential may appeal to investors or owner-occupants evaluating options for holding or repositioning the property.

Key Highlights

  • 8‑unit multifamily building with redevelopment potential
  • Corner location on Bay Road, directly across from Flamingo South Beach
  • Construction materials: block

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 - For sale eight-unit multifamily building on a Bay Road corner in Miami Beach.
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: 8‑unit multifamily building with redevelopment potential; Corner location on Bay Road, directly across from Flamingo South Beach; Construction materials: block
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More about this property
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