8-Unit Apartment
For Sale
$3,499,000
1485 Bay Rd, Miami Beach, FL 33139
Commercial Sale, Miami Beach, FL
Property SizeContact for details
Lot Size0.13 Acres
Days on Market67
Property Features for 1485 Bay Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
3900
Directions
Bay Road to 15th Street, across from Flamingo South Beach
Subdivision
32
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
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
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 Realty
(305) 538-9711
Listed By:
Allan Kleer · License #0675979
(305) 798-8205
Added: Jun 30
Changed: Sep 2
Last Checked: Sep 4 at 2:06AM
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 8-unit apartment building at 1485 Bay Rd in Miami Beach was constructed in 1947. The property features block construction, concrete flooring, central air, and a built-up roof on a 0.1286-acre parcel.
The building occupies a corner position along Bay Road in South Beach, directly across from Flamingo South Beach. Monad Terrace condominiums and other luxury residential properties are nearby, placing the asset within an established Miami Beach residential setting.
The building occupies a corner position along Bay Road in South Beach, directly across from Flamingo South Beach. Monad Terrace condominiums and other luxury residential properties are nearby, placing the asset within an established Miami Beach residential setting.
Key Highlights
- 8‑unit apartment building on a 0.1286‑acre parcel
- Corner location at 1485 Bay Rd in Miami Beach
- Directly across from Flamingo South Beach
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
7,980
Businesses Nearby
Explore this area
Business Placement
Demographics for 33139, FL
36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Block-built multifamily property with central air and concrete flooring.
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 apartment building on a 0.1286‑acre parcel; Corner location at 1485 Bay Rd in Miami Beach; Directly across from Flamingo South Beach
