About This Home

This 0-bedroom, 0-bathroom commercial at 1485 Bay Rd in Miami Beach, FL is listed for $3,499,000. Built in 1947, on a 0.13 acres lot.

Key Features

  • Built in 1947
  • 0.13 acre lot
  • 2 stories

Property Details

2 stories
1947

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$18,713/mo

20% down · 6.5% · 30 years

Principal$2,531
Interest$15,162
Insurance$1,021

Estimates only. Actual payments may vary.

Location

1485 Bay Rd

Miami Beach, FL 33139

Property Details

Flooring

Concrete

Construction

Block

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1485 Bay Rd is listed at $3,499,000. The estimated monthly payment is $18,714 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1947, 0.13 acre lot, 2 stories.

This property is listed by Allan Kleer.

AK

Allan Kleer

License 0675979

Agent at One Sothebys International Realty

Listed by One Sothebys International Realty · Broker phone: (305) 666-0562 · Broker website

MLS# A11899562· Source: Miami REALTORS®· 6 days on PropertySimple

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.

1485 Bay Rd, Miami Beach, FL 33139

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