1485 Bay Road, Miami Beach, FL 33139
$3,499,000 · $625 per sq ft · Mixed-Use for sale
- Property type: Mixed Use
- Asking price: $3,499,000
- Price per sq ft: $625
- Building size: 5,600 sq ft
- Lot size: 5,602 sq ft
- Zoning: 3900
- Year built: 1947
- Buildings: 1
- Parcel ID: 0232330160190
- MLS#: A11899562
About this property
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.
Building Features and Utilities
- Block
Operating Statement
| Property taxes | $31,402/yr |
|---|
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
About the Business at 1485 Bay Road
- Included: Building, Land
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
One Sotheby's International Realty · MLS@onesothebysrealty.com · Listing agent: Allan Kleer
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively 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 accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 1485 Bay Road or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 1485 Bay Road
- How much is 1485 Bay Road?
- 1485 Bay Road is listed at $3,499,000, about $625 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is 1485 Bay Road zoned?
- The listing reports zoning of 3900. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 1485 Bay Road?
- The listing reports 5,600 square feet of building.
- When was 1485 Bay Road built?
- 1485 Bay Road was built in 1947. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 1485 Bay Road?
- The listing reports annual property taxes of $31,402. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 1485 Bay Road?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
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