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Pinnacle Real Estate Group – FL

1485 Bay Road, Miami Beach, FL 33139 (MLS# A11899562)

1485 Bay Road, Miami Beach, FL 33139

$3,499,000
Property Type: Commercial Sale Square Footage: 5,600 Status: Active
Current Price: $3,499,000 List Date: 10/21/2025 Last Modified: 7/28/2026

Overview

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.

Listing Details MLS# A11899562

General Property Information

Number Of Buildings
Yes
Property Sub Type
Mixed Use
Occupant Type
Call Listing Agent
Building Area Main
5600
Year Built
1947
Lot Size Area
5600
Lot Size Acres
0.13

Property Features

Flooring: Concrete Location of Property: Corner Unit Sale Includes: Building; Land Construction Materials: Block Cooling: Central Building Listing Terms: Cash Roof: Built-Up Security Features: Fire Alarm Structure Type: Flex Water Source: Other Showing Requirements: 24 Hour Notice; Call Listing Agent Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
3499000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1485
Street Name
Bay
Street Suffix
Road
City Name
Miami Beach
State Or Province
FL
Postal Code
33139
Postal Code +4
3761
Area
2320
Parcel Number
0232330160190
Subdivision Number
16
Zoning
3900
Flood Zone
AE
Directions
Bay Road to 15th Street, across from Flamingo South Beach

Financial Information

Tax Annual Amount
31402
Tax 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

Status Change Information

Major Change Timestamp
2025-10-21T21:26:38Z
Major Change Type
New Listing
Status Change Date
2025-10-21

More Information

Building and Property Details

Improvement Height
2 Stories

Price Calculations

Current Price To SqFt
624.82

Section Details

Parcel Number MLX
0190

Originating Details

Originating System Key
422107298
Originating System ID
M00000151
IDX
Listing Office: One Sotheby's International Realty
Source MLS Verified
Last Updated: July - 28 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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