Flex Space

1485 Bay Rd

Miami Beach, FL 33139

$3,499,000

Year built: 1947

Listing courtesy of Allan Kleer, One Sotheby's International Realty

About this home

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.

Details

Property

Type: Flex Space
Year built: 1947
Stories: 2
Lot size: 5,600 sq ft
County: Miami-Dade County
Flood zone: AE

Interior

Flooring: Concrete
Cooling: Central Building A/C

Exterior and parking

Construction: Concrete Block Construction
Roof: Built-Up

Community and fees

Security: Smoke Alarm
Annual taxes: $31,402
Terms: All Cash

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated July 28, 2026.