# 1485 Bay Rd, Miami Beach, FL 33139 > **TL;DR:** commercial, $3,499,000, built 1947. > A/C. Est. $18,714/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $3,499,000 | | Year Built | 1947 | | Lot Size | 5,602 sqft (0.13 acres) | | Stories | 2 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $17,693 | | Estimated Insurance | $1,021 | | **Total** | **$18,714** | ## Key Amenities - A/C ## Property Highlights - Built in 1947 - 0.13 acre lot - 2 stories ## Description ### Agent 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. ## Location - **Address:** 1485 Bay Rd, Miami Beach, FL 33139 - **County:** Miami-Dade ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/mia/A11899562 ## Listing Agent - **Name:** Allan Kleer · **License:** 0675979 - **Brokerage:** One Sothebys International Realty - **Phone:** 3057988205 - **Broker Phone:** (305) 666-0562 ## Photos ![1485 Bay Rd - Photo 1](http://lh.rdcpix.com/b907d6bb0eeae5a2342f638012db194dl-f1153653374r.jpg) ![1485 Bay Rd - Photo 2](http://lh.rdcpix.com/b907d6bb0eeae5a2342f638012db194dl-f333029094r.jpg) ![1485 Bay Rd - Photo 3](http://lh.rdcpix.com/b907d6bb0eeae5a2342f638012db194dl-f1664364544r.jpg) ![1485 Bay Rd - Photo 4](http://lh.rdcpix.com/b907d6bb0eeae5a2342f638012db194dl-f2925106164r.jpg) ![1485 Bay Rd - Photo 5](http://lh.rdcpix.com/b907d6bb0eeae5a2342f638012db194dl-f632522906r.jpg) ![1485 Bay Rd - Photo 6](http://lh.rdcpix.com/b907d6bb0eeae5a2342f638012db194dl-f2306141964r.jpg) ![1485 Bay Rd - Photo 7](http://lh.rdcpix.com/b907d6bb0eeae5a2342f638012db194dl-f1273882912r.jpg) ![1485 Bay Rd - Photo 8](http://lh.rdcpix.com/b907d6bb0eeae5a2342f638012db194dl-f45944565r.jpg) ![1485 Bay Rd - Photo 9](http://lh.rdcpix.com/b907d6bb0eeae5a2342f638012db194dl-f1556325338r.jpg) ![1485 Bay Rd - Photo 10](http://lh.rdcpix.com/b907d6bb0eeae5a2342f638012db194dl-f2557352912r.jpg) ![1485 Bay Rd - Photo 11](http://lh.rdcpix.com/b907d6bb0eeae5a2342f638012db194dl-f1517594037r.jpg) --- **MLS#:** A11899562 | **Updated:** 2026-10-01 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/1485-bay-rd-miami-beach-fl-33139-11899562) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1485-bay-rd-miami-beach-fl-33139-11899562#listing", "url": "https://www.propertysimple.ai/listing/1485-bay-rd-miami-beach-fl-33139-11899562", "name": "1485 Bay Rd, Miami Beach, FL 33139", "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. 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