Listed by ONE SOTHEBY'S INTERNATIONAL REALTY
$3,499,000
1485 Bay Rd
Details
APN 02-32-33-016-0190
Property Type Industrial, Multifamily
Sub Type Flex, Apartment Building
Square Footage 5,600
Units 8
Cap Rate 40.00%
Class C
Year Built 1947
Buildings 1
Stories 2
Acreage 0.129
Zoning 3900
Exceptional redevelopment opportunity in a high-demand market, Premier location
Marketing 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 Contacts
Listed by ONE SOTHEBY'S INTERNATIONAL REALTY
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Zoning
RM-1 ResidentialMulti FamilyResidential Multifamily Low Intensity
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View all 29 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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