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Active - Other for sale

1485 Bay Rd, Miami Beach FL 33139

Facts & features

Other Property type
388 days on Beycome
1947 Year built
5,602 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of One Sotheby's International Realty.

Listed by: Allan Kleer • 305-798-8205 • One Sotheby's International Realty

Co-listed by: One Sotheby's International Realty

Source: Miami MLS, MLS#: A11899562 Miami MLS logo

Based on info available as of Nov 12, 2026 at 7:10 PM EST.

Come see by yourself

Affordability

$2,275,000$4,725,000
1%20%
0%90%
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Estimated monthly payment

$20,310/mo

  • Mortgage$17,693
  • Property tax$2,617
  • HOA fee
  • Homeowners insurance
Due at closing$2,781,705
Down payment held in escrow$699,800
Closing costs$52,485
beycome credit Est.$69,980

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Miami Beach

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 12, 2026 at 07:10pm EST.

$3,499,000 Listed price

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$69,980 Credit back

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