Miami Beach, FL 33139,1485 Bay Rd
Miami Beach, FL 33139,1485 Bay Rd
Miami Beach, FL 33139,1485 Bay Rd
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$3,499,000
Est. payment /mo
5,600 SqFt

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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,600 sqft

Price per Sqft $624

MLS Listing ID A11899562

HOA Y/N No

Year Built 1947

Annual Tax Amount $31,402

Lot Size 5,601 Sqft

Acres 0.1286

Lot Dimensions 50

Property Sub-Type Commercial

Property 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

State FL

County Miami-dade

Area 32

Direction Bay Road to 15th Street, across from Flamingo South Beach

Interior

Cooling Central Air

Flooring Concrete

Exterior

Roof Type Built-Up

Private Pool Yes

Building

Story 2

Water Other

Level or Stories Two

Structure Type Block

Others

Tax ID 02-32-33-016-0190

Ownership Corporation

Security Features Smoke Detector(s)

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11899562


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by One Sotheby's International Re
Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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1485 Bay Rd