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.

Address

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Address: Bay
City: Miami Beach
State/county: Miami-Dade
Zip/Postal Code: 33139
Area: Miami Beach

Details

Updated on July 28, 2026 at 8:51 pm

Property ID A11899562
Price $3,499,000
Land Area 0.13 Sq Ft
Year Built 1947
Type Mixed Use
Property Status Commercial Sale

Additional details

BuildingAreaTotal 5600
CLIP 1045923721
ConstructionMaterials Block
ContractStatusChangeDate 2025-10-21
Cooling Central Air
CumulativeDaysOnMarket 280
CurrentPrice 3499000
DaysOnMarket 280
DaysOnMarketReplication 280
DaysOnMarketReplicationDate 2026-07-28
DaysOnMarketReplicationIncreasingYN 1
Directions Bay Road to 15th Street, across from Flamingo South Beach
Disclosures Owner Is Listing Agent
DocumentsCount 0
Flooring Concrete
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR Miami REALTORS
ListAgentAOR Miami Association of REALTORS
ListAgentDirectPhone 305-798-8205
ListAgentEmail akleer@onesothebysrealty.com
ListAgentFirstName Allan
ListAgentFullName Allan Kleer
ListAgentKey 26750200
ListAgentKeyNumeric 26750200
ListAgentLastName Kleer
ListAgentMlsId SEF0675979
ListAgentNationalAssociationId 279516880
ListAgentOfficePhone 305-538-9711
ListAgentPreferredPhone 305-798-8205
ListAgentStateLicense 0675979
ListOfficeAOR Miami Association of REALTORS
ListOfficeEmail MLS@onesothebysrealty.com
ListOfficeKey 5903860
ListOfficeKeyNumeric 5903860
ListOfficeMlsId SEFOSIR03
ListOfficeName One Sotheby's International Realty
ListOfficePhone 305-538-9711
ListingAgreement Exclusive Right To Sell
ListingContractDate 2025-10-21
ListingKey 1144285189
ListingKeyNumeric 1144285189
ListingTerms Cash
LotFeatures Corner Lot, < 1/4 Acre
LotSizeArea 5600
MLSAreaMajor 2320
MajorChangeTimestamp October 21, 2025 at 05:26pm
MajorChangeType New Listing
MapCoordinateSource Imported
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp July 28, 2026 at 06:21pm
NumberOfBuildings 1
OccupantType Call Agent
OnMarketDate 2025-10-21
OnMarketTimestamp 2025-10-21T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-07-28T14:19:04.773-00:00
OriginalEntryTimestamp October 21, 2025 at 06:22pm
OriginalListPrice 3499000
OriginatingSystemID M00000151
OriginatingSystemKey 367893570
OriginatingSystemListAgentMemberKey 1219925
OriginatingSystemListOfficeKey 1251683
OriginatingSystemModificationTimestamp 2026-07-28T14:19:04.773-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_MIAMI
OwnershipType Corporation
ParcelNumber 0232330160190
Permission IDX
PhotosChangeTimestamp July 28, 2026 at 06:21pm
PhotosCount 22
PostalCity Miami Beach
PostalCode 33139
PostalCodePlus4 3761
PropertySubTypeAdditional Mixed Use
Roof Built-Up
SecurityFeatures Fire Alarm
SourceSystemID TRESTLE
SourceSystemKey 1144285189
SourceSystemName flexmls
StateOrProvince FL
StatusChangeTimestamp October 21, 2025 at 05:26pm
StreetName Bay
StreetNumber 1485
StreetNumberNumeric 1485
StreetSuffix Road
StructureType Flex
TaxAnnualAmount 31402
TaxLegalDescription ALTON BEACH BAY FRONT RE-SUB PB 16-1 LOT 1 & W10FT OF LOT 2 BLK 79 A LOT SIZE 50.000 X 112 OR 16598-0165 1194 1
UniversalPropertyId US-12025-N-0232330160190-R-N
VideosChangeTimestamp 2026-07-28T18:21:55.880-00:00
VideosCount 0
WaterSource Other
Zoning 3900