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$3,499,000
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Property Description
***Premier Location **This premier corner parcel benefits from maximum exposure on Bay Road, one of South Beach's most desirable residential corridors. DIRECTLY across from the Flamingo South Beach. Versatile Investment Profile: Eight residential units providing immediate income potential, well-maintained building with strong operational history, Exceptional redevelopment opportunity in a high-demand market, Corner location maximizes light, views, and architectural possibilities. Next door Developments include ultra-luxury Townhomes & Condos in the heart of South Beach.
Full Property Details
Full Property Details for 1485 Bay Rd
General
- Price: $3,499,000
- Taxes: $31,402 (2024)
- Status: Active
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A11899381
- Updated: 6/10/2026
- Added to Site: 337 day(s) ago
Location
- Area: Alton Beach Bay Front Re-
- County: Miami-Dade County
- Subdivision: ALTON BEACH BAY FRONT RE-
- Building Name: ALTON BEACH BAY FRONT RE-
- Driving Directions: From Alton Rd, turn west on 16th St, then right on Bay Rd. Property is on the left at 1485 Bay Rd
Community
- Community Name: Alton Beach Bay Front Re-
Utilities
- Sewer: Other
- Water: Municipal Water
- Utility Description: Natural Gas Connected, Natural Gas Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Other Usage, Other Style
- Other Struct. Feat.: Sidewalk, Street Lights
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,600
- Lot Dimensions: 50 x 112
- Lot Features: Corner Lot, Urban Area Development, 1-2.5 Acres
- Potential Use: Urban Commercial
- Zoning: 3900
Financial Considerations
- Tax Amount: $31,402
- Tax Year: 2024
- Terms: All Cash
Disclosures and Reports
- Legal Description: 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
- Property ID: 02-32-33-016-0190
Listed by One Sotheby's International Realty
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Schools
Schools serving 1485 Bay Rd
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Fienberg/Fisher K-8 Center 1420 Washington Avenue, Miami Beach, FL 33139 | PK-5 | 0.7 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1485 Bay Rd
Date
Details
Price
Change
Source
10/21/2025
Listed
$3,499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1485 Bay Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$33,673
7%
$1,764,581
-2%
2024
$31,402
5%
$1,794,615
—
2023
$29,810
26%
$1,794,615
42%
2021
$23,700
-7%
$1,266,440
-10%
2022
$25,435
7%
$1,405,444
15%
2021
$23,700
14%
$1,217,900
22%
2019
$20,827
1%
$996,062
10%
2018
$20,581
3%
$905,511
-37%
2017
$19,944
2%
$1,433,364
92%
2016
$19,482
27%
$748,357
10%
2015
$15,369
22%
$680,325
10%
2014
$12,566
-22%
$618,478
-21%
2013
$16,112
—
$780,630
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1485 Bay Rd
1485 Bay Rd, Miami Beach, FL 33139 (MLS# A11899381) is a Commercial Land property with a lot size of 0.13 acres. 1485 Bay Rd is currently listed for $3,499,000 and was received on October 21, 2025. Want to learn more about 1485 Bay Rd? Do you have questions about finding other Commercial Land real estate for sale in South Pointe? You can browse all South Pointe real estate or contact a Coldwell Banker agent to request more information.

