632 15th Street, Miami Beach, FL 33139

Listing Snapshot

Price

$2,650,000

Days on Site

140 Days

Bedrooms

0

Total Baths

0

Living Area

5,939 sqft

Total Sq Ft

5,939 sqft

Year Built

1930

Property Type

Multi-Family

MLS #

A11940926

Property Tax

$32,992 (2025)

Subdivision

LINCOLN SUB

County

Miami Dade

Status

Active

About This Property

THE ELIZABETH - PRIME SOUTH BEACH MULTIFAMILY | HIGH-RENT ASSET IN A+ LOCATION. Rare opportunity to acquire a 8-unit multifamily in the heart of South Beach, just steps from Lincoln Road, Flamingo Park, Española Way, and the beach—one of Miami Beach’s strongest rental corridors. 8 updated 1-beds/1-baths, every unit features CENTRAL A/C and IN-UNIT WASHER & DRYER, a rare combination that directly supports above-market rents, low vacancy, and strong tenant demand. 100% Leased. Additional features include impact windows, gated access, and private outdoor space. Fully 40-year recertified and zoned RM-1, this asset offers immediate cash flow with long-term upside in a supply-constrained, lifestyle-driven submarket. Currently generating over $210,000+ in rent, opportunity to add value for even higher rents. Call today for more information.

General Features

Property Type

Multi-Family

Status

Active

Year Built

1930

Property Condition

Resale / Updated Remodeled

Number of Stories

2

Living Sq Ft

5,939

Total Sq Ft

5,939

Structure Type

Multi Family

Sewer

Public Sewer

Zoning

3900

Interior Features

Cooling

Central Air

Heating

Electric / Separate Meters

Flooring

Tile / Wood

Exterior Features

Construction

Block

Roof

Other

Community & HOA

Utilities

Cable Available

Financing Terms

Cash / Conventional

MLS Area

2320

Schools

Elementary School

Miami Beach Fienberg / Fisher K-8

High School

Miami Beach