$2,650,000
632 15th Street
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $2,650,000
- Price per sq ft
- $446
- Original price
- $3,000,000
- Days on market
- 254
This multi-family property in Lincoln Sub is listed at $2,650,000, or $446 per square foot. The asking price has come down 11.7% from its original $3,000,000. It has been on the market for 254 days.
Estimated monthly payment
$13,927 /mo
Principal and interest only, based on $530,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $2,650,000
- Days on Site
- 254 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
- Development
- 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.
MLS media linkGeneral 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
About the Community
Lincoln Sub is an age-restricted 55+ community in Miami Beach, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $399,900 to $1,600,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Lincoln Sub and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 8
- Under Contract
- 3
- Median List Price
- $267,000
- Median $/Sq Ft
- $520
- Avg Days on Market
- 211
Frequently Asked Questions
- How do I schedule a tour of 632 15th Street, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 632 15th Street, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 632 15th Street, Miami Beach, FL 33139 still available?
- 632 15th Street, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 254 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 632 15th Street, Miami Beach, FL 33139?
- With 20% down ($530,000) on the $2,650,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 632 15th Street, Miami Beach, FL 33139 is about $13,927/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 632 15th Street, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 632 15th Street, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 632 15th Street, Miami Beach, FL 33139?
- 632 15th Street, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 632 15th Street, Miami Beach, FL 33139?
- Often, yes. The right offer on 632 15th Street, Miami Beach, FL 33139 depends on how it's priced against comparable multi-family sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Fortune International Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$2,650,000
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Listed by Jordan Lederman, Fortune International Realty
Map & Location
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Recent Sales
Recently sold homes in Lincoln Sub
These are the last 6 recorded closings in Lincoln Sub, with the price each home actually sold for rather than what it was listed at. They closed at a median of $548 per square foot. The most recent closed on September 28, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$230,000
Sold · September 28, 2026
1560 Meridian Avenue 206
1 bed · 1 bath · 436 sqft · $528/sqft
$5,000 under the asking price
Sold$280,000
Sold · June 26, 2026
1610 Euclid Avenue A105
1 bed · 1 bath · 511 sqft · $548/sqft
$15,000 under the asking price
Sold$240,000
Sold · June 23, 2026
1610 Euclid Avenue A109
1 bed · 1 bath · 511 sqft · $470/sqft
$43,999 under the asking price
Sold$295,000
Sold · May 29, 2026
1610 Euclid Avenue A107
1 bed · 1 bath · 511 sqft · $577/sqft
Sold$2,000,000
Sold · February 27, 2026
1534 Euclid Avenue
0 bed · 0 bath · 3,990 sqft · $501/sqft
$500,000 under the asking price
Sold$320,000
Sold · November 5, 2025
1610 Euclid Avenue A111
1 bed · 1 bath · 528 sqft · $606/sqft
$25,000 under the asking price
See every recorded sale in Lincoln Sub or find out what your Lincoln Sub home is worth.
