Price Reduced 7.27%
Price History
$5,500,000
12/15/2025
$5,100,000
4/9/2026
1321 15th St, Miami Beach, FL, 33139
1951
Fourplex
76 sqft
a fully licensed 14-unit short-term rental property located in the highly coveted West Avenue district of Miami Beach. This turnkey hospitality asset offers an exceptionally rare opportunity to acquire a legally operating STR building within one of the most supply-restricted and tightly regulated jurisdictions in the United States. The property has been modernized and professionally operated, featuring fully furnished units with contemporary finishes, kitchenettes, and on-site amenities designed to support seamless guest turnover. Positioned just steps from Lincoln Road, Flamingo Park, Sunset Harbor, and the ocean, 1321 15th Street benefits from year-round tourism demand, strong ADRs, and a proven operational track record. With protected zoning, existing licensing, and a stabilized revenue base, this opportunity provides both immediate cash flow and long-term value in a market where legal STR inventory remains extremely limited.
Status:
Active
Type:
Multi-family
Zoning:
3900
Subdivision:
ALTON BEACH BAY FRONT RE-
Heating:
Central
Cooling:
Central Air
Parking:
2-car
Est. Taxes:
$71,585
Construction
Block
Utilities
Cable Available
Lot Description:
< 1/4 Acre
Days on Market:
115
Pool:
None
MLS #:
A11931154
Community Info
School Info
Walk Score
Yelp
Listing courtesy of COMPASS FLORIDA, LLC 305-851-2820