Price Reduced 11.67%
Price History
$3,000,000
1/12/2026
$2,650,000
3/27/2026
632 15th St, Miami Beach, FL, 33139
1930
Fourplex
5,939 sqft
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.
Status:
Active
Type:
Multi-family
Zoning:
3900
Subdivision:
LINCOLN SUB
Heating:
Electric
Cooling:
Central Air
Parking:
2-car
Est. Taxes:
$32,992
Construction
Block
Utilities
Cable Available
Lot Description:
< 1/4 Acre
Days on Market:
74
Pool:
None
MLS #:
A11940926
Community Info
School Info
Walk Score
Yelp
Listing courtesy of FORTUNE INTERNATIONAL REALTY 305-400-6393