Price Reduced 11.67%

$2,650,000 ($446.20 per sqft)

Est. Mortgage $13,053/mo *

Quick Pre-Approval

Price History

$3,000,000
1/12/2026

$2,650,000
3/27/2026


632 15th St, Miami Beach, FL, 33139

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