Virtual TourMap

For SaleQuadruplexActive

632 15th St

Miami Beach, FL 33139

$2,650,000

304 Days On Site

  • 5,939Sq Ft
  • $446Per Sq Ft
  • 1930Built
Subdivision
Lincoln Sub
County
Miami-Dade
MLS®
A11940926

Overview

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.

Listing Snapshot

Price
$2,650,000
Days On Site
304 Days
Bedrooms
N/A
Inside Area (SqFt)
5,939 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
0
Lot Size
N/A
Year Built
1930
MLS® Number
A11940926
Status
Active
Property Tax
$32,992 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

Property Details

General Features

8 items
Levels
Two
Parking Spaces
2
Property Sub Type
Quadruplex
Sewer
Public Sewer
SqFt Total
5,939
Style
Fourplex
Utilities
Cable Available
Zoning
3900

Interior Features

3 items
Cooling
Central Air
Flooring
Hardwood, Tile, Wood
Heating
Electric

Exterior Features

3 items
Construction Details
Block
Pool Features
None
Roof
Other

Community Features

2 items
MLS Area
32
Financing Terms Available
Cash, Conventional

Location

632 15th St, Miami Beach, FL 33139 · 32

Neighborhood & Commute

ZIP Code 33139

Median household income
$66,560
Income per person
$61,354
Households
22,066
Average household size
1.74
Median age
44.9

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Price changed to $2,650,000
  3. Listing first seen on site
  4. Status changed to Active

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Listing courtesy of Fortune International Realty (248) 701-5200

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-12 02:13 PM EST

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