$2,650,000

Price reduced

632 15th St, Miami Beach FL 33139

5,939 sq ftBuilt 1930MLS# A11940926

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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.

Property details

Property type
Multi-family
Year built
1930
Living area
5,939 sq ft
Price per sq ft
$446
Property taxes
$32,992/yr
Parking
2 spaces
Floors in building
3
Building / community
Lincoln Sub
Status
Price reduced
MLS #
A11940926

Listing courtesy of Fortune International Realty.

Location

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