For sale
Photo 1 of 30$2,650,000
Price reduced632 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
Location
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