Miami Beach, FL 33139 632 15th St
$2,650,000



25 more

























Presented By: This listing is courtesy of Fortune International Realty
Home Details
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.
Presented By: This listing is courtesy of Fortune International Realty
Interior Features for 632 15th St
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringHardwood, Tile, Wood
Heating Y/NYes
Window FeaturesImpact Glass
General for 632 15th St
Architectural StyleFourplex
CityMiami Beach
Construction MaterialsBlock
CoolingCentral Air
CountyMiami-Dade
Full Baths2
HeatingElectric
Legal DescriptionLINCOLN SUB PB 9-69 LOT 4 BLK 73 LOT SIZE 60.000 X 100 OR 17978-1222 0198 1 COC 25716-0601 06 2007 5
LevelsTwo
Listing TermsCash, Conventional
Lot Size UnitsSquare Feet
MLS Area32
Number Of Units Total2
Occupancy TypeTenant
Pool FeaturesNone
PossessionClosing & Funding, Close Of Escrow
PostalCityMiami Beach
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent IncludesOther
RoofOther
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameLINCOLN SUB
Tax Annual Amount32992
Tax Year2025
UtilitiesCable Available
Virtual TourClick here
Year Built1930
Year Built DetailsResale
Zoning Description3900
Exterior for 632 15th St
Building Area Total5939
Covered Spaces
Lot Features< 1/4 Acre
Total Parking2
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Larry Castellano
Realtor®
SQFT • 5,939