$2,650,000
 $14,226 est/mo Sourced by Back At You

632 15th Street,Miami Beach, FL 33139

Miami Beach, FL 33139

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Description

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.

Details

MLS #A11940926
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1930
Days On Site259
Listing Provided ByFortune International Realty | Jordan Lederman

Features

SQ Feet5,939
Story(s)2
Units4
Zoning3900

Taxes

Tax Annual Amount32992

Area Information

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2320
Community NameLINCOLN SUB
Listing VS Median (in LINCOLN SUB)
Price:
$2,650,000
low | high
Med:
$3,000
100% of Average
sqft:
5,939
low | high
Med:
650
100% of Average
$ / sqft:
$446
low | high
Med:
$5
100% of Average
On site:
259
low | high
Med:
112
100% of Average
Sourced by Back At You

Market Activity 33139

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2320
Community NameLINCOLN SUB
Listing VS Median (in LINCOLN SUB)
Price:
$2,650,000
low | high
Med:
$3,000
100% of Average
sqft:
5,939
low | high
Med:
650
100% of Average
$ / sqft:
$446
low | high
Med:
$5
100% of Average
On site:
259
low | high
Med:
112
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.987M - $3.312M
sqft: 4,000 - 7,000
Listing Updated: September 14, 2026 at 3:32:05 AM PDT