Quadruplex in 1321 15th St Miami Beach for sale with MLS# A11931154

a fully licensed 14-unit short-term rental property located in the highly coveted West Avenue district of Miami Beach. This turnkey hospitality asset offers an exceptionally rare opportunity to acquire a legally operating STR building within one of the most supply-restricted and tightly regulated jurisdictions in the United States. The property has been modernized and professionally operated, featuring fully furnished units with contemporary finishes, kitchenettes, and on-site amenities designed to support seamless guest turnover. Positioned just steps from Lincoln Road, Flamingo Park, Sunset Harbor, and the ocean, 1321 15th Street benefits from year-round tourism demand, strong ADRs, and a proven operational track record. With protected zoning, existing licensing, and a stabilized revenue base, this opportunity provides both immediate cash flow and long-term value in a market where legal STR inventory remains extremely limited.

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Days on the market

1321 15th St, Miami Beach, FL 33139

Price
Price:
$5,100,000.00
Previous Asking Price:
$5,500,000.00
Original List Price:
$5,500,000.00
Lease Details
Rent Includes:
Sewer, Trash Collection, Water
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
MLS Number:
A11931154
Description of Last Important Update:
Price Change
Last Major Update on:
April 9, 2026 11:44 am
Measures
Living Area:
76 Sqft
Built-Up Area:
76 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Less Than Quarter Acre
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Construction
Year Built:
1951
Year Built Details:
Resale
Roof:
Concrete
Architectural Style:
Fourplex
Levels:
Two
Construction Materials:
Block
Flooring:
Wood, Hardwood
Stories:
2
Taxes and Expenses
Tax Annual Amount:
$71,585.00
Tax Year:
2025
Property Tax Status:
Tax Reflects City & County Tax
Parking
Parking Total Spaces:
2
Covered Spaces:
0
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
ALTON BEACH BAY FRONT RE-
Senior Community:
No
Terms
Documents Available:
Financials
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Tenant
Buyer Possession:
Negotiable, Close Of Escrow
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
JACQUELINE CONDO UNIT CU UNDIV 0.9591116% INT IN COMMON ELEMENTS OFF REC 30221-317
Real Estate Folio Number (Parcel Number):
02-32-33-088-0150
Zoning Description:
3900
Listing History
Originally published on:
December 15, 2025 5:31 pm
Active on the market since:
December 15, 2025
Price change occurred on:
April 9, 2026 11:44 am
Listing Status Last Changed On:
December 15, 2025 5:31 pm
Photos updated on:
December 15, 2025 10:55 pm
Last Modified:
April 9, 2026 3:44 pm
Additional Information
Flood Zone:
AE
Type of Association:
None
Style:
Fourplex
Municipal Code:
2
Subdivision Number:
88
Courtesy of:
Compass Florida, LLC
Attribution:
305-209-8866
Location
Street Name:
15th St
Street Number:
1321
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 47' 15.4''
Longitude:
W81° 51' 25.6''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.