Quadruplex in 632 15th Street, Miami Beach, FL 33139 for sale with MLS# A11940926
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.
632 15th Street, Miami Beach, FL 33139
- Price:
- $2,650,000.00
- Original List Price:
- $3,000,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $446.2
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- March 27, 2026 7:34 pm
- Living Area:
- 5,939 Sqft
- Built-Up Area:
- 5,939 Sqft
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Electric, Separate Meters
- Storm Protection Impact Glass:
- Complete
- Year Built:
- 1930
- Roof:
- Other
- Number of Units Total:
- 4
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Tile, Wood
- Number of stories:
- 2
- Structure Type:
- Multi Family
- Number of Units in the Community or Building:
- 4
- Property Condition:
- Resale, Updated/remodeled
- Tax Annual Amount:
- $32,992.00
- Tax Year:
- 2025
- Property Tax Details:
- Tax Reflects No Exemptions
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Subdivision Name:
- LINCOLN SUB
- Senior Community:
- No
- Development Name:
- LINCOLN SUB
- Documents Available:
- Rent Rolls, Deposit - Security, Other Available Information, Deposit Held, Deposit - Last Months Rent
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable, Close Of Escrow
- Tax Legal Description:
- LINCOLN 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
- Real Estate Folio Number (Parcel Number):
- 0232340021890
- Zoning:
- 3900
- Elementary School:
- Doby Elementary-hb
- High School:
- Miami Beach
- Active on the market since:
- January 12, 2026
- Listing Agreement executed on:
- January 12, 2026
- Price change occurred on:
- March 27, 2026 7:34 pm
- Listing Status Last Changed On:
- January 12, 2026 4:56 pm
- Photos updated on:
- September 10, 2026 8:27 pm
- Last Modified:
- September 10, 2026 8:27 pm
- Courtesy of:
- Fortune International Realty
- Attribution:
- Not provided
- Street Name:
- 15th
- Street Number:
- 632
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 47' 14.1''
- Longitude:
- W81° 51' 54.2''
- Street Suffix:
- Street

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Neighborhood Stats
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