1321 15th St, Miami Beach, FL 33139
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: arthur porosoff305-209-8866
Office: compass florida, llc.
MLS#:A11931154
Source:SEFMLS
Price summary
- Price:$5,500,000
- Price per sq. ft.:$72,368.42
About this home
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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Home facts
- Year built:1951
- Listing ID #:A11931154
- Updated:March 31, 2026 at 11:31 PM
Rooms and interior
- Flooring:Hardwood, Wood
- Living area:76 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Concrete
- Year built:1951
- Building area:76 sq. ft.
- Architectural Style:Fourplex
- Construction Materials:Block
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,500,000
- Price per sq. ft.:$72,368.42
- Tax amount:$71,585 (2025)
Parking
- Total parking spaces:2
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