632 15th St, Miami Beach, FL 33139
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: jordan lederman, jeffrey amoretti
Office: fortune international realty305-400-6393
MLS#:A11940926
Source:SEFMLS
Price summary
- Price:$2,650,000
- Price per sq. ft.:$446.2
About this home
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.
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Home facts
- Year built:1930
- Subdivision & Development:LINCOLN SUB
- Listing ID #:A11940926
- Updated:September 29, 2026 at 10:07 AM
Rooms and interior
- Flooring:Hardwood, Tile, Wood
- Living area:5,939 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Year built:1930
- Building area:5,939 sq. ft.
- Architectural Style:Fourplex
- Construction Materials:Block
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,650,000
- Price per sq. ft.:$446.2
- Tax amount:$32,992 (2025)
Features and amenities
- Amenities:Impact Glass Windows
Parking
- Total parking spaces:2
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