$2,650,000

632 15TH ST, MIAMI BEACH, FL 33139

0 baths5,939 sq ft2 to 4 unitsBuilt 1930
Updated today, November 3, 2026

This home against Miami Beach

$446 per sq ft, 36% under the Miami Beach median
296 days on the market
Price cut $350,000 since it was listed at $3,000,000
$32,992 in property taxes (2025)

Miami Beach today: 1,854 homes for sale, median list price $659,000.

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.

Zoned schools

Elementary: Miami Beach Fienberg/Fisher K-8 Center
Middle: Miami Beach Nautilus Middle School
High: Miami Beach Senior High School

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Polo Park, 0.9 mi
Beach: Miami Beach, 1.6 mi
Grocery: Publix, 1.1 mi

Distances from the center of MIAMI BEACH.

Listing courtesy of Fortune International Realty. MLS# A11940926.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed January 11, 2026.

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