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Property Description

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. Opportunity to add value for even higher rents. Call today for more information.

Features
2
Address Map
FL
Miami-Dade County
Miami Beach
33139
632 15th St
LINCOLN SUB
W81° 51' 54.2''
N25° 47' 14.3''
LINCOLN SUB
MLS Addon
All Cash, Conventional
1
8
Substantially Remodeled
Other Rent Incl
2
Quadruplex, Fourplex
$32,992
2025
Click Here
3900
2
12/01/2026 16:53:56

632 15th St, Miami Beach, Florida 33139

$3,000,000
5,939 size sq.ft.
Listing ID #A11940926
Basic Details
Property Type Residential Income
Listing Type For Sale
Listing ID A11940926
Price $3,000,000
Square Footage 5,939 Sqft
Year Built 1930
Days on Market 64
Building Area 5,939 Sqft
Status Active
Property SubType Quadruplex
On Market Date 12/01/2026
Elena Beck
MiamiInvestrealty
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