632 15th St
Miami Beach, FL 33139
Active
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. Currently generating over $210,000+ in rent, opportunity to add value for even higher rents. Call today for more information.
Property Details
Essential
- StatusActive
- Days On Site147
- Days To Sale2026-01-12T00:00:00.000Z
- MLS#A11940926
- Property TypeResidential Income
- Property Sub TypeQuadruplex
- Number of Stories2.0
- Property Size5,939 sqft
- Lot SizeSquare Feet
- Tax Amount$32,992
- Tax Year2025
- HOANo
- Data SourceMiami Association of REALTORS®
- Latest Update06/06/2026
