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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