632 15th St, Miami Beach FL 33139 | Miami-Dade County | A11940926

632 15th St, Miami Beach FL 33139

Residential Income Active

$3,000,000

25 More

Type
Quadruplex

5939 Square Feet
Area Size

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Residential Income Active

632 15th St, Miami Beach FL 33139 | Miami-Dade County | A11940926

632 15th St, Miami Beach FL 33139

$3,000,000

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.

Address

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Address: 15th St
City: Miami Beach
State/county: Miami-Dade County
Zip/Postal Code: 33139
Area: LINCOLN SUB

Details

Updated on January 12, 2026 at 6:29 pm

Property ID A11940926
Price $3,000,000
Property Size 5939 Square Feet
Year Built 1930
Type Quadruplex
Property Status Residential Income

Additional details

BuildingAreaTotal 5939
BuildingAreaUnits Square Feet
BuildingName LINCOLN SUB
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2026-01-12
Cooling Central Air
DaysOnMarket 0
DocumentsAvailable Deposit Held, Deposit - Last Months Rent, Deposit - Security, Other Available Information, Rent Rolls
ExpirationDate 2026-09-10
Flooring Tile, Wood
Heating Electric
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 248-701-5200
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Lincoln Sub
MajorChangeTimestamp January 12, 2026 at 04:52pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp January 12, 2026 at 11:00pm
NumberOfUnitsInCommunity 2
NumberOfUnitsTotal 8
OnMarketDate 2026-01-12
OriginalEntryTimestamp January 12, 2026 at 04:52pm
OriginalListPrice 3000000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 02-32-34-002-1890
ParkingTotal 2
PhotosChangeTimestamp January 12, 2026 at 04:53pm
PhotosCount 30
Possession Funding
PostalCodePlus4 3512
PriceChangeTimestamp January 7, 2026 at 08:42pm
PropertyCondition Substantially Remodeled
PublicSurveyRange 32
PublicSurveySection 34
PublicSurveyTownship 32
RentIncludes Other Rent Incl
Roof Other
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions 24 Hour Notice, Call Listing Agent
SourceSystemKey 425042260
StateOrProvince FL
StatusChangeTimestamp January 12, 2026 at 04:52pm
Stories 2
StoriesTotal 2
StreetName 15th St
StreetNumber 632
StreetNumberNumeric 632
StructureType Quadruplex, Fourplex
SyndicationRemarks 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.
TaxAnnualAmount 32992
TaxLegalDescription LINCOLN SUB PB 9-69 LOT 4 BLK 73 LOT SIZE 60.000 X 100 OR 17978-1222 0198 1 COC 25716-0601 06 2007 5
TaxYear 2025
WindowFeatures Complete Impact Glass
YearBuiltDetails Resale
Zoning 3900