a fully licensed 14-unit short-term rental property located in the highly coveted West Avenue district of Miami Beach. This turnkey hospitality asset offers an exceptionally rare opportunity to acquire a legally operating STR building within one of the most supply-restricted and tightly regulated jurisdictions in the United States.
The property has been modernized and professionally operated, featuring fully furnished units with contemporary finishes, kitchenettes, and on-site amenities designed to support seamless guest turnover. Positioned just steps from Lincoln Road, Flamingo Park, Sunset Harbor, and the ocean, 1321 15th Street benefits from year-round tourism demand, strong ADRs, and a proven operational track record.
With protected zoning, existing licensing, and a stabilized revenue base, this opportunity provides both immediate cash flow and long-term value in a market where legal STR inventory remains extremely limited.
The property has been modernized and professionally operated, featuring fully furnished units with contemporary finishes, kitchenettes, and on-site amenities designed to support seamless guest turnover. Positioned just steps from Lincoln Road, Flamingo Park, Sunset Harbor, and the ocean, 1321 15th Street benefits from year-round tourism demand, strong ADRs, and a proven operational track record.
With protected zoning, existing licensing, and a stabilized revenue base, this opportunity provides both immediate cash flow and long-term value in a market where legal STR inventory remains extremely limited.
Property Details
Price:
$5,100,000
MLS #:
A11931154
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
ALTON BEACH BAY FRONT RE-
Neighborhood:
altonbeachbayfrontre
Listed Date:
Dec 15, 2025
Finished Sq Ft:
76
Total Sq Ft:
76
Year Built:
1951
Units:
14
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Wood
Heating
Central
Exterior
Architectural Style
Other
Construction Materials
Concrete Block Construction
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
2
Parking Total
2
Roof
Concrete
Stories
2
Financial
Tax Year
2025
Taxes
$71,585
Map
Community
- Address1321 15th St Miami Beach FL
- SubdivisionALTON BEACH BAY FRONT RE-
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
Market Summary
Current real estate data for Multi Family in Miami Beach as of Apr 21, 2026
51
Multi Family Listed
174
Avg DOM
2,123
Avg $ / SqFt
$2,975,900
Avg List Price
Property Summary
- Located in the ALTON BEACH BAY FRONT RE- subdivision, 1321 15th St Miami Beach FL is a Multi Family for sale in Miami Beach, FL, 33139. It is listed for $5,100,000
Similar Listings Nearby
1321 15th St
Miami Beach, FL