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.
Property Details
Price:
$3,000,000
MLS #:
A11940926
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
LINCOLN SUB
Neighborhood:
lincolnsub
Listed Date:
Jan 12, 2026
Finished Sq Ft:
5,939
Total Sq Ft:
5,939
Year Built:
1930
Units:
8
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Tile, Wood
Heating
Electric
Exterior
Construction Materials
Concrete Block Construction
Parking Spots
2
Roof
Other
Financial
Tax Year
2025
Taxes
$32,992
Map
Community
- Address632 15th St Miami Beach FL
- SubdivisionLINCOLN SUB
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
Market Summary
Current real estate data for Multi Family in Miami Beach as of Jan 17, 2026
56
Multi Family Listed
188
Avg DOM
2,050
Avg $ / SqFt
$3,014,584
Avg List Price
Property Summary
- Located in the LINCOLN SUB subdivision, 632 15th St Miami Beach FL is a Multi Family for sale in Miami Beach, FL, 33139. It is listed for $3,000,000
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