Homes for sale in Miami Beach
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Quadruplex
632 15th St
Miami Beach, FL 33139
$2,650,000
- Sq ft
- 5,939
- Year built
- 1930
- Price per sq ft
- $446
Listing courtesy of Jordan Lederman, Fortune International Realty
About this home
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.
Details
Property
- Type
- Quadruplex
- Building
- Fourplex
- Year built
- 1930
- Stories
- 2
- Building name
- LINCOLN SUB
- Subdivision
- LINCOLN SUB
- County
- Miami-Dade County
Interior
- Flooring
- Tile, Wood
- Cooling
- Central Air
- Heating
- Electric
Exterior and parking
- Construction
- Concrete Block Construction
Community and fees
- Annual taxes
- $32,992
- Terms
- All Cash, Conventional
Neighborhood
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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.
Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 10, 2026.