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Homes for sale in Miami Beach
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.