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MLS #A11940926 image #0
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.
Current real estate data for Multi Family in Miami Beach as of Nov 07, 2026
43
Multi Family Listed
215
Avg DOM
791
Avg $ / SqFt
$3,218,628
Avg List Price
Listing Provided Courtesy of Fortune International Realty at 305-400-6393

Property Details

Price:
$2,650,000
MLS #:
A11940926
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
LINCOLN SUB
Neighborhood:
2320
Listed Date:
Jan 12, 2026
Finished Sq Ft:
5,939
Total Sq Ft:
5,939
Year Built:
1930
Units:
4
Lincoln SubMiami Beach Fienberg / Fisher K-8Miami Beach

Schools

Elementary School:
Miami Beach Fienberg / Fisher K-8
High School:
Miami Beach

Interior

Cooling
Central Air
Flooring
Tile, Wood
Heating
Separate Meters, Electric

Exterior

Construction Materials
Block
Roof
Other

Financial

Tax Year
2025
Taxes
$32,992

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Community

Property Summary

    Located in the LINCOLN SUB subdivision, 632 15th Street Miami Beach FL is a Multi Family for sale in Miami Beach, FL, 33139. It is listed for $2,650,000 To schedule a showing of MLS#a11940926 at 632 15th Street in Miami Beach, FL, contact your Trust House Realty agent at 9543362003.

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