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    1321 15Th St Miami, FL 33139

    Sponsored
    For Sale
    $5,500,000

    Fourplex, Quadruplex - Miami Beach, FL

    Type:Quadruplex
    Property size:
    76 SF
    Days on Market:
    24
    Last Refresh:
    Jan 7 at 2:06 am

    Property Features for 1321 15Th St

    General Information

    Property type
    Residential
    Property subtype
    Quadruplex
    Standard status
    Active
    Zoning
    3900
    APN
    02-32-33-088-0150
    Parking
    2
    Size
    76 SF

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1951
    Flooring type
    Hardwood, Wood
    Building materials
    Block
    Roof type
    Concrete
    Architectural style
    Other

    Compass Florida LLC (305) 851-2820 [email protected]

    Listing agent Arthur Porosoff (305) 851-2820 License #3160379

    Listing date Dec 15, 2025

    MLS# A11931154 Listing URL

    Copyright © 2026 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Miami Beach Short-Term Rental Property

    This is 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, this property 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 size is 76 Square Feet and the zoning is 3900.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Gem on 15th Holiday Apartment Rental Delfino Suites South ... Holiday Apartment

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Realty agency Nail Salon Food Market Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.14287
    Latitude
    25.787596

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    FAQs

    What type of property is this?
    Short term rental property - Licensed 14-unit short-term rental in Miami Beach's West Avenue.
    Where is this short term rental property located?
    The property is located at 1321 15Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - Fully licensed 14-unit short-term rental property in Miami Beach.; - Rare opportunity to acquire a legally operating STR building in a supply-restricted market.; - Prime location in the West Avenue district, steps from key attractions.
    (305) 209-8866
    Request Owner's contact information
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    Miami, FL 33139
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1321 15Th St Miami, FL 33139
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