632 15th St Miami Beach, FL 33139
Fourplex, Quadruplex - Miami Beach, FL
Type:Quadruplex
Property size:
5,939 SFPrice / SF:
$446/SF- Added:
- Mar 27, 2026
- Days on Market:
- 42
- Last Refresh:
- May 7 at 12:06 pm
Property Features for 632 15th St
General Information
- Property type
- Residential
- Property subtype
- Quadruplex
- Zoning
- 3900
- Bedrooms
- 8
- Bathrooms
- 8
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 2
- Standard status
- Active
- APN
- 02-32-34-002-1890
- Size
- 5,939 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 32992
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1930
- Flooring type
- Hardwood, Tile, Wood
- Building materials
- Block
- Roof type
- Other
- Architectural style
- Other
Listing agent Jordan Lederman License #3245821 (248) 701-5200
Listing office Fortune International Realty 1300 Brickell Ave., Miai, FL (305) 400-6393
Listing date Mar 27, 2026
MLS# A11940926
Listing URL
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime South Beach location, steps from key attractions
- High‑rent asset generating over $210,000+ annually with potential for increased rents
- Each unit features central A/C and in‑unit washer & dryer
- Eight updated 1‑bed/1‑bath units, 100% leased
- Impact windows and gated access provide enhanced security
- Fully 40‑year recertified and zoned RM‑1, offering immediate cash flow and long‑term upside
Overview
South Beach Multifamily Investment
Located in the heart of South Beach, this multifamily property, known as The Elizabeth, presents a rare opportunity to acquire an 8-unit building in close proximity to Lincoln Road, Flamingo Park, Espanola Way, and the beach. Situated within one of Miami Beach’s strongest rental corridors, the property features eight updated one-bedroom, one-bathroom units. Each unit is equipped with central air conditioning and an in-unit washer and dryer, supporting above-market rents, low vacancy, and strong tenant demand. The property is 100% leased and includes impact windows, gated access, and private outdoor space. The property has been fully 40-year recertified and is zoned RM-1. Currently generating over $210,000 in rent, this asset offers immediate cash flow with long-term upside in a supply-constrained, lifestyle-driven submarket. The property size is 5939 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1359
- Latitude
- 25.784
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Rare 8-unit multifamily property in prime South Beach location.
Where is this apartment building located?
The property is located at 632 15th St Miami Beach, FL.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Prime South Beach location, steps from key attractions; High‑rent asset generating over $210,000+ annually with potential for increased rents; Each unit features central A/C and in‑unit washer & dryer
