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Eight-Unit Multifamily with In-Unit Laundry

632 15th St Miami Beach, FL 33139

Claim this Listing
For Sale
$2,650,000

MULTI_FAMILY - Other - Miami Beach, FL

Property size:
5,939 SF
Price / SF:
$446/SF
Added:
Jun 1, 2026
Days on Market:
39
Last Refresh:
Jul 9 at 11:06 pm

Property Features for 632 15th St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Rooms
Bathroom 4, Bathroom 1, Bathroom 5, Bathroom 6, Bathroom 7, Bedroom 8, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 2, Bathroom 8, Bathroom 3, Bedroom 7
Parking
2
Standard status
Active
APN
02-32-34-002-1890
Size
5,939 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
LINCOLN SUB PB 9-69 LOT 4 BLK 73 LOT SIZE 60.000 X 100 OR 17978-1222 0198 1 COC 25716-0601 06 2007 5
Tax Annual Amount
32992

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air

Building Details

Year built
1930
Floors in Building
2
Flooring type
Hardwood, Wood, Tile
Building materials
Block
Architectural style
Other

Listing agent Jordan Lederman License #3245821

Listing office Fortune International Realty 1300 Brickell Ave., Miai, FL

Listing date Jun 1, 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.


Investment Insights

Based on property information with market context.

The Elizabeth is an eight-unit multifamily property offering updated one-bedroom, one-bath layouts. Each unit features central A/C and an in-unit washer & dryer. Additional building features include impact windows, gated access, and private outdoor space, supporting day-to-day tenant comfort.

The property is located at 632 15th St in Miami Beach, just steps from Lincoln Road, Flamingo Park, Espanola Way, and the beach. The RM-1 zoning is noted, and the building is described as fully 40-year recertified.

This is a turnkey, income-generating asset with 100% leased occupancy, with the listing stating current rent generation of over $210,000+. For prospective owners or operators seeking a small, fully leased multifamily setup with in-unit laundry, central A/C, and the stated RM-1 zoning and recertification status, The Elizabeth is positioned as a practical acquisition in a tightly held South Beach rental corridor.

Key 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

Property Analytics

Property Profile 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

Suggested Use

Butcher (Bike/Boat/Book/etc) Store Restaurant Nursing Home Adult Day Care Pet Grooming Service Nursing Home Plumbing Service Clothing & Fashion Store Veterinary Clinic

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

FAQs

What type of property is this?
Apartment building - Eight updated one-bedroom units with central A/C and in-unit washer/dryer, currently 100% leased in South Beach.
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
Contact an agent
More about this property
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