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14-Unit Short-Term Rental Property
New
For Sale
$3,985,000

1321 15th, Miami Beach, FL 33139

Commercial Sale, Miami Beach, FL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market5

Property Features for 1321 15th

General Information

Property type Commercial Sale
Property subtype Other
Parking features On Street
Security features Security System
Subdivision 32
Standard status Active
APN 02-32-33-088-0001
Lot size 0.14 Acres

Taxes and HOA fees

Tax Description JACQUELINE CONDO ALTON BEACH REALTY CO'S BAY FRONT SUB RESUB OF BLKS 67 & 79 W10FT OF LOT 9 & ALL OF LOT 10 BLK 67B PB 16-1 AS DESCC IN DECL
Legal Description JACQUELINE CONDO ALTON BEACH REALTY CO'S BAY FRONT SUB RESUB OF BLKS 67 & 79 W10FT OF LOT 9 & ALL OF LOT 10 BLK 67B PB 16-1 AS DESCC IN DECL

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Number of units 14
Flooring type Tile
Building materials Block
Listing Agency: Elite Ocean View Realty LLC
Listed By: Teodoro Palmieri · License #3066859
Added: Aug 31 Changed: Sep 2 Last Checked: Sep 4 at 12:06AM
MLS# A12079959

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.

This Miami Beach property comprises 14 legally licensed short-term rental units within a modernized, fully furnished building. Each accommodation includes a kitchenette, while tile flooring, block construction, wall furnaces, and window or wall/window cooling systems support the physical configuration. The property occupies 0.1377 acres and includes on-street parking.

Located at 1321 15th in Miami Beach’s West Avenue district, the building is positioned near Lincoln Road, Sunset Harbour’s shopping and dining, and the oceanfront. Public water and public sewer serve the property, providing established utility connections for the existing use.

Key Highlights

  • 14 legal short‑term rental units
  • Fully furnished units with kitchenettes and modern finishes
  • Short‑term rental licensing and zoning support the current use

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Restaurant Nursing Home Adult Day Care Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

8,611
Businesses Nearby

Demographics for 33139, FL

36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Fully furnished, licensed accommodations feature kitchenettes and modernized interiors.
Where is this short term rental property located?
The property is located at 1321 15th Miami Beach, FL.
What is the asking price?
The asking price for this property is $3,985,000.
What are key features of this property?
This property features: 14 legal short‑term rental units; Fully furnished units with kitchenettes and modern finishes; Short‑term rental licensing and zoning support the current use
More about this property
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