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Corner Lot Multifamily Building

1535 West Avenue, Miami Beach, FL 33139

For Sale
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Eight-unit apartment building with on-site laundry, configured as four one-bedroom and four two-bedroom apartments.

Property Size7,392 SF
Lot Size0.17 Acres
Days on Market219

Property Features for 1535 West Avenue

General Information

Standard status Active
Size 7,392 SF
Lot size 0.17 Acres
Property subtype Multifamily

Site & Location

Neighborhood South Miami Beach

Additional Details

Multifamily Units 8

Amenities

laundry room

Building Details

Tenancy Multi
Listed By: Calum Weaver
Source: Cbre
Added: Apr 11 Changed: Nov 15 Last Checked: Nov 14 at 2:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Calum Weaver

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Investment Insights

Based on property information with market context.

Corner lot multifamily apartment building with a 7,392 sq. ft. building size and a 7,500 sq. ft. lot. The property features eight large apartments, including four one-bedroom units and four two-bedroom units, plus an on-site laundry room.

Located on 15th Street and West Ave, the building sits on a corner lot in the South Beach area. The current tenant-friendly layout supports straightforward apartment living with dedicated in-building laundry access.

Key Highlights

  • Corner lot at 15th St and West Ave
  • 8‑unit apartment building with 4 one‑bedroom and 4 two‑bedroom units
  • Building size 7,392 SF and lot size 7,500 SF

Property Analytics

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Lease Details

8
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7,980
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Miami Beach, FL

$537 Jul
$536 Aug
$592 Sep
$551 Oct

Properties on Market for Apartment buildings in Miami Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Eight-unit apartment building with on-site laundry, configured as four one-bedroom and four two-bedroom apartments.
Where is this apartment building located?
The property is located at 1535 West Avenue Miami Beach, FL.
What are key features of this property?
This property features: Corner lot at 15th St and West Ave; 8‑unit apartment building with 4 one‑bedroom and 4 two‑bedroom units; Building size 7,392 SF and lot size 7,500 SF
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