Quadruplex
632 15th St
632 15th St, Miami Beach FL 33139 Get directions
$2,650,000
5,939 SqFt
See estimated monthly costThis listing is courtesy of Fortune International Realty. Jordan Lederman
Overview
THE ELIZABETH - PRIME SOUTH BEACH MULTIFAMILY | HIGH-RENT ASSET IN A+ LOCATION. Rare opportunity to acquire a 8-unit multifamily in the heart of South Beach, just steps from Lincoln Road, Flamingo Park, Española Way, and the beach—one of Miami Beach’s strongest rental corridors. 8 updated 1-beds/1-baths, every unit features CENTRAL A/C and IN-UNIT WASHER & DRYER, a rare combination that directly supports above-market rents, low vacancy, and strong tenant demand. 100% Leased. Additional features include impact windows, gated access, and private outdoor space. Fully 40-year recertified and zoned RM-1, this asset offers immediate cash flow with long-term upside in a supply-constrained, lifestyle-driven submarket. Currently generating over $210,000+ in rent, opportunity to add value for even higher rents. Call today for more information.
Facts & features
Interior
- Living area (sq ft)
- 5,939
Building & exterior
- Year built
- 1930
Taxes
- Annual tax
- $32,992
- Tax year
- 2025
- Parcel number
- 02-32-34-002-1890
Listing
- MLS number
- A11940926
- Property type
- Quadruplex
- Price per SqFt
- $446
- Subdivision
- LINCOLN SUB
- On market since
- Jan 12, 2026
- Days on market
- 241
Estimated monthly cost
$18,137 per month
- Principal & interest (30 yr)
- $13,400
- Property tax
- $2,749
- Insurance (estimated)
- $1,988
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Miami Beach Adult & Community Education Center
- Miami Beach Fienberg/Fisher K-8 Center
- Lincoln-Marti Community Agency 41
- Lubavitch Educational Center - Yeshiva Gedolah
- Miami Beach Senior High
- BaseCamp 305 Jr
- Rabbi Alexander S. Gross Hebrew Academy
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