Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
5,939 sqft

$2,650,000

632 15th, Miami Beach FL, 33139

Price per sqft$446.20
Built in1930
Property size5,939 sqft
Property typeMulti-family
Courtesy of Jordan Lederman with Fortune International Realty

Overview

Active

Listed Jan 12, 2026

Updated Sep 14

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.

$17,631/mo

Est. mortgage payment based on a $2,650,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$32,992
Tax Frequency
Annually
MLS provider logo

Courtesy of Fortune International Realty, Jordan Lederman,
Listing Contact: 248-701-5200 

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 9/14/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Martin County REALTORS of the Treasure Coast, Inc. All rights reserved.

Data last updated 1:43 PM UTC, 9/14/2026

Powered by Luxury Presence