a fully licensed 14-unit short-term rental property located in the highly coveted West Avenue district of Miami Beach. This turnkey hospitality asset offers an exceptionally rare opportunity to acquire a legally operating STR building within one of the most supply-restricted and tightly regulated jurisdictions in the United States.
The property has been modernized and professionally operated, featuring fully furnished units with contemporary finishes, kitchenettes, and on-site amenities designed to support seamless guest turnover. Positioned just steps from Lincoln Road, Flamingo Park, Sunset Harbor, and the ocean, 1321 15th Street benefits from year-round tourism demand, strong ADRs, and a proven operational track record.
With protected zoning, existing licensing, and a stabilized revenue base, this opportunity provides both immediate cash flow and long-term value in a market where legal STR inventory remains extremely limited.
The property has been modernized and professionally operated, featuring fully furnished units with contemporary finishes, kitchenettes, and on-site amenities designed to support seamless guest turnover. Positioned just steps from Lincoln Road, Flamingo Park, Sunset Harbor, and the ocean, 1321 15th Street benefits from year-round tourism demand, strong ADRs, and a proven operational track record.
With protected zoning, existing licensing, and a stabilized revenue base, this opportunity provides both immediate cash flow and long-term value in a market where legal STR inventory remains extremely limited.
Property Details
Price:
$5,500,000
MLS #:
A11931154
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
ALTON BEACH BAY FRONT RE-
Neighborhood:
altonbeachbayfrontre
Listed Date:
Dec 15, 2025
Finished Sq Ft:
76
Total Sq Ft:
76
Year Built:
1951
Units:
14
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Wood
Heating
Central
Exterior
Architectural Style
Other
Construction Materials
Concrete Block Construction
Parking Spots
2
Roof
Concrete
Financial
Tax Year
2025
Taxes
$71,585
Map
Community
- Address1321 15th St Miami Beach FL
- SubdivisionALTON BEACH BAY FRONT RE-
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
Subdivisions in Miami Beach
Market Summary
Current real estate data for Multi Family in Miami Beach as of Mar 10, 2026
52
Multi Family Listed
173
Avg DOM
2,182
Avg $ / SqFt
$2,965,487
Avg List Price
Property Summary
- Located in the ALTON BEACH BAY FRONT RE- subdivision, 1321 15th St Miami Beach FL is a Multi Family for sale in Miami Beach, FL, 33139. It is listed for $5,500,000 To schedule a showing of MLS#a11931154 at 1321 15th St in Miami Beach, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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