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. Opportunity to add value for even higher rents. Call today for more information.
Property Details
Price:
$3,000,000
MLS #:
A11940926
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
LINCOLN SUB
Neighborhood:
lincolnsub
Listed Date:
Jan 12, 2026
Finished Sq Ft:
5,939
Total Sq Ft:
5,939
Year Built:
1930
Units:
8
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Tile, Wood
Heating
Electric
Exterior
Construction Materials
Concrete Block Construction
Parking Spots
2
Roof
Other
Financial
Tax Year
2025
Taxes
$32,992
Map
Community
- Address632 15th St Miami Beach FL
- SubdivisionLINCOLN SUB
- 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
174
Avg DOM
2,182
Avg $ / SqFt
$2,965,487
Avg List Price
Property Summary
- Located in the LINCOLN SUB subdivision, 632 15th St Miami Beach FL is a Multi Family for sale in Miami Beach, FL, 33139. It is listed for $3,000,000 To schedule a showing of MLS#a11940926 at 632 15th St in Miami Beach, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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