
MIAMI REALTORS® MLS632 15th Street, Miami Beach, FL 33139
- Beds
- —
- Baths
- 0
- Sqft
- 5,939
- Home type
- Quadruplex
- Year built
- 1930
- Lot size
- —
- Price / sqft
- $446
- HOA
- $0/mo
- Community
- LINCOLN SUB
Property description
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.
Listing activity
- Days on market
- 283
- Listed
- Jan 12, 2026
- MLS listing updated
- Sep 10, 2026
- Feed last checked
- 5 minutes ago
Listed by Jordan Lederman · Fortune International Realty
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms
- 0
- Bathrooms (decimal)
- 0
Rooms & features
- Flooring
- Tile, Wood
Heating & cooling
- Heating
- Separate Meters, Electric
- Cooling
- Central Air
Property
Exterior
- Stories
- 2
- Building area
- 5,939 sqft
- Pool
- No
- Waterfront property
- No
Lot
- Zoning
- 3900
Construction
Type & style
- Home type
- Quadruplex
- Structure type
- Multi Family
- Year built
- 1930
- New construction
- No
Materials
- Construction
- Block
- Roof
- Other
- Property condition
- Updated/Remodeled, Resale
Utilities & green energy
Utilities
- Sewer
- Public Sewer
- Utilities
- Cable Available
Community & HOA
Community
- Subdivision
- LINCOLN SUB
- MLS area
- 2320
Association
- Has association
- No
- Estimated monthly dues
- $0
Lease details
Not reported by the listing source.
Location
Area details
- City
- Miami Beach
- County
- Miami-Dade
- ZIP code
- 33139
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A11940926
- Possession
- Close Of Escrow, Negotiable
- Original list price
- $3,000,000
- Parcel number
- 0232340021890
- Annual property tax
- $32,992
- Tax year
- 2025
- Tax legal description
- LINCOLN SUB PB 9-69 LOT 4 BLK 73 LOT SIZE 60.000 X 100 OR 17978-1222 0198 1 COC 25716-0601 06 2007 5
Additional MLS details
Reported by the listing source
- Association
- No
- Bathrooms Total Decimal
- 0
- Bathrooms Total Integer
- 0
- Building Area Total
- 5939
- Construction Materials
- Block
- County Or Parish
- Miami-Dade
- Days On Market
- 283
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
- List Price
- 2650000
- Listing Contract Date
- 2026-01-12
- Living Area
- 5939
- MLSArea Major
- 2320
- Mls Status
- Active
- On Market Date
- 2026-01-12
- Photos Count
- 30
- Postal Code
- 33139
- Price Change Timestamp
- 2026-03-27T19:34:37Z
- Property Sub Type
- Quadruplex
- Property Type
- Residential Income
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-01-12T16:56:10Z
- Stories Total
- 2
- Subdivision Name
- LINCOLN SUB
- Tax Annual Amount
- 32992
- Pool Private
- No
- Waterfront
- No
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Jan 12, 2026 | ListedMIAMI REALTORS® MLS | $3,000,000$505/sqft |
| Mar 27, 2026 | Price reducedMIAMI REALTORS® MLS | $2,650,000$446/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $32,992 | — |
Payment calculator
- Principal & interest
- $13,750
- Property taxes
- $2,749
- Insurance
- $1,325
- Association dues
- $0
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
LINCOLN SUBMiami Beach · Miami-Dade County · 33139
Climate risk
—No licensed climate-risk source is connected.
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