632 15th Street, Miami Beach, FL 33139
- $2,650,000
- 5,939
- SqFt
- List Price
- $2,650,000
- Status
- ACTIVE
- Days on Market
- 264
- MLS#
- A11940926
- Subtype
- Residential Income
- Year Built
- 1930
- Living Area
- 5,939
- Subdivision
- Lincoln Sub
- Building Name
- Lincoln Sub
- MLS Area Major
- 2320
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.
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Additional Information
- Taxes
- $32,992
- Zoning
- 3900
- Flooring
- Tile, Wood
- Heating
- Electric, Separate Meters
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Stories
- 2
- Roof
- Other
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
Listing courtesy of Fortune International Realty. Contact:
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Agent: Jordan Lederman | Email: jordan@ledermanrealestate.com