About 632 15th Street
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.
Features of 632 15th Street
| MLS® # | A11940926 |
|---|---|
| USD | $2,650,000 |
| CAD | $3,729,107 |
| CNY | 元17,750,760 |
| EUR | €2,318,090 |
| GBP | £1,988,814 |
| RUB | ₽223,242,095 |
| Year Built | 1930 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
| HOPA | No Hopa |
Community Information
| Address | 632 15th Street |
|---|---|
| Area | 2320 |
| Subdivision | LINCOLN SUB |
| Development | LINCOLN SUB |
| City | Miami Beach |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33139 |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Guest House | No |
Interior
| Heating | Electric, Separate Meters |
|---|---|
| Cooling | Central Air |
| # of Stories | 2 |
Exterior
| Roof | Other |
|---|---|
| Construction | Block |
School Information
| Elementary | Miami Beach Fienberg / Fisher K-8 |
|---|---|
| High | Miami Beach |
Additional Information
| Date Listed | January 12th, 2026 |
|---|---|
| Days on Market | 254 |
| Zoning | 3900 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Parcel ID | 0232340021890 |
Listing Details
| Office | Fortune International Realty |
|---|---|
| jordan@ledermanrealestate.com |