Active
quadruplex
SALE
632 15th Street, Miami Beach, Florida 33139
Miami Beach, FL 33139
$2,650,000
5,939 sqft
Property Details
MLS#
A11940926
Type
Quadruplex
Square Footage
5,939
Year Built
1930
Tax Amount
$32,992
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.
Amenities
2 Stories
Built 1930
Cooling: Central Air
Heating: Electric, Separate Meters
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30 Year Fixed, 6.59% Interest
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Property Location
Listing Office:
Fortune International Realty
Listing Agent:
Jordan Lederman
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