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.
For sale
$2,650,000
632 15th St, Miami Beach, FL 33139
8beds
8baths
5,939sqft
Quadruplex
Built in 1930
-- sqft lot
$-- Zestimate®
$446/sqft
$-- HOA
What's special
Gated accessPrivate outdoor spaceIn-unit washer and dryerImpact windows
- 232 days
- 525
- 47
Zillow last checked:
Listing updated:
Listed by:
Jordan Lederman 248-701-5200,
Fortune International Realty,
Jeffrey Amoretti 813-385-4716,
Fortune Christie's International Real Estate
Source: MIAMI,MLS#: A11940926
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Electric
Cooling
- Central Air
Features
- Flooring: Tile, Wood
- Windows: Complete Impact Glass
Interior area
- Total structure area: 5,939
- Total interior livable area: 5,939 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
Features
- Stories: 2
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0232340021890
- Zoning: 3900
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete Block Construction
- Roof: Other
Condition
- Updated/Remodeled
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Lincoln Sub
HOA
- Has HOA: No
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $446/sqft
- Annual tax amount: $32,992
- Date on market: 1/12/2026
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Price change | $2,650,000-11.7%$446/sqft |
Source: | ||
| 1/12/2026 | Listed for sale | $3,000,000+5.3%$505/sqft |
Source: | ||
| 2/21/2019 | Listing removed | $2,500 |
Source: Dezer Platinum Realty Report a problem | ||
| 2/5/2019 | Listed for rent | $2,500+38.9% |
Source: Dezer Platinum Realty Report a problem | ||
| 10/19/2018 | Listing removed | $1,800 |
Source: Zillow Rental Network Report a problem | ||
| 9/10/2018 | Listed for rent | $1,800 |
Source: Zillow Rental Manager Report a problem | ||
| 11/11/2016 | Listing removed | $2,850,000$480/sqft |
Source: Viac & Co LLC #A10175565 Report a problem | ||
| 11/8/2016 | Listed for sale | $2,850,000-12.3%$480/sqft |
Source: Viac & Co LLC #A10175565 Report a problem | ||
| 4/5/2012 | Listing removed | $3,250,000$547/sqft |
Source: Keller Williams Eagle Realty Report a problem | ||
| 2/9/2012 | Listed for sale | $3,250,000$547/sqft |
Source: Keller Williams Eagle Realty Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







