632 15th St, Miami Beach, FL 33139
- $2,650,000
- 5,939
- SqFt
- List Price
- $2,650,000
- Price Change
- ▼ $350,000 1774654908
- MLS#
- A11940926
- Sq. Ft
- 5,939
- Subtype
- Quadruplex
- County
- Miami-Dade
- Community
- Lincoln Sub
- Subdivision
- Lincoln Sub
- Year Built
- 1930
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
- Status Label
- ACTIVE
- Total Unitsin Complex
- 4
- Construction
- Concrete Block Construction
- Cooling
- Central Air
- Flooring
- Tile, Wood
- Heating
- Electric
- Lot Description
- Less Than 1/4 Acre Lot
- Roof
- Other
- Special Information
- Substantially Remodeled
- Taxes
- $32,992
- Total Floors
- 2
- Stories
- 2
- Roofing
- Other
- Price Per Sqft
- $446
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Listing Courtesy Of Fortune International Realty, Contact: