BEDS0
BATHS
SQUARE FEET5,939
MLS#A11940926
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONLINCOLN SUB
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 Beachs 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric
Roof Type: Other
Stories: 2.0
Taxes: $32,992
Year Built: 1930
Feature Descriptions
Crops Included Y/N: No
Days on Site: 164
Exterior: Concrete Block Construction
Flooring: Tile, Wood
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Lot: Less Than 1/4 Acre Lot
Parcel#: 02-32-34-002-1890
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Units: 8
Window: Complete Impact Glass
Listed By / Shown By
Listed By
Agency Name: Fortune International Realty
Agency Phone: 305-400-6393
Shown By
Agency Title: Adams Cameron & Co. REALTORS
Agency Phone: 386-717-3445
Estimate Your Payment
Estimated Payment
$ 17,626.66 per month $14,104.41 Principal & Interest $2,749.33 Property Tax $772.92 Homeowner's Insurance
632 15th St | MLS# A11940926
This multi-family property located at 632 15th St, Miami Beach, FL 33139 is currently listed for sale with an asking price of $2,650,000. Search Miami Beach real estate on www.adamscameron.com today.