632 15th St, Miami Beach, FL 33139

• 5,939 sqft

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.

Listing Status:

Active

Date Added:

January 12, 2026

Data Last Updated:

June 20, 2026 at 5:07AM

Listing Office:

Fortune International Realty : 305-400-6393

Listing Agent:

Jordan Lederman : 248-701-5200

MLS ID:

A11940926

Interior

• Flooring: TileWood
• A/C: Central Air
• Heating: Electric

Exterior

• Parking: Parking spaces: 2

Construction

• Roofing: Other
• Windows: Complete Impact Glass
• General: Concrete Block Construction2

Location

• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: 3900LINCOLN SUB PB 9-69 LOT 4 BLK 73 LOT SIZE 60.000 X 100 OR 17978-1222 0198 1 COC 25716-0601 06 2007 502-32-34-002-1890

Utilities

• Sewer: Public Sewer

Financial

• Source: Miami Association of REALTORS®