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Property photos —
ActiveBeachesMLS
ActiveMLS® A11940926
$2,650,000

632 15th Street, Miami Beach, FL 33139

Beds
—
Baths
0
Sqft
5,939
Est. payment$19,050/mo
Home type
Quadruplex
Year built
1930
Lot size
—
Price / sqft
$446
HOA
—
Community
LINCOLN 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 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 activity

Days on market
—
Listed
—
MLS listing updated
Sep 10, 2026
Feed last checked
11 minutes ago

Listed by Jordan Lederman · Fortune International Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Property

Not reported by the listing source.

Construction

Type & style

Home type
Quadruplex
Year built
1930
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
LINCOLN SUB
Lease details

Not reported by the listing source.

Location

Area details

City
Miami Beach
County
Miami-Dade
ZIP code
33139
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A11940926
Additional MLS details

Reported by the listing source

Bathrooms Total Integer
0
County Or Parish
Miami-Dade
List Price
2650000
Living Area
5939
Mls Status
Active
Postal Code
33139
Property Sub Type
Quadruplex
Property Type
Residential Income
Standard Status
Active
State Or Province
FL
Subdivision Name
LINCOLN SUB

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Sep 10, 2026Price updatedBeachesMLS$2,650,000$446/sqft

Public tax history

—

Payment calculator

Estimated monthly payment$19,050/moIllustrative estimate, not a loan offer.
Principal & interest
$13,750
Property taxes
$3,975
Insurance
$1,325
Association dues
—

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

LINCOLN SUB

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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BeachesMLS

BeachesMLS · Listing courtesy of Fortune International Realty. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.