About This Home

This 8-bedroom, 0-bathroom multi-family at 632 15th St in Miami Beach, FL is listed for $2,650,000 ($446 per sqft). Built in 1930, the home offers 5,939 sqft of living space on a N/A lot.

Key Features

  • Built in 1930
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
8 full
2 spaces
1930

Amenities

HardwoodA/C
Listing 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, Espanola 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.

Monthly Cost Estimate

$14,173/mo

20% down · 6.5% · 30 years

Principal$1,917
Interest$11,483
Insurance$773

Estimates only. Actual payments may vary.

Location

632 15th St

Miami Beach, FL 33139

LINCOLN SUB

Property Details

Flooring

WoodHardwoodTile

Construction

Block

Heating

Electric (Heating)

Cooling

Central Air

Questions & Answers

This 8-bedroom, 0-bathroom multi-family at 632 15th St is listed at $2,650,000 ($446/sqft). The estimated monthly payment is $14,173 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 2 stories, 2 parking spaces.

This property is listed by Jordan Lederman.

JL

Jordan Lederman

License 3245821

Agent at Fortune International Realty

Listed by Fortune International Realty · Broker phone: (305) 517-7553 · View on Broker Site · Broker website

MLS# A11940926· Source: Miami REALTORS®· 2 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

632 15th St, Miami Beach, FL 33139

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