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About This Home
This 8-bedroom, 8-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.
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.
Key Features
- Built in 1930
- 2 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$14,173/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
632 15th St
Miami Beach, FL 33139
Lincoln Sub
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 8-bedroom, 8-bathroom multi-family at 632 15th St is listed at $2,650,000 ($446/sqft). The estimated monthly payment is $11,483 based on 20% down at 6.5% interest.
Key features include: Built in 1930, 2 parking spaces.
This property is listed by Jordan Lederman and can be reached at 2487015200 or jordan@ledermanrealestate.com.
