632 15th St Miami Beach, FL 33139
Flamingo NeighborhoodEstimated payment $17,035/month
Highlights
- Wood Flooring
- Complete Impact Glass
- Family Room
- No HOA
- Central Air
- Heating Available
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $32,992
Year Built
- Built in 1930
Home Design
- Quadruplex
- Substantially Remodeled
Interior Spaces
- 5,939 Sq Ft Home
- 2-Story Property
- Family Room
- Complete Impact Glass
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Laundry
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Parking Available
Utilities
- Central Air
- Heating Available
Community Details
- No Home Owners Association
- 4 Units
- Lincoln Sub Condos
- Lincoln Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-32-34-002-1890
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $33,665 | $1,794,520 | $1,200,000 | $594,520 |
| 2024 | $35,291 | $1,943,527 | -- | -- |
| 2023 | $35,291 | $1,766,843 | $0 | $0 |
| 2022 | $30,180 | $1,606,221 | $1,320,000 | $286,221 |
| 2021 | $23,304 | $1,182,775 | $0 | $0 |
| 2020 | $22,568 | $1,321,000 | $1,320,000 | $1,000 |
| 2019 | $25,599 | $1,321,000 | $1,320,000 | $1,000 |
| 2018 | $31,392 | $1,669,407 | $1,320,000 | $349,407 |
| 2017 | $26,071 | $1,191,688 | $0 | $0 |
| 2016 | $25,292 | $1,083,353 | $0 | $0 |
| 2015 | $19,670 | $984,867 | $0 | $0 |
| 2014 | $18,191 | $895,334 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2026 03/27/26 | Price Changed | $2,650,000 | -11.7% | $446 / Sq Ft |
| 01/12/2026 01/12/26 | For Sale | $3,000,000 | 0.0% | $505 / Sq Ft |
| 03/01/2018 03/01/18 | Rented | $1,600 | 0.0% | -- |
| 02/22/2018 02/22/18 | Under Contract | -- | -- | -- |
| 02/13/2018 02/13/18 | For Rent | $1,600 | -- | -- |
Source: MIAMI REALTORS® MLS
MLS Number: A11940926
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