632 15th St Miami Beach, FL 33139
Flamingo NeighborhoodEstimated payment $17,301/month
Highlights
- Wood Flooring
- Central Air
- Heating Available
- No HOA
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 | Remodeled
Parking
- 2 Parking Spaces
Home Design
- Quadruplex
Interior Spaces
- 5,939 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Tile
Schools
- Miami Beach Fienberg / Fisher K-8 Elementary School
- Miami Beach High School
Utilities
- Central Air
- Heating Available
- Separate Meters
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0232340021890
Community Details
Overview
- No Home Owners Association
- 4 Units
- Lincoln Sub Subdivision
Building Details
- Gross Income $18,000
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 |
|---|---|---|---|---|
| 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 | -- | -- |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,500,000 | Trident Title | |
| Warranty Deed | $1,150,000 | Attorney | |
| Warranty Deed | $2,340,000 | Attorney | |
| Warranty Deed | $385,000 | -- | |
| Quit Claim Deed | $130,000 | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,250,000 | New Conventional | |
| Closed | $1,700,000 | Stand Alone First |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: A11940926
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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