632 15th St Miami Beach, FL 33139
Flamingo NeighborhoodEstimated payment $17,766/month
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.
Listing Agent
Jordan Lederman
Fortune International Realty License #3245821 Listed on: 01/12/2026
Map
Property Details
Home Type
Multi-Family
Year Built
1930
Lot Details
0 Sq Ft Lot
Listing Details
- Prop. Type: Residential Income
- Property Sub Type: Quadruplex
- Property Sub Type Additional: Quadruplex
- Year Built: 1930
- New Construction: No
- Structure Type: Multi Family
- DelayedMarketingYN: No
- Special Features: VirtualTour
Interior Features
- Flooring: Tile, Wood
- Living Area: 5939.0
- Stories: 2
Exterior Features
- Pool Private: No
- Waterfront: No
- Construction Type: Block
- Property Condition: Resale, Updated/Remodeled
- Roof: Other
Garage/Parking
- Total Parking Spaces: 2.0
Utilities
- Cooling: Central Air
- Cooling Y N: Yes
- Heating: Electric, Separate Meters
- Heating Yn: Yes
- Sewer: Public Sewer
- Utilities: Cable Available
Condo/Co-op/Association
- Association: No
Schools
- Elementary School: Miami Beach Fienberg / Fisher K-8
- High School: Miami Beach
Lot Info
- Parcel #: 0232340021890
- Mobile Dim Units: Feet
- Zoning: 3900
Tax Info
- Tax Year: 2025
- Tax Annual Amount: 32992.0
Multi Family
- Number Of Units In Community: 4
- Number Of Units Total: 4
- Annual Gross Income: 18000.0
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: MIAMI REALTORS® MLS
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.
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