632 15th St, Miami Beach, FL 33139

$2,650,000
5,939
SqFt

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List Price
$2,650,000
Price Change
▼ $350,000 1774654908
MLS
A11940926
Complex Name
Lincoln Sub
Status
ACTIVE
Type
Multifamily
Living Area
5,939

Property 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, 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.

Additional Information

Days on Market
196
Style
Quadruplex, Fourplex
Special Information
Substantially Remodeled
#Parking Spaces
2
Year Built
1930
Development Name
Lincoln Sub
#Stories
2
Construction Type
Concrete Block Construction
Section
34

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Listing Courtesy of Fortune International Realty, Contact: