Multi-Family
5,939
SQUARE FEET
Quadruplex
Type
1930
Built
Listing courtesy of
Fortune International Realty
Jordan Lederman
MLS® #A11940926
Listing information last updated June 1, 2026
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Overview
This quadruplex in Miami Beach offers 5,939 square feet, and is listed for sale at $2,650,000 (about $446 per square foot). Built in 1930.
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 history
Price reduced
↓ $350,000 from $3,000,000 · Mar 27, 2026 · MIAMI MLS
$2,650,000
Listed for sale
Jan 12, 2026 · MIAMI MLS
$3,000,000
Days on market
as of today
190 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2025)
$32,992
Association type
None
FEMA flood zone
AE
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #A11940926
Price$2,650,000
Size5,939 Square Feet
Year built1930
TypeQuadruplex
StatusFor Sale
Price / Square Feet$446
Flood zoneAE
Features & amenities
Has Cooling System
Has Heating System
Location
632 15th St, Miami Beach FL 33139
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Est. monthly payment
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Property tax (est.)—
Down (20%)—
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 190 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.