Quadruplex for sale

$2,650,000

632 15th StMiami Beach, FL 33139

  • 5,939 Sq ft
  • 1930 Built

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.

Details

MLS #
A11940926
Property type
Quadruplex
Status
Active
Days on market
241
Neighborhood
LINCOLN SUB
County
Miami-Dade County
Property taxes
$32,992 (2025)
Waterfront
No
Private pool
No
Cooling
Central Air

Location

Estimated payment

$16,149/mo with 20% down at 6.5% for 30 years, including taxes, before insurance.

Adjust in the mortgage calculator

Listing courtesy of Fortune International Realty · Jordan Lederman. Listing last updated September 10, 2026 4:22 PM.

REALTOR® and MLS logo

The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated October 25, 2026 6:07 AM.

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Call or text Edward Ferenczi at 786-556-6446

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