Multifamily in Miami Beach, FL 33139Lincoln, 632 15th St
Beds
5,939
SqFt$446
$/SqFtMid-Tier MultifamilyProperty Type
1930Year Built
$446/SqFtPrice per sq ft
FourplexStyle
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 Courtesy Of: Fortune International Realty
Local Realty Services Provided By: Best of Luxury Realty
On Site: 287 DaysUpdated: 45 Days agoPage Views: 0
Features
MLS Number: A11940926
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Electric
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Hardwood,Tile,Wood
- Windows/Treatment: ImpactGlass
- Year Built: 1930
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2026-01-12T11:52:44.000-00:00
Taxes, Fees & More
- Taxes: 32992
Apples-to-Apples Comparables
Price History
Current
$2.7M
High
$3M
Low
$2.7M
Total Change
-11.7%Date
Event
Price
Change
Price Per
03/27/2026
Price Reduced
$2.7M
-11.67%$446 ft2
$4,803 m2
01/07/2026
Listed
$3M
$505 ft2
$5,437 m2
03/27/2026
$2.7M
Event
Price Reduced
Change
-11.67%Price Per
$446 ft2
$4,803 m2
01/07/2026
$3M
Event
Listed
Price Per
$505 ft2
$5,437 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Jordan Lederman • Fortune International Realty • Buyer Agency Compensation .
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Community Snapshot
$2.7M – $4.3M
Price Tier
435 - 10,334
SqFt Range
1938
Year Build
2
Total Floors
174
Total Units
Subdivision Amenities
Controlled Access
Laundry
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