632 15th St
Miami Beach, FL 33139

Listed at $2,650,000

Details

  • MLS# A11940926
  • Multi Unit - Multiple
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 5,939 Square Feet
  • 0 Lot Size
  • Built in 1930
  • Local Schools

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 Beachs 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...read more 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.

Features

  • Central Air
  • Tile
  • Wood
  • Electric
  • 2.0 Stories
  • $32,992 Taxes
  • Built in 1930
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Cooling: Central Air
  • Crops Included Y/N: No
  • Days on Site: 163
  • Exterior: Concrete Block Construction
  • Flooring: Tile, Wood
  • Heating: Electric
  • Home Warranty Y/N: No
  • Lease Considered Y/N: No
  • Listing Terms: All Cash, Conventional
  • Lot Description: Less Than 1/4 Acre Lot
  • Parcel#: 02-32-34-002-1890
  • Property Attached Y/N: No
  • Property Sub-Type: Quadruplex
  • Roof Type: Other
  • Sewer: Public Sewer
  • Stories: 2.0
  • Taxes: $32,992
  • Units: 8
  • Window: Complete Impact Glass
  • Year Built: 1930