632 15th Street, Miami Beach, FL 33139
$2,650,000 · Active
- 0 baths
- 5,939 sq ft
- 300 days on market
- Quadruplex
- Built 1930
- Updated/Remodeled
- Miami-Dade County
- MLS# A11940926
- Lincoln Sub








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.
Schools
- Elementary: Miami Beach Fienberg / Fisher K-8
- High: Miami Beach
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Fortune International Realty · Rpalma@FortuneIntlGroup.com · Listing agent: Jordan Lederman
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Schedule a showing
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 632 15th Street.
Before You Make an Offer
Selling a Rental or Small Multifamily Property?
Investors buying duplexes, triplexes and rented homes ask for the rent roll, the leases, the expenses and the condition, and several have told BreakThru Realty what they want to buy. If you own an income property, a broker can compare it with those requirements and explain how a sale with the tenants in place would work.
BreakThru Realty works with hundreds of prequalified buyers searching for properties. Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.
Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty
A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.
Questions About 632 15th Street
- How much is 632 15th Street?
- 632 15th Street is listed at $2,650,000, which is about $446 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
- What are the property taxes on 632 15th Street?
- The listing reports annual property taxes of $32,992 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
- When was 632 15th Street built?
- 632 15th Street was built in 1930 and the listing describes its condition as resale updated/remodeled. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
- How long has 632 15th Street been on the market?
- 632 15th Street has been listed for 300 days, and the asking price has been reduced from $3,000,000. Days on market and price changes are the first signals of how much room there is to negotiate.
- Which schools serve 632 15th Street?
- The MLS lists Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
- How do I see 632 15th Street?
- Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.
To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.
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The home at 912 Euclid Avenue, Miami Beach, FL 33139 is comparable and listed for sale at $2,250,000. Other Miami Beach neighborhoods include South of Fifth and Collins Park. Nearby ZIP codes include 33109 and 33140. This property also neighbors Fisher Island, Miami, and Brickell. Compare it with the Miami Beach housing market report.