632 15th St, Miami Beach FL 33139

The Elizabeth is a rare residential income opportunity in the heart of South Beach. Located in Lincoln Sub, this 1930 property is listed as a Quadruplex and offers approximately 5,939 square feet of living area within a highly desirable multifamily asset.
The property features eight updated one-bedroom, one-bath units, each equipped with central air conditioning and an in-unit washer and dryer. Every unit is currently leased, providing 100 percent occupancy and reliable cash flow. Current rental income exceeds $210,000 annually, with additional potential to increase rents over time.
Residents enjoy impact windows, gated access, and private outdoor space. The building has been fully 40-year recertified and is zoned RM-1. Electric heating and central air provide year-round comfort.
Positioned in Miami-Dade County, 632 15th St, Miami Beach FL 33139 is just steps from Lincoln Road, Flamingo Park, Española Way, and the beach. Miami Beach offers exceptional year-round weather, beautiful beaches, outdoor dining, vibrant nightlife, cultural attractions, and convenient access to shopping, dining, transportation, and major business centers.
This supply-constrained location combines strong tenant demand with long-term investment upside. For more information or to schedule a private discussion, call or WhatsApp +1 786.468.4380.