1311 15th Ter Miami Beach, FL $ 2,200,000
1311 15th Ter
$ 2,200,000
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1311 15th Ter

Miami Beach, FL, 33139
$ 2,200,000
Baths3.0 Sq 3,581

Monthly Estimate*

$ 13,725

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Studio

Multi-Family Home for sale in Miami Beach, FL

for $2,200,000 with 3 full baths. This 3,581 square foot home was built in 1925.

Shovel-ready opportunity or collect rent as-is! This legal 7-unit multi-family has 5 units in the main structure & 2 in the detached cottage. Main house: 3 studios (2 w/ a yard and 1 w/ a balcony); two 2-bed 1 bath units (1 w/ a yard and 1 w/ a balcony). Back House: One 1-bed unit downstairs & another 1-bed unit upstairs. All Tenants enjoy a common back-yard & laundry. The shovel-ready project consists of an elegant four-story boutique building w/ underneath parking & a fantastic common rooftop w/ a pool & a summer kitchen! It will feature SIX identical 3-bed, 2-bath, 1310sqf units, two per floor & each one w/ a private wrap around balcony! There is a HUGE lack of 3/2 condos in boutique buildings in SoBe, and those few are highly sought after!

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Multi-Family Active

Price

$ 2,200,000

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 23,975

Style

Year Built

1925

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11729722

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Cable Available
Possession Close Of Escrow Negotiable
Roof Flat Spanish Tile Tile
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1925
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2023
County Miami-Dade
Net Operating Income 131580
Operating Expense 44220
Property Type Residential Income
Subdivision Name ALTON BEACH BAY FRONT RE-
Rent Includes Electricity Gas Gardener Hot Water Sewer Trash Collection Water
Full Baths 3
Status Active
City Miami Beach
Zoning Description 3900
Number Of Units Total 3
MLS Area 32
Lot Size Units Square Feet
Listing Terms Cash Owner May Carry
Year Built Details Effective Year Built
Tax Annual Amount 23975
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11729722
Standard Status Active
Occupancy Type Tenant
Total Actual Rent 175800
Property Sub Type Additional Quadruplex
Legal Description ALTON BEACH BAY FRONT RE-SUB PB 16-1 LOT 8 & E1/2 LOT 9 BLK 67 A LOT SIZE 75.000 X 100 OR 17892-3688 1097 4 COC 22840-4139 11 2004 1
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 0
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 2
Building Area Total 3581
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Coldwell Banker Realty

Broker

cuneo.roberto@gmail.com

Email

Affordability Calculator

$15,723
Per Month
87%
13%
0%
Monthly Principal & Interest
$13,725
Monthly Property Taxes
$1,998
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
10/31/2025 $2,200,000 Listed Price

Map


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1311 15th Ter, Miami Beach, FL, 33139 is a Multi-Family Home for sale at $2,200,000 with 3,581 sqft. 1311 15th Ter is a studio with 3.0 baths and was built in 1925. The property's zip code is 33139 which is in Miami Beach, FL