1321 15th St Miami Beach, FL $ 5,500,000
1321 15th St
$ 5,500,000
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1321 15th St

Miami Beach, FL, 33139
$ 5,500,000
Baths0.0 Sq 76

Monthly Estimate*

$ 34,313

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Studio

Multi-Family Home for sale in Miami Beach, FL

for $5,500,000. This 76 square foot home was built in 1951.

a fully licensed 14-unit short-term rental property located in the highly coveted West Avenue district of Miami Beach. This turnkey hospitality asset offers an exceptionally rare opportunity to acquire a legally operating STR building within one of the most supply-restricted and tightly regulated jurisdictions in the United States. The property has been modernized and professionally operated, featuring fully furnished units with contemporary finishes, kitchenettes, and on-site amenities designed to support seamless guest turnover. Positioned just steps from Lincoln Road, Flamingo Park, Sunset Harbor, and the ocean, 1321 15th Street benefits from year-round tourism demand, strong ADRs, and a proven operational track record. With protected zoning, existing licensing, and a stabilized revenue base, this opportunity provides both immediate cash flow and long-term value in a market where legal STR inventory remains extremely limited.

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Multi-Family Active

Price

$ 5,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 71,585

Style

Year Built

1951

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11931154

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available
Possession Close Of Escrow Negotiable
Roof Concrete
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1951
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Subdivision Name ALTON BEACH BAY FRONT RE-
Rent Includes Sewer Trash Collection Water
Status Active
City Miami Beach
Zoning Description 3900
MLS Area 32
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 71585
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11931154
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
Legal Description JACQUELINE CONDO UNIT CU UNDIV 0.9591116% INT IN COMMON ELEMENTS OFF REC 30221-317
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Interior
Flooring Hardwood Wood
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 2
Building Area Total 76
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Compass Florida, Llc

Broker

305-209-8866

Contact

Affordability Calculator

$40,278
Per Month
85%
15%
0%
Monthly Principal & Interest
$34,313
Monthly Property Taxes
$5,965
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
12/15/2025 $5,500,000 Listed Price

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1321 15th St, Miami Beach, FL, 33139 is a Multi-Family Home for sale at $5,500,000 with 76 sqft. 1321 15th St is a studio with 0.0 baths and was built in 1951. The property's zip code is 33139 which is in Miami Beach, FL