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1321 15th, Miami Beach FL 33139

Commercial For Sale
$3,985,000

BTC: 46.76132363

ETH: 1,594.00000000

21 days
0 room(s)

Overview

Turnkey Multi-Family Investment: 14 Legal Short-Term Rental Units in Miami Beach! Exceptional opportunity to acquire a fully operational hospitality asset at 1321 15th St. Situated in the supply-constrained West Avenue district, this building features 14 modernized, fully furnished units optimized for immediate, high-yield transient income. Legally zoned and fully licensed for short-term rentals—an incredibly rare find in this tightly regulated market. Units come equipped with kitchenettes and modern finishes tailored for high Average Daily Rates (ADR) and guest turnover. Unbeatable cash-flowing location just steps from Lincoln Road shopping, dining hubs in Sunset Harbour, and the ocean front. Don't miss this rare, stabilized portfolio booster! Please see broker remarks.

Location

Florida • Miami Beach • 33139 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
On Street
Year Built:
No Data
Lot:
6000 Square Feet
Heating:
Wall/Window Units
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$733,000
$600K – $2.0M
Confidence Low
List vs. estimate
$3.3M above estimate
List $3,985,000 · +443.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
11 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $375K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features

  • Flooring

    • Tile

    Heating

    • Wall/Window Units

    Cooling

    • Wall/Window Unit(s)

  • Parking

    • On Street

    Lot

    • Lot: 6000 Square Feet

    Other Property Information

    • Parcel Number: 02-32-33-088-0001

    • Zoning: 0000

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Source details

    • MLS ID: A12079959

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: In Residential Area

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33139
1,054
median $550K
Active
Same city
Miami Beach
2,514
median $639K
Active
Same type
Commercial
158
median $1.9M
Active
Similar price
$2.8M – $5.2M
211
median $3.9M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Elite Ocean View Realty LLC