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1321 15th St, Miami Beach, FL, 33139

--beds
--baths
76sqft
$5,100,000
$67,105price/sqft
$33,955/moest. monthly cost
$1,358,200/yrincome needed

About This Home

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.

Getting Around

94
WalkingWalker's Paradise
48
TransitSome Transit
81
BikeVery Bikeable

Schools

5/10
4/10
5/10
Nautilus Middle SchoolGrades 6-81.9 mi

Construction

Condition

  • Year built: 1951

Materials

  • Roof: Concrete
  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Quadruplex

Interior

Features

  • Flooring: Wood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 76
  • Total interior livable area: 76 sqft

Property

Details

  • Parcel number: 0232330880150
  • Zoning: 3900

Features

  • Stories: 2

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 2