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$5,500,000

  • For Sale
  • Active
  • Multi-Family
  • 14 Units
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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.

Full Property Details for 1321 15th St

General

  • Price: $5,500,000
  • Taxes: $71,585 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11931154
  • Updated: 12/16/2025
  • Added to Site: 33 day(s) ago

Rental Information

  • Rent Includes: Sewer, Trash Collection, Water

Interior

  • Flooring: Wood

Parking

  • Total Spaces: 2

Location

  • Area: Alton Beach Bay Front Re-
  • County: Miami-Dade County
  • Subdivision: ALTON BEACH BAY FRONT RE-
  • Building Name: ALTON BEACH BAY FRONT RE-

Community

  • Community Name: Alton Beach Bay Front Re-
  • Units Assoc/Comm: 14

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Other
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Roof: Concrete
  • Stories/Levels: 2
  • Building Size: 76
  • Square Feet: 76
  • Living Area: 76 Sq. Ft.
  • Year Built: 1951

Unit Information

  • Units in Complex: 14

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: 3900

Financial Considerations

  • Price Per Sq. Ft.: $72,368.42
  • Tax Amount: $71,585
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Financial Statement, Investment Analysis
  • Legal Description: JACQUELINE CONDO UNIT CU UNDIV 0.9591116% INT IN COMMON ELEMENTS OFF REC 30221-317
  • Property ID: 02-32-33-088-0150

Listed by Compass Florida, LLC

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Listing agent

— 1321 15th St —

  • Compass Florida, LLC

305-209-8866

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1321 15th St

School District:Dade County School District
NameGradesDistance
Fienberg/Fisher K-8 Center
1420 Washington Avenue, Miami Beach, FL 33139
PK-50.7 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-81.9 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1321 15th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/15/2025
Listed
$5,500,000
1517.65%
MLS
10/23/2020
Sold
$340,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1321 15th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,381
2%
$286,340
3%
2023
$5,253
-2%
$278,000
—
2021
$5,368
3%
$278,000
—
2022
$5,223
—
$278,000
5%
2019
$5,227
—
$264,880
-5%
2018
$5,224
4%
$277,830
5%
2017
$5,039
—
$264,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Compass Florida, LLC

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1321 15th St, Miami Beach, FL 33139 (MLS# A11931154) is a Multi-Family property with 14 units containing 0 bedrooms and 0 full bathrooms. 1321 15th St is currently listed for $5,500,000 and was received on December 15, 2025. Want to learn more about 1321 15th St? Do you have questions about finding other Multi-Family real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

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