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$3,985,000 Just Listed
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Property Description
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!
Full Property Details
Full Property Details for 1321 15th
General
- Price: $3,985,000
- Status: Active
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A12079959
- Updated: 8/31/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Apartments, Residential-Multi-Family
Interior
- Flooring: Tile
Additional Information
- Security/Safety: Security Fence, Security System
Parking
- Parking Features: On Street
Location
- County: Miami-Dade County
Community
- Units Assoc/Comm: 14
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall/Window Units
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- Structure Type: Free Standing
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Other
- Building Size: 7924
- Other Struct. Feat.: Exterior Lighting, Landscaped
Unit Information
- Units in Complex: 14
Lot Features
- Lot Size (Sq. Ft.): 6,000
- Lot Features: In Residential Area
- Fencing (Description): Fenced
Financial Considerations
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: JACQUELINE CONDO ALTON BEACH REALTY CO'S BAY FRONT SUB RESUB OF BLKS 67 & 79 W10FT OF LOT 9 & ALL OF LOT 10 BLK 67B PB 16-1 AS DESCC IN DECL
- Inclusions: Fixtures, Furniture, Furniture/Fixtures
- Property ID: 02-32-33-088-0001
Listed by Elite Ocean View Realty LLC
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Schools
Schools serving 1321 15th
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Fienberg/Fisher K-8 Center 1420 Washington Avenue, Miami Beach, FL 33139 | PK-5 | 0.7 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 1.9 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1321 15th
Date
Details
Price
Change
Source
8/31/2026
Listed
$3,985,000
1185.48%
MLS
10/23/2020
Sold
$310,000
—
Public Record
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
Tax History for 1321 15th
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,137
—
$220,500
—
2024
$4,143
4%
$220,500
5%
2023
$3,968
1%
$210,000
—
2022
$3,946
-3%
$210,000
—
2021
$4,055
10%
$210,000
17%
2019
$3,694
-6%
$179,300
-15%
2018
$3,945
4%
$209,790
5%
2017
$3,805
—
$199,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1321 15th
1321 15th, Miami Beach, FL 33139 (MLS# A12079959) is a Apartment property. 1321 15th is currently listed for $3,985,000 and was received on August 31, 2026. Want to learn more about 1321 15th? Do you have questions about finding other Apartment 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.

