$5,500,000

$72368/sq ft

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Overview

Year Built

1951

Sqft

76

Property Type

Quadruplex

Property Description

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.

Property Details

MLS#

A11931154

Total Floor in Bldg

2

Address

1321 15th St

City

Miami Beach

State/county

FL

Zip/Postal Code

33139

Area

Alton Beach Bay Front Re-

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$71,585

Maint Fee

$--

Tax Year

2025

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Boris Gelfand