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$5,100,000
Est. payment /mo
76 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 76 sqft
Price per Sqft $67,105
MLS Listing ID 11619258
Year Built 1951
Annual Tax Amount $71,585
Tax Year 2025
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.
Location
State FL
County Miami-dade County
Rooms
Dining Room 0
Kitchen 0
Building
Story 2
Sewer Municipal
Structure Type Masonry - Concrete Block
Others
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