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1321 15th StMiami Beach, FL 33139

For Sale

$5,100,000

Smart Buyer Rebate $51,000

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.

Listed by Arthur Porosoff

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License #3160379

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Compass Florida, LLC

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305-209-8866

Last updated April 09, 2026

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Source: MIAMIRE #A11931154

Listing Facts

  • TypeMulti-family
  • NeighborhoodWest Avenue
  • Days on Prevu137
  • Taxes$71,585/year
  • Size76 sqft
  • Price per sqft$67,105

Amenities

  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

04/09/2026
Price Decreased
$5,100,000
12/15/2025
Listed by Compass Florida, LLC
$5,500,000

Property Details for 1321 15th St

Association

General

  • Number Of Units In Community: 14

Exterior

Construction

  • Number Of Units Total: 14
  • Roof: Concrete
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Quadruplex, Fourplex
  • Year Built: 1951
  • Year Built Details: Resale
  • Architectural Style: Other
  • Building Name: ALTON BEACH BAY FRONT RE-
  • Construction Materials: Concrete Block Construction

Measurements

  • Building Area Total: 76
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 02-32-33-088-0150
  • Tax Annual Amount: $71,585.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Wood

Measurements

  • Living Area: 76
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: ALTON BEACH BAY FRONT RE-

Parking

Parking

  • Parking Total: 2

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1321 15th St.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 1321 15th St.

What are the annual taxes for 1321 15th St?

Annual taxes for this multi-family home are estimated at $71,585.

How does 1321 15th St compare to other multi-family homes in West Avenue?

This multi-family home is listed 90% above the average price for multi-family homes in West Avenue and has been on the market for 2 less days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is in the ALTON BEACH BAY FRONT RE- building.

What is the square footage on this multi-family home?

According to the MLS, this listing is 76 sqft.

1321 15th St is a -bedroom multi-family home for sale in Miami Beach FL 33139. Listed on Prevu for 137 days at $5,100,000. This includes a recent price decrease of $400,000. This home features 76 square feet of living space, located in West Avenue. The median listing price for multi-family homes in this area is $550,000. Property amenities include pets allowed, air conditioning, and parking. Explore more multi-family home listings in Miami Beach.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.