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.
Compass Florida, LLC
Features & Details
Learn about the features and details of 1321 15th St
Discover this impressive quadruplex in the heart of Miami Beach. This well-appointed property offers 76 square feet of living space. Originally built in 1951. Offered at $5,500,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 1321 15th St
What is the square footage of this property?
1321 15th St, MLS® A11931154 has a size of 76 sqft.
How many bedrooms and bathrooms does this home have?
There are bedrooms and bathrooms in this Multifamily at 1321 15th St, MLS® A11931154.
Does this property have parking available?
Yes, there is parking available with 2 spot(s).
What are annual taxes for 1321 15th St?
Annual taxes for this home are $71,585 based on 2025 tax year reports.
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.