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Alton Beach Bay Front Re

$5,500,000

1321 15th St, Miami Beach, FL 33139

Active
Last Updated: 12/16/2025

76 sqft

Building Size

14

Units

Details:
Building Size:    76 sqft
Units:    14
Year Built:    1951
Floors:    2
Parking Spots:    2
Gross Leaseable Area:    76
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Financial Statement, Investment Analysis
  • Architectural Style: Other
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Wood
  • Construction Materials: Concrete Block Construction
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.

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