6498 Collins Ave Unit #41, Miami Beach, FL 33141

$168,000
1
BA
370
SqFt

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List Price
$168,000
MLS#
A12026807
Bathrooms
1
Sq. Ft
370
Subtype
Stock Cooperative
County
Miami-Dade
Community
2nd Ocean Front Sub
Subdivision
2nd Ocean Front Sub
Year Built
1950

Property Description

JUST LISTED! Steps from the ocean, this fully remodeled ground-floor co-op is located directly across Collins Ave with public beach access just minutes away. Income-producing property with an excellent long-term tenant already in place paying $1,550/month, providing immediate rental income from day one. Rare $168,000 opportunity in Miami Beach — extremely limited inventory in this price range along Collins Avenue, in a rapidly transforming corridor with strong ongoing redevelopment and new development activity. Low carrying costs with $258/month maintenance and approximately $2,000/year taxes, creating a highly efficient expense structure. With immediate rental income and low expenses, this property offers an attractive income-to-cost ratio for the informed buyer. Approximately 23 long years remain on the land lease, located in a beachfront corridor with continued redevelopment interest and long-term transformation potential along Collins Avenue. Ideal for cash buyers seeking location, immediate income, and a rare, hard-to-replace opportunity in Miami Beach.

Additional Information

Hoa
Yes
Hoa Amount
1550
Status Label
ACTIVE
Unit Floor Number
1
Construction
Other
Cooling
Other
Equipment
Microwave, Refrigerator
Flooring
Ceramic Floor
Heating
Central
Parking
None
Bedroom Description
Entry Level
Security
Smoke Detector, No Security
Taxes
$1,980
View
Garden View
Unit Number
41
Total Floors
2
Stories
2
Price Per Sqft
$454

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Calculator source: Real Geeks

Listing Courtesy Of Bruckman Realty, LLC, Contact: andrearealtyhome@gmail.com