6498 Collins Avenue 41,Miami Beach, FL 33141
Miami Beach, FL 33141
Description
Steps from the ocean! This fully remodeled ground-floor co-op is located directly across Collins Avenue, with convenient public beach access just minutes away. An income-producing property with an excellent long-term tenant already in place paying $1,550/month, providing immediate rental income from day one.A rare $168,000 opportunity in Miami Beach, with extremely limited inventory in this price range along Collins Avenue. The property is situated in a rapidly transforming corridor with ongoing redevelopment and new development activity.Low carrying costs add to its appeal, with just $258/month in maintenance and approximately $2,000/year in property 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 years remain on the land lease, in a beachfront corridor experiencing continued redevelopment interest and long-term transformation along Collins Avenue.Ideal for cash buyers and investors seeking a Miami Beach location, immediate rental income, low carrying costs, proximity to the ocean, and a rare opportunity at a price point increasingly difficult to find along Collins Avenue.
Details
| MLS # | A12026807 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $258 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 154 |
| Listing Provided By | Bruckman Realty, LLC | Andrea Fernandez |
Features
| Bath(s) | 1 Total |
|---|---|
| SQ Feet | 370 |
| Story(s) | 2 |
| Property View | Yes |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 1980 |
|---|
Location
| Community Features | Home Owners Association |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33141 |
| Area | 2320 |
| Community Name | 2ND OCEAN FRONT SUB |
| Listing VS Median (in 2ND OCEAN FRONT SUB) | |
Price: $168,000 low | high Med: $84,775 sqft: 370 low | high Med: 370 $ / sqft: $454 low | high Med: $229 On site: 154 low | high Med: 114.5 | |
Market Activity 33141
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33141 |
| Area | 2320 |
| Community Name | 2ND OCEAN FRONT SUB |
| Listing VS Median (in 2ND OCEAN FRONT SUB) | |
Price: $168,000 low | high Med: $84,775 sqft: 370 low | high Med: 370 $ / sqft: $454 low | high Med: $229 On site: 154 low | high Med: 114.5 | |
