6498 Collins Avenue 41, Miami Beach, FL 33141
Listing Snapshot
| List Price | $168,000 |
| Price / Sq Ft | $454 |
| Beds | 0 |
| Baths | 1 |
| Living Area | 370 sqft |
| Year Built | 1950 |
| Property Tax | $1,980/yr |
| HOA / Condo Fee | $1,550 / quarterly |
| MLS # | 1170305187 |
| Status | Active |
| Days on Market | 3 |
About This Home
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.
General Features
- Property Type
- Residential
- Sub-type
- StockCooperative
- Style
- Other
- Stories
- 2
- Security
- None,SmokeDetectors
- Subdivision
- 2ND OCEAN FRONT SUB
Interior Features
- Appliances
- GasRange,GasWaterHeater,Microwave,Refrigerator
- Flooring
- CeramicTile
- Heating
- Central
- Cooling
- Other
- Interior Features
- BedroomOnMainLevel,Other
Exterior Features
- Construction
- Other
- Exterior Features
- Balcony,OutdoorLivingArea
- Patio / Porch
- Open,Balcony
- View
- Garden
- Waterfront
- No
Community Features
- Community Features
- HomeOwnersAssociation
- Association Amenities
- Laundry,None
- Association Dues
- $1,550 / quarterly
- MLS Area
- 2320
Schools
Map
Virtual Tour
View Virtual TourMLS# 1170305187 · BEACH
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Estimate Your Payment
20% down · Loan: $134,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.