6498 Collins Ave Unit #41, Miami Beach, FL 33141
- $168,000
- 1
- BA
- 370
- SqFt
- List Price
- $168,000
- MLS#
- A12026807
- Complex Name
- 2nd Ocean Front Sub
- Status
- ACTIVE
- Type
- Condo
- Full baths
- 1
- Living Area
- 370
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.
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Additional Information
- Days on Market
- 63
- Interior Features
- Other
- Tax Amount
- $1,980
- Parcel Number
- 02-32-11-019-0050
- Bedroom Description
- Entry Level
- Exterior Features
- Other, Open Balcony
- Association Fee
- $1550
- Unit View
- Garden View
- Parking Restrictions
- None
- Unit Number
- 41
- SqFt Liv Area
- 370
- Amenities
- None
- Year Built
- 1950
- Style
- Co-Op 1-4 Stories, Co-Op
- Restrictions
- Ok To Lease
- Development Name
- 2nd Ocean Front Sub
- Construction Type
- Other
- Section
- 11
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Listing Courtesy of Bruckman Realty, LLC, Contact: andrearealtyhome@gmail.com