6498 Collins Avenue Unit 41, Miami Beach, FL 33141
- $168,000
- 1
- BA
- 370
- SqFt
- List Price
- $168,000
- MLS#
- A12026807
- Foreclosure
- Yes
- Bathrooms
- 1
- Sq. Ft
- 370
- Subtype
- Stock Cooperative
- County
- Miami-Dade
- Subdivision
- 2nd Ocean Front Sub
- Region
- 2320
- 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.
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Additional Information
- Hoa Fee
- $1,550
- Hoa Freq
- Semi-Annually
- Heating
- Central
- Cooling
- Other
- Exterior Features
- Balcony, Outdoor Living Area
- Community Features
- Home Owners Association
- Flooring
- Ceramic Tile
- Construction
- Other
- Living Area
- 370
- Elementary School
- Biscayne Beach
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
- Pets Allowed
- Yes
Listing courtesy of Bruckman Realty, LLC. Contact: