6498 Collins Avenue, #41, Miami Beach, FL, 33141
0 beds
1 Full baths
1950
Other
370 sqft
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.
Status:
Active
Type:
Stock Cooperative
Complex:
2ND OCEAN FRONT SUB
Heating:
Central
Cooling:
Other
Levels:
2
Common Charge:
$1,550 Quarterly
Est. Taxes:
$1,980
HOA Fee
$1,550
Construction
Other
View Description:
Garden
Amenities:
Laundry, None
Elementary School:
Biscayne Beach
Middle School:
Miami Beach Nautilus
High School:
Miami Beach
Days on Market:
39
Pet Policy:
Yes
Appliances:
Gas Water Heater, Gas Range, Microwave, Refrigerator
MLS #:
A12026807
Community Info
School Info
Walk Score
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Listing courtesy of BRUCKMAN REALTY, LLC 305-421-7294