Overview
- Stock Cooperative, Residential
- 1
- 370
- 1950
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.
Address
Open on Google Maps- Address 6498 Collins Avenue
- City Miami Beach
- State/county FL
- Zip/Postal Code 33141
- Area Miami-Dade
Details
Updated on July 31, 2026 at 9:09 am- Property ID: HZA12026807
- Price: $168,000
- Property Size: 370 Sqft
- Bathroom: 1
- Garage Size: x x
- Year Built: 1950
- Property Type: Stock Cooperative, Residential
- Property Status: Active, For Sale
Additional details
- Listing Terms: Cash
- Association Fee: 1550.0
- Cooling: Other
- Heating: Central
- Flooring: Ceramic Tile
- County: Miami-Dade
- Property Type: Residential
- Elementary School: Biscayne Beach
- Middle School: Miami Beach Nautilus
- High School: Miami Beach
- Community Features: Home Owners Association
- Architectural Style: Other
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