2ND Ocean Front Sub Unit 41 For Sale
Property Details
| Asking Price | $168,000 |
|---|---|
| Price per SqFt | $454 |
| Maintenance Fee | $258 Monthly |
| Property Taxes | $1,980 2025 |
| Interior Space | 370 SqFt |
| Beds/Baths | 0/1 |
| Year Built | 1950 |
| MLS # | A12026807 |
Location
From the listing
Steps from the ocean! This fully remodeled ground-floor co-op is located directly across Collins Avenue, with convenient public beach access just minutes away. An income-producing property with an excellent long-term tenant already in place paying $1,550/month, providing immediate rental income from day one.A rare $168,000 opportunity in Miami Beach, with extremely limited inventory in this price range along Collins Avenue. The property is situated in a rapidly transforming corridor with ongoing redevelopment and new development activity.Low carrying costs add to its appeal, with just $258/month in maintenance and approximately $2,000/year in property 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 years remain on the land lease, in a beachfront corridor experiencing continued redevelopment interest and long-term transformation along Collins Avenue.Ideal for cash buyers and investors seeking a Miami Beach location, immediate rental income, low carrying costs, proximity to the ocean, and a rare opportunity at a price point increasingly difficult to find along Collins Avenue.
Listed by Bruckman Realty, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $258 a month; taxes $1,980 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 2ND Ocean Front Sub Unit 41
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A10548716 | $110,000 | 11/1/18 |
Listed by Bruckman Realty, LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
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6498 Collins Avenue 41, Miami Beach · MLS A12026807 · $168,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.