6498 Collins Ave # 41, Miami Beach, FL 33141

About 6498 Collins Ave # 41, Miami Beach, FL 33141

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.

How This Listing Compares in Miami Beach

Per square foot, it is asking 26% below the Miami Beach median for sales closed over the last twelve months — worth a closer look at condition, floor and association costs.

Medians from closed MLS sales in Miami Beach; a starting point, not an appraisal.

Home Features at 6498 Collins Ave # 41, Miami Beach, FL 33141

Bathrooms Full

1

Bathrooms Half

0

Interior Features

Other

Appliances

Microwave, Refrigerator

Flooring

Ceramic Floor

Heating

Central

Cooling

Other

Garage Spaces

0

Parking Features

None

Pool Private

No

Year Built Details

Unknown

Property Condition

Completely Renovated

The Building at 6498 Collins Ave # 41, Miami Beach, FL 33141

Building Name

2ND OCEAN FRONT SUB

Building Area Total

370

Building Area Units

Square Feet

Stories Total

2

Entry Level

1

Association

Yes

Association Fee

$258

Association Fee Frequency

Monthly

Association Amenities

None

Security Features

Smoke Detector, No Security

Lot, Views & Construction at 6498 Collins Ave # 41, Miami Beach, FL 33141

Lot Size Square Feet

0

Waterfront

No

View

Garden View

Construction Materials

Other

Exterior Features

Other, Open Balcony

New Construction

No

Taxes & Public Record for 6498 Collins Ave # 41, Miami Beach, FL 33141

Parcel Number

02-32-11-019-0050

Tax Annual Amount

$1,980

Tax Year

2,025

Tax Legal Description

2ND OCEAN FRONT SUB PB 28-28 LOT 19 BLK 7 BROADWATER BEACH ARMS #3 INC - CO-OP #41 1 SHARE OF 18 OR 20226-3106 0202 1

County Or Parish

Miami-Dade County

Map & Neighborhood