6498 Collins Ave , Unit 41

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... Read more 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.