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6498 Collins Ave # 41, Miami Beach FL 33141

House For Sale
$168,000

BTC: 2.58461538

ETH: 88.29836438

65 days
1 ba
370 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
None
Year Built:
1950
Lot:
No Data
Heating:
Central
Price/sqft:
$454
Cooling:
Other
HOA:
$1,550

Valuation

Our model vs. what's actually selling nearby.
Estimate
$135,000
$119K – $152K
Confidence Medium
List vs. estimate
$33K above estimate
List $168,000 · +24.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$454
-56.9% vs. city median $1,054
Based on
9 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $429K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,980
2025
HOA
$1,550 (semi)
View
Garden View
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Other

    Appliances

    • Microwave

    • Refrigerator

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • None

    Property

    • Exterior Features: Other / Open Balcony

    Other Property Information

    • Parcel Number: 02-32-11-019-0050

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Stock Cooperative

  • Other financial information

    • HOA: $1,550

    • HOA Frequency: Semi

    • Annual tax amount: $1,980

  • Source details

    • MLS ID: A12026807

    Other facts

    • Construction Materials: Other

    • Laundry Features: Common Area

    • Patio And Porch Features: Open Balcony

    • Window Features: Hurricane Shutters

    • Living Area: 370

    • Subdivision Name: 2ND OCEAN FRONT SUB

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Bruckman Realty, LLC