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Property
Beds
None
Full Baths
1
1/2 Baths
None
Year Built
1950
Sq.Footage
370
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.
Features & Amenities
Interior
-
Other Interior Features
Master Downstairs
-
Total Bedrooms
N/A
-
Bathrooms
1
-
Cooling YN
YES
-
Cooling
Other
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Other
-
Other Exterior Features
Balcony
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
-
View
Garden
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Stock Cooperative
-
Architectural Style
Other
Price
-
Sales Price
$168,000
-
Tax Amount
$1,980
-
Sq. Footage
370
-
Price/SqFt
$454
HOA
-
Association
Yes
-
Association Fee
$1,550
-
Association Fee Frequency
Quarterly
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Association Amenities
None, Hot Water, Laundry
-
Senior Community YN
NO
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Andrea Fernandez , Bruckman Realty, LLC
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Realtor
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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