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… Read More 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. Read Less
Courtesy of Bruckman Realty, LLC, Andrea Fernandez, 305-421-7294.
Listing Snapshot
Days Online
21
Last Updated
Property Type
Stock Cooperative
Full Baths
1
Square Ft.
370
Year Built
1950
MLS Number
A12026807
30 Days Snapshot Of 33141
$660k
-18%
(avg) sold price
15
+1,400%
homes sold
143
-74%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Gas Water Heater", "Gas Range", "Microwave", "Refrigerator"
Building
Built in 1950, Architectural style: "Other", Living area: 370, Construction materials: "Other", Toal building area: 370
Exterior Features
"Balcony"
Floors
"Ceramic Tile"
Heating
"Central"
Home Owner's Association
Association fee: $1,550, Association fee frequency: Quarterly, Association fee includes: "Hot Water", "Maintenance Grounds", "Sewer", "Trash", "Water", Association amenities: "Laundry", "None"
Pets Policy
Pets allowed: "Yes"
Property
View: "Garden"
Security Features
"Smoke Detector(s)", "None"
Taxes
Annual amount: $1,980
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