$168,000
0 Beds · 1 Bath · 370 sqft
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.
Bedrooms
0
Bathrooms
1
Living Area
370 sqft
Heating
Central
Cooling
Other
Interior Features
Other
Exterior Features
Other, Open Balcony
Parking Details
None
Property Type
Stock Cooperative
MLS#
498490120
Year Built
1950
Area
2nd Ocean Front Sub
HOA/Maintenance
$517/mo
Days on Market
9
Monthly Payment
$1,558/mo
Listing courtesy of Bruckman Realty, LLC
Listing information is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Data last updated 7/6/2026. Listing provided courtesy of the Miami Association of REALTORS® MLS. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the MIAMI Association of REALTORS®.


