6498 Collins Ave APT 41, Miami Beach, FL, 33141
About This Home
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.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Construction materials: Other
Type & Style
- Home type: Cooperative
- Property subType: Stock Cooperative
Interior
Appliances
- Appliances included: Microwave,Refrigerator
- Laundry features: Common Area
Bedrooms & Bathrooms
- Bathrooms: 1
- Full bathrooms: 1
Features
- Other
- Window features: Hurricane Shutters
- Flooring: Ceramic Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Other
Interior Area
- Total structure area: 370
- Total interior livable area: 370 sqft
Property
Details
- Parcel number: 0232110190050
- Attached to another structure: Yes
Features
- Exterior features: Other,Balcony
- Has view: Yes
- View description: Garden
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Cold Wave
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $849 | $10,188 |
| Home Insurance * | $132 | $1,584 |
| Property Taxes | $261 | $3,132 |
| Electricity | $197 | $2,366 |
| Total | $1,439 | $17,268 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-29 | Listed for sale | $168,000 |
| 2024-07-01 | Listing removed | -- |
| 2024-05-15 | Listed for rent | $1,650 |
| 2020-09-01 | Listing removed | $1,250 |
| 2020-06-26 | Listed for rent | $1,250 |
| 2019-10-10 | Listing removed | $1,275 |
| 2019-08-26 | Listed for rent | $1,275 |
| 2019-07-03 | Listing removed | $1,450 |
| 2019-04-17 | Listed for rent | $1,450 |
| 2018-11-01 | Sold | $110,000 |
| 2018-10-05 | Pending sale | $130,000 |
| 2018-10-03 | Listed for sale | $130,000 |
| 2017-09-27 | Listing removed | $1,000 |
| 2017-08-29 | Price change | $1,000 |
| 2017-08-17 | Listed for rent | $1,200 |
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