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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.
FORECLOSURE
| DAYS ON MARKET | 3 | LAST UPDATED | 5/28/2026 |
|---|---|---|---|
| TRACT | 2ND OCEAN FRONT SUB | YEAR BUILT | 1950 |
| COMMUNITY | 32 | COUNTY | Miami-Dade |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| ADDITIONAL DETAILS | |
| AIR | Other |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Maintenance Structure, Sewer, Trash, Water |
| APPLIANCES | Microwave, Refrigerator |
| AREA | 32 |
| CONSTRUCTION | Other |
| EXTERIOR | Balcony |
| HEAT | CENTRAL |
| HOA DUES | 1550 |
| INTERIOR | Master Downstairs |
| LOT | 0 |
| PARKING | None |
| STORIES | 2 |
| STYLE | Other |
| SUBDIVISION | 2ND OCEAN FRONT SUB |
| TAXES | 1980 |
| VIEW | Yes |
| VIEW DESCRIPTION | Garden |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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Listed with Bruckman Realty, LLC
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