7326 Collins Ave 208, Miami Beach, FL 33141 — MLS photo

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7326 Collins Ave 208, Miami Beach, FL 33141

Active · Condominium

$415,000

7326 Collins Ave 208, Miami Beach, FL 33141

Beds
2
Baths
1
Living area
644 sq ft
$ / sq ft
$644/sq ft
Year built
1940
Lot size
—
HOA fee
$670 Monthly
Annual tax
$5,806

About this property

Exceptional income-producing opportunity in the heart of North Beach. This fully furnished 2-bedroom, 1-bathroom condo is ideally located just one block from the beach and allows short-term rentals (Airbnb/Vrbo), offering immediate revenue potential from day one. The unit is turnkey and ready to operate, featuring a functional layout, bright living spaces, and comfortable accommodations that appeal to both vacationers and longer-term guests. Its prime location on Collins Avenue ensures consistent demand, with walking access to the beach, restaurants, cafés, and everyday conveniences. Situated in a secure, professionally managed building with controlled access, keypad entry, and surveillance, providing peace of mind for both owners and guests. North Beach continues to see strong growth and city investment, making this an attractive option for investors seeking appreciation and cash flow. With proximity to South Beach, Bal Harbour, Aventura, and Wynwood, this property benefits from year-round tourism and high rental demand. Ideal for investors looking to capitalize on Miami Beach’s thriving short-term rental market, while also offering flexibility for personal use.

Property location

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7326 Collins Ave 208, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
2
Bathrooms
1
Living area
644 sq ft
Flooring
Vinyl
Appliances
Dishwasher, Electric Range, Microwave
Cooling
Central Air
Heating
Other
Interior features
Bedroom On Main Level, Breakfast Area, Second Floor Entry, Eat In Kitchen, Living Dining Room, Tub Shower, Elevator

Exterior & Structure

Property type
Condominium
Year built
1940
Stories
3
Construction
Block
Exterior features
None
View
Other

Parking

Garage spaces
0
Covered spaces
0
Parking features
None

HOA, Community & Financials

Association fee
$670 Monthly
Fee inclusions
Common Areas, Hot Water, Maintenance Structure, Trash, Water
Amenities
None, Elevators
Security
Fire Alarm, Intercom, Lobby Secured
Pets allowed
Conditional, Yes
Annual tax
$5,806
Subdivision
WELWORTH CONDO
County
Miami-Dade
Days on market
204
MLS listing ID
A11985718
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,293

Cap rate
1.9%
Net yield
1.9%
Cash-on-cash return
-13.4%
Gross yield
6.7%
Mortgage payment
$1,967/mo
Down payment
$103,750
Loan amount
$311,250
Annual NOI
$8,089

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.