6490 Collins Ave 14, Miami Beach, FL 33141 — MLS photo

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6490 Collins Ave 14, Miami Beach, FL 33141

Active · StockCooperative

$145,000

6490 Collins Ave 14, Miami Beach, FL 33141

Beds
0
Baths
1
Living area
375 sq ft
$ / sq ft
$387/sq ft
Year built
1950
Lot size
—
HOA fee
$300 Monthly
Annual tax
$1,762

About this property

Rare opportunity to own a true mid-century gem in Miami. This charming studio is tucked inside a boutique two-story building with a shared tropical patio that captures the essence of old-school Miami living. Think retro character, vintage vibes, and laid-back courtyard atmosphere right in South Miami. The second floor unit features its own private balcony and the building is just across the street from the ocean, offering the easy, breezy beach lifestyle with lots of charm. While the building does not have parking, public parking is right across the street.

Property location

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6490 Collins Ave 14, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
375 sq ft
Flooring
Ceramic Tile
Appliances
Gas Range, Refrigerator
Cooling
Wall Window Units
Heating
None
Interior features
Second Floor Entry, Walk In Closets

Exterior & Structure

Property type
StockCooperative
Year built
1950
Stories
2
Architectural style
Garden Apartment
Construction
CBSConcrete Block Structure, Block
Exterior features
Courtyard, Fence, Storm Security Shutters
View
Garden, None

Parking

Garage spaces
0
Covered spaces
0
Parking features
Other

HOA, Community & Financials

Association fee
$300 Monthly
Fee inclusions
Common Areas, Maintenance Grounds
Amenities
Laundry
Security
Complex Fenced, Other
Pets allowed
Conditional, Yes
Annual tax
$1,762
Subdivision
BROADWATER BEACH ARMS I C
County
Miami-Dade
Days on market
60
MLS listing ID
A12014428
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

-$268

Cap rate
3.5%
Net yield
3.5%
Cash-on-cash return
-7.9%
Gross yield
8.9%
Mortgage payment
$687/mo
Down payment
$36,250
Loan amount
$108,750
Annual NOI
$5,037

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