Overview of 6345 Collins Ave, Miami Beach FL 33141
Year Built1995
Parking
Valet
Price/Sqft$755
PoolNo
Beds2
Bath2.5
Living Area1430 Sq. Ft.
Outdoor
Patio
Description
Unique 2 story TH unit w/ DIRECT pool & beach access from unit patio. Casablanca is one of only two buildings in Mid Beach that allows daily rentals through Airbnb & other platforms. Low HOA dues of $654/month. Current owner has just invested $50,000 in renovations and new furnishings. Cap rate of 7% based on pro-forma income of $87K/yr. Also, Casablanca has recently listed itself up for sale and is expecting multiple offers within 90 days from developers. Based upon recent purchase of the nearby Castle Beach for $500M, this unit should be worth $1.5M or more. Perfect opportunity to earn income through short-term rentals while waiting for a developer purchase
Property Features For MLS #A11206728
Listing Details
Condo-Hotel
Architecture
None
Utilies
None
Property
Residential
Condominium
Security
Smoke Detector
Doorman
Fire Alarm
Lobby Secured
Interior Features
Applicances
Dishwasher
Dryer
Microwave
Water Purifier
Refrigerator
Wall Oven
Washer
Interior
Lobby
First Floor Entry
Heating & Cooling
Central
Flooring
Tile
Fireplace
None
Exterior Features
Outdoor
Patio
Roofing
None
Lot
None
Construction
CBS Construction
Parking
Valet
Community Aspects
County
None
Association fee
654
Community
None
Finance & Tax Information For 6345 Collins Ave, Miami Beach FL 33141