6345 Collins Ave TH4 Miami Beach FL 33141

$ 1,179,000.00

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Quick Info

MLS #: A11206728 Post Updated: 2022-08-23 19:14:02 Bedrooms: 2 Bathrooms: 3
Bathrooms Half: 1 Bathrooms Full: 2 Area: 1430 sq ft Lot Size Units: Square Feet
Year built: 1995 Status: Type:

Rooms & Units Description

  • Unit Number: TH4

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

Location Details

  • County Or Parish: Miami-Dade County

Property details

  • Total Building Area: 1430 sq ft
  • Subdivision Name: THE CASABLANCA CONDO
  • Parcel Number: 02-32-11-064-0040
  • Possession: Closing & Funding

Property Features

  • Exterior Features: Balcony,Patio
  • Interior Features: First Floor Entry,Main Living Area Entry Level,Other
  • Laundry Features: Washer Hookup,Dryer Hookup
  • Waterfront Features: Ocean Access,Ocean Front
  • Pool Features: Association
  • Parking Features: Valet
  • Security Features: Smoke Detector(s)
  • Appliances: Built-In Oven,Dryer,Dishwasher,Microwave,Refrigerator,Water Purifier,Washer
  • Association Amenities: Fitness Center,Pool
  • Construction Materials: Block
  • Cooling: Central Air
  • Cooling Y/N: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Heating: Central
  • Heating Y/N: 1
  • Pets Allowed: Conditional,Yes
  • View: Ocean
  • View Y/N: 1
  • Entry Level: 1
  • Entry Location: 1
  • Patio and Porch Features: Balcony,Open,Patio
  • Property Attached Y/N: 1
  • Waterfront Y/N: 1
  • Stories Total: 11

Fees & Taxes

  • Tax Annual Amount: $ 8,732.00
  • Tax Year: 2021
  • Tax Legal Description: THE CASABLANCA CONDO UNIT TH-4 UNDIV 0.0033507 % INT IN COMMON ELEMENTS OFF REC 16540-71 OR 20093-1897 1101 1 COC 23578-2196 06 2005 1
  • Association Fee: $ 654.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Amenities,Common Areas,Hot Water,Maintenance Grounds,Maintenance Structure,Pest Control,Pool(s),Recreation Facilities,Security,Trash,Water

Miscellaneous

  • Public Survey Township: 2
  • Public Survey Section: 11
  • Syndication Remarks: Unique 2-story townhouse unit at the Casablanca Miami Beach with DIRECT pool and beach access from the unit patio that ALLOWS daily rentals!
  • Year Built Details: Condo-Hotel
  • Virtual Tour URL: https://my.matterport.com/show/?m=jPBfonyJWH8&mls=1

Disclaimer

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This property located in , is a Miami Real Estate listing and is available on Miami Real Estate. This property is listed at $ 1,179,000.00, has 2 beds bedrooms, 3 baths bathrooms, and has a 1430 sq ft area. This property was built in 1995.

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