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Basics
- Bathrooms Half: 1
- Bathrooms Full: 2
- Lot Size Units: Square Feet
- Category: Residential
- Type: Condominium
- Status: Active
- Bedrooms: 2
- Bathrooms: 3
- Area: 1430 sq ft
- Year built: 1995
- MLS ID: A11206728
Description
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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
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Rooms & Units Description
- Unit Number: TH4
Location Details
- County Or Parish: Miami-Dade County
Property details
- Total Building Area: 1430
- 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
Miscellaneous
- Public Survey Township: 2
- Public Survey Section: 11
- Year Built Details: Condo-Hotel
- Virtual Tour URL: https://my.matterport.com/show/?m=jPBfonyJWH8&mls=1
Fees & Taxes
- Tax Annual Amount: 8732
- 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
- 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
Ask an Agent About This Home
This Condominium property located in 6345 Collins Ave TH4 Miami Beach FL 33141, is a Miami Residential Real Estate listing and is available on Miami Real Estate. This property is listed at $1,179,000, has 2 beds bedrooms and 3 baths bathrooms. This property was built in 1995.