Home for Sale
$174,500
0 bd · 1 ba · 450 sqft
1525 Meridian Ave # 106, Miami Beach, FL 33139
Wallian Co-Op
Miami Beach, FL 33141 · MLS# A12026807 · Active · 2ND OCEAN FRONT SUB
Steps from the ocean! This fully remodeled ground-floor co-op is located directly across Collins Avenue, with convenient public beach access just minutes away. An income-producing property with an excellent long-term tenant already in place paying $1,550/month, providing immediate rental income from day one. A rare $168,000 opportunity in Miami Beach, with extremely limited inventory in this price range along Collins Avenue. The property is situated in a rapidly transforming corridor with ongoing redevelopment and new development activity. Low carrying costs add to its appeal, with just $258/month in maintenance and approximately $2,000/year in property taxes, creating a highly efficient expense structure. With immediate rental income and low expenses, this property offers an attractive income-to-cost ratio for the informed buyer. Approximately 23 years remain on the land lease, in a beachfront corridor experiencing continued redevelopment interest and long-term transformation along Collins Avenue. Ideal for cash buyers and investors seeking a Miami Beach location, immediate rental income, low carrying costs, proximity to the ocean, and a rare opportunity at a price point increasingly difficult to find along Collins Avenue.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
6498 Collins Ave # 41, Miami Beach, FL 33141 · See all Miami Beach homes for sale
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WALLIAN CO-OP APTS INC
6498 Collins Ave # 41 is a stock cooperative for sale in Miami Beach, FL 33141. This property was listed for sale on May 28, 2026 by Bruckman Realty, LLC, it's currently listed at $168,000. This listing's school district is Miami-Dade County Public Schools. 6498 Collins Ave # 41 is a 0-bed, 1-bath, 370 sqft stock cooperative built in 1950.