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$395,000

Beds
Unknown
Baths
1.0
sq ft
360

6345 Collins Ave Unit 434, Miami Beach, FL 33141

6345 Collins Ave Unit 434

Miami Beach, FL 33141

  • 40 days on market
    • Price drop $100,000↓
Investor Opportunity! Direct ocean & pool views from this beautifully remodeled beach condo with a huge terrace. Perfect for Airbnb/VRBO, rent anytime—1 day or 1 week—generating an impressive $6,000/month or $72,000/year in short-term rental income. Unit features granite counters, 2-burner stovetop, microwave, fridge/freezer, and more. Located just 1 block from Millionaires Row and minutes from South Beach, with restaurants, shops, and a boardwalk all nearby. HOA is only $690/month, covering electricity, cable/internet, water, and trash. A fantastic investment deal!

Details

Property type

Condominium

Est. home value

$267,791

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$1,098

Year built

1948

Annual property taxes

$3,119

Monthly HOA fee

$690

Price History

10/22/2024
SEF

SEF #A11672458

Price change
$395,000
-20.2%
10/07/2024
SEF

SEF #A11672458

Listed
$495,000

Schools & Community

Neighborhood: 

North Shore

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Southtrust Bank

Loan start date

December 2003

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

6.05%

Loan type

New Conventional

Seller

Richard A Rodriguez and Maria C Cruz

Lender

Southtrust Bank

Loan start date

December 2003

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

6.05%

Loan type

New Conventional

Seller

Richard A Rodriguez and Maria C Cruz

Lender

Republic Natl Bk Miami

Loan start date

April 1995

Original loan amount

$52,000

Est. remaining balance

Not provided

Interest rate

8.62%

Loan type

Not Provided

Seller

Jose M Rodriguez and Virginia M Rodriguez

Lender

Republic Natl Bk Miami

Loan start date

April 1995

Original loan amount

$52,000

Est. remaining balance

Not provided

Interest rate

8.62%

Loan type

Not Provided

Seller

Jose M Rodriguez and Virginia M Rodriguez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/16/2024 at 6:55 PM

Listing updated: 10/22/2024 at 3:26 PM

Listed by: Chase Curson, Coldwell Banker Realty Phone #: (305) 672-6300

MLS: SEF #A11672458

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