OFF MARKET

The Casablanca, 6345 Collins Ave #TH4, Miami Beach, FL 33141

$1,250,000
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2Beds
21/2Baths
1,430SqFt

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Details

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Status:
OFF MARKET
Parking: No info
Size: 1,430 SqFt (133 m2)
Price: $874/SqFt ($9,409/m2)
Type: Condo
Built: 1948
HOA: $690/MO
MLS Number: A11206728
View: Ocean
On Site: 1183 Days
Updated: 870 Days ago
Page Views: 0
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 $690/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. Current owner uses professional management company to handle all aspects of airbnb rentals. This is a perfect turnkey investment.
Features
Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: Balcony,Patio
  • View: Ocean
Interior, Heating and Cooling
  • Interior Features: FirstFloorEntry, MainLivingAreaEntryLevel, Other
  • Equipment / Appliances: BuiltInOven, Dryer, Dishwasher, Microwave, Refrigerator, WaterPurifier, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Tile
  • Year Built: 1948
  • Year Built Description: Condo-Hotel
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2022-05-18T17:52:12.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, CommonAreas, HotWater, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, RecreationFacilities, Security, Trash, Water
    • Taxes: 8732
    • Security Information: SmokeDetectors
    • Parking Description: Valet
    • Total Floors in Building: 11

    Price History

    03/25/2023

    Date

    Price Increased

    Event

    $1.3M

    Price

    13.64%

    Change Rate

    $874 ft2 / $9,409 m2

    Price Per

    03/11/2023

    Date

    Price Increased

    Event

    $1.1M

    Price

    17.15%

    Change Rate

    $769 ft2 / $8,280 m2

    Price Per

    01/12/2023

    Date

    Price Reduced

    Event

    $939K

    Price

    -3.69%

    Change Rate

    $657 ft2 / $7,068 m2

    Price Per

    12/18/2022

    Date

    Price Reduced

    Event

    $975K

    Price

    -2.4%

    Change Rate

    $682 ft2 / $7,339 m2

    Price Per

    11/09/2022

    Date

    Price Reduced

    Event

    $999K

    Price

    -7.41%

    Change Rate

    $699 ft2 / $7,520 m2

    Price Per

    10/11/2022

    Date

    Price Reduced

    Event

    $1.1M

    Price

    -8.48%

    Change Rate

    $755 ft2 / $8,122 m2

    Price Per

    06/23/2022

    Date

    Listed

    Event

    $1.2M

    Price

    $824 ft2 / $8,875 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Claudia Castano • Miller Eaton LLC • Buyer Agency Compensation .

    Instant Comps

    $300/ft²
    $500/ft²
    $800/ft²
    $1,000/ft²

    Unit #TH4 – Asking

    $874/ft²

    (+67%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $524/ft²
    Community $/Price Range (Closed) $478/ft² – $703/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 40/01,430$524EastOcean$750,0004/11/2024
    Unit: # 4
    Bed/Bath: 0/0Size SqFt: 1,430$/SqFt: $524Exposure: EastView: OceanSold: $750,000Closed Date: 4/11/2024
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