Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6498 Collins Ave, Unit 48 Miami Beach, FL 33141

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,600 /Mo

    Furnished 370 sq ft studio, steps from the beach.

    Building Details

    Year built
    1950

    We can help!

    Listing Contact
    Pablo Rainer
    Pablo Rainer
    Source: Elliman

    Listing Agent: Pablo Rainer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Furnished Studio Near Miami Beach

    This furnished studio apartment offers 370 square feet of living space. The property is located on Collins Avenue and 64th Street, placing it near the beach, supermarkets, entertainment venues, and restaurants in Miami Beach. A balcony provides outdoor space. The unit is available for a minimum rental period of six months and is suitable for one or two residents.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.12033
    Latitude
    25.848367

    Nearby Similar for Lease

    • $14,000 /Mo

      Turnkey Restaurant Space in Miami Beach

      Equipped restaurant space for lease in high-traffic Miami Beach.
      1216 Washington Ave, Miami Beach, FL 33139
      View Details
    • $5,000 /Mo

      Landmark Miami Beach Office Space

      Prime office and retail spaces in iconic, highly visible building.
      4100 Pine Tree Dr, Miami Beach, FL 33140
      View Details
    • $12,000 /Mo

      Miami Beach Retail Space Available

      Retail space in high-traffic Miami Beach location, ideal for boutiques.
      1218 Washington Ave, Miami Beach, FL 33139
      View Details
    • $37,000

      Miami Beach Office with Terrace

      Sophisticated office space with high ceilings and outdoor terrace.
      6930 Collins Ave, Miami Beach, FL 33141
      View Details
    • $8,000 /Mo

      Miami Beach Office Space For Lease

      Office spaces available in North Beach with flexible configurations.
      6930 Collins Ave, Miami Beach, FL 33141
      View Details
    • $65 SF/Yr

      Miami Beach Office For Lease

      Office space for lease in a premier South Beach location.
      1355 Alton Rd, Miami Beach, FL 33139
      View Details
    • $2,859 /Mo

      Miami Beach Office Space For Lease

      Office spaces available in North Beach with flexible lease terms.
      6936 Collins Ave, Miami Beach, FL 33141
      View Details
    • $80 SF/Yr
      80,546 SF

      Lincoln Road Modern Office Space

      Premier office space for lease in the heart of Miami Beach.
      605 Lincoln Rd, Miami Beach, FL 33139
      View Details
    • $1,500 /Mo

      North Beach Shared Office Solution

      Short-term shared office spaces in North Beach, available for lease.
      6930 Collins Ave, Miami Beach, FL 33141
      View Details
    • $899 /Mo
      11,252 SF

      Miami Beach Serviced Executive Offices

      Fully serviced executive office suites in vibrant Miami Beach location.
      1680 Meridian Ave, Miami Beach, FL 33139
      View Details
    • New
      $1,500 /Mo

      Miami Beach Shared Office Space

      Shared office space in oceanfront condo, ideal for medical use.
      2555 Collins Ave, Miami Beach, FL 33140
      View Details
    • $29,914

      Lincoln Road Office Space Available

      Prime office space on Lincoln Road's busiest corner.
      420 Lincoln Rd, Miami Beach, FL 33139
      View Details

    FAQs

    What type of property is this?
    Apartment building - Furnished 370 sq ft studio, steps from the beach.
    Where is this apartment building located?
    The property is located at 6498 Collins Ave, Unit 48 Miami Beach, FL.
    What are key features of this property?
    This property features: - Prime location: Steps from the beach, supermarkets, entertainment, and restaurants on Collins Avenue and 64th Street in Miami Beach.; - Furnished 370 sq ft studio: Move-in ready and ideal for one or two residents.; - Balcony with ocean breezes: Enjoy outdoor space and coastal living.
    (786) 282-1495
    Request Owner's contact information
    6498 Collins Ave, Unit 48 Miami Beach, FL 33141
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6498 Collins Ave, Unit 48
    Miami Beach, FL 33141
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6498 Collins Ave, Unit 48 Miami Beach, FL 33141
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Pablo Rainer
    Pablo Rainer
    (786) 282-1495
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.