For SaleRisky Deal3 days on market

6450 COLLINS Avenue #704

6450 COLLINS Avenue #704, Miami Beach, FL 33141, Miami Beach, FL 33141
$369,900
Estimate®:$449,800$79,900 Under Market

Listing Price

Property image 1
6450 COLLINS Avenue #704, Miami Beach, FL 33141
Loc: Miami Beach, FL
Days Listed
3
Tax Assessed
$340k
Estimate®
$450k
18% Under Valued
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

7

Biscayne Elementary School

PK-5
1 mi away
5

Nautilus Middle School

6-8
2.4 mi away
5

Miami Beach Senior High School

9-12
3.4 mi away
Haven Underwritten Market·Moderate DSCR (0.60x)

Miami, FL Investment Analysis (2026)

Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

modernopen conceptmarble flooringbreakfast barbalconywater viewminimalistcontemporary kitchenpendant lightinghigh-risespaciouswhite cabinetrybrightluxury apartment

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.84%
Total ROI
85.9%
Cash Flow
$-118/mo
DSCR
0.94
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-118/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (5.8%)
  • Strong rental demand in Miami Beach
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-21Listed for sale$369,900$368
2022-04-14Listing removed$0
2022-04-08Price change$2,900$3
2022-03-27Listed for rent$3,200$3
2022-03-04Sold$369,900$368
2022-02-23Pending sale$369,900$368
2022-02-15Contingent$369,900$368
2021-12-22Listed for sale$369,900$368
2019-03-10Listing removed$1,895$2
2019-02-12Listed for rent$1,895$2
2018-01-07Listing removed$2,150$2
2017-12-11Listed for rent$2,150$2
2015-10-28Sold$272,500$271
2015-10-07Listed for sale$288,000$286
2015-09-06Listing removed$288,000$286
2015-08-28Listed for sale$288,000$286
2015-07-17Listing removed$293,999$292
2015-06-27Price change$293,999$292
2015-06-24Listed for sale$295,999$294
2012-04-10Listing removed$1,295$1
2011-09-03Listed for rent$1,295$1
2011-04-12Listing removed$1,250$1
2011-04-04Price change$1,250$1
2011-02-11Price change$1,295$1
2011-01-24Listed for rent$1,400$1
2010-12-01Listing removed$400,000$398
2007-10-19Sold$315,000$313

Tax History

YearProperty TaxTax Assessment
2025$6,705.97$357,458
2024$6,219.54$330,980
2023$6,072.26$321,340
2022$4,720.12$248,050
2021$4,353.99$225,500
2020$3,968.71$205,000
2019$3,972.6$205,000
2018$3,854.86$205,000
2017$3,854.86$225,604
2016$4,324.86$205,095
2015$4,124.71$167,466
2014$3,436.73$152,242
2013$2,575.54$138,402
2012$2,575.54$125,820
2011$2,604.35$125,818
2010$2,523.98$114,380
2009$3,599.93$175,000
2007$5,431.62$269,230
2006$4,571.46$0
2005$4,571.46$0
2004$3,882.34$0
2003$2,850.71$0
2002$2,334.15$0
2001$2,334.15$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
1
Baths
2
Sq Ft
1,006

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