Atlantic Luxury Advisors
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14 photos

7326 Collins Ave #208

Miami Beach, FL 33141

$428,000
2
1
644 sq ft
1940
Condominium
$670/mo
150
Active

Listing courtesy of Lumer Real Estate (Luciana Gortari Vammalle). Contact: [email protected].

About this home

Exceptional income-producing opportunity in the heart of North Beach. This fully furnished 2-bedroom, 1-bathroom condo is ideally located just one block from the beach and allows short-term rentals (Airbnb/Vrbo), offering immediate revenue potential from day one. The unit is turnkey and ready to operate, featuring a functional layout, bright living spaces, and comfortable accommodations that appeal to both vacationers and longer-term guests. Its prime location on Collins Avenue ensures consistent demand, with walking access to the beach, restaurants, cafés, and everyday conveniences. Situated in a secure, professionally managed building with controlled access, keypad entry, and surveillance, providing peace of mind for both owners and guests. North Beach continues to see strong growth and city investment, making this an attractive option for investors seeking appreciation and cash flow. With proximity to South Beach, Bal Harbour, Aventura, and Wynwood, this property benefits from year-round tourism and high rental demand. Ideal for investors looking to capitalize on Miami Beach’s thriving short-term rental market, while also offering flexibility for personal use.

What it costs to own
Estimated monthly payment
$3,697/mo
Principal and interest
$2,164
Property tax
$596
Homeowners insurance
$267
HOA
$670

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$7,155/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$670/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.