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2301 Collins Avenue # 1205, Miami Beach FL 33139
About this home
Southeast views overlooking the Roney Palace pool and out to the Ocean. Unit 1205 is an updated and stylishly furnished 1 bedroom, 1.5 bath at the iconic Roney Palace, sharing the same building as the 1 Hotel South Beach for true resort-style living. Enjoy access to 3 oceanfront pools, beach service, Anatomy Fitness, Bamford Spa, beach club & more. Flexible leasing up to 12Xs per year (30 day minimum). Sold fully furnished with assessments paid. On-site dining includes STK The Restaurant, AVIV Restaurant, Plnthouse Café, Watr Rooftop, Tala Beach Restaurant & The Sandbox Poolside Restaurant. Prime South Beach location steps from the ocean.
Features
- Lobby
- Built-in Features
- Walk-In Closet(s)
- Storage
- Balcony
- Open Balcony
- Ocean
- Pool
- Water
- Direct Ocean
- Ocean View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $7,964
- HOA
- $2,113 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
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Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.