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Waterfront · Condominium
$690,000$1,045 / sqft
2301 Collins Ave. # 1023, Miami Beach FL 33139
Listed
0
Bedrooms
1
Bathrooms
660 sqft
Interior
1926
Year built
$1,560 / mo
HOA
Condominium
Type
About this home
Resort living in South Beach. Wake up to the horizon in this stunning 660 sq. ft. ocean-view studio. Located within the world-renowned Roney Palace. You’ll share an iconic oceanfront property with the 1 Hotel & Homes, blending bohemian chic with ultimate luxury. Indulge in a resort lifestyle that never ends: Poolside Bliss: 3 heated oceanfront pools with complimentary towel, chair, and umbrella service. Valet parking, high-speed internet, & cable TV are all included. On-site fine dining, cafes, and an optional state-of-the-art fitness center just steps away. Live where the sand meets the city’s best shopping and nightlife. This fully furnished gem is your gateway to the best of Miami. Special assessment de USD 150,08 x month, until April 2029 included on the HOA.
Features
- First Floor Entry
- Other
- None
- Water View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for studio rentals in Miami Beach, from 200 active listings; the middle half ask $1,850–$3,300.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter 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. We are not a lender and neither offer nor arrange financing. 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.