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Waterfront · Condominium
$1,610,000$1,789 / sqft
2301 Collins Ave # 1019, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
900 sqft
Interior
1926
Year built
$2,139 / mo
HOA
Condominium
Type
About this home
Beautifully remodeled and thoughtfully converted 2-bedroom, 2-bath residence at the iconic Roney Palace, offering the coveted 1 Hotel South Beach lifestyle. Residents enjoy access to exceptional resort-style amenities, including pools, beach service, fitness and wellness offerings (rooftop pool excluded), plus 10% savings at participating 1 Hotel dining and wellness venues. The residence features a brand-new A/C system and no current special assessments. Adding immediate income potential, the unit has existing seasonal rental commitments totaling $56,000 in gross rental income—4 months at $14,000/month. An exceptional opportunity to own a renovated Miami Beach residence with immediate rental income in one of South Beach’s most desirable oceanfront destinations
Features
- Interior Hall
- First Floor Entry
- Elevator
- Pantry
- Family Room
- Utility Room/Laundry
- East Of Us1
- Open Balcony
- Garden View
- Ocean View
- Pool Area View
- Water View
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 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,600–$10,000.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.