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Waterfront · Condominium
$1,210,000$1,375 / sqft
2301 Collins Ave # 504, Miami Beach FL 33139
Listed
1
Bedrooms
2
Bathrooms
880 sqft
Interior
1926
Year built
$1,924 / mo
HOA
Condominium
Type
About this home
LUXURIOUS OCEANFRONT RESIDENCE AT RONEY PALACE – FOR SALE: $1,350,000 Available for immediate occupancy. Prime Location: Immerse yourself in the vibrant energy of South Beach, with fine dining, upscale shopping, and cultural experiences just moments away. Resort-Style Amenities: Indulge in three pristine oceanfront pools, inviting hot tubs, and a lavish pool deck with premium poolside food & beverage service. Exclusive Services & Comfort: Experience the convenience of 24/7 concierge, valet parking, and a state-of-the-art gym offering special resident rates. Enjoy the newly renovated lobby, valet area, and the grand reopening of the South Pool. Elevate your lifestyle with this unparalleled beachfront residence – the pinnacle of luxury living in South Beach.
Features
- Lobby
- Elevator
- Walk-In Closet(s)
- Open Balcony
- Direct Ocean
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Okay To Lease 1st Year
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
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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,350–$4,500.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.