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Waterfront · Condominium
$690,000$1,045 / sqft
2301 Collins Ave # 423, Miami Beach FL 33139
Listed
0
Bedrooms
1
Bathrooms
660 sqft
Interior
1926
Year built
$1,570 / mo
HOA
Condominium
Type
About this home
Very stylishly studio on the beach totally remodeled at the elegant and iconic Roney Palace, a 5-star Hotel/Resort in South Beach. Unit is rented until April 7th for $5,000. Laundry at the same flor. Totally furnished. Hot central water included. Barbecue area. Enjoy the Resort-Style luxurious Amenities including Rooftop, three (3) oceanfront acclimatized pools, Updated Fitness center and Bamford spa, sauna and sun deck, full beachside access with beach service, Playground, Restaurants and bars on site, and 24/7 security and concierge. Pet-friendly community, great corporate investment with minimum 30-day rentals, twelve (12) times a year. This is paradise! No Special Assessment
Features
- Interior Hall
- Elevator
- Other
- Barbeque
- Ocean View
- Other View
- Water View
Leasing
- Minimum lease
- 31 days
- Leases permitted per year
- 12
- Ok To Lease
- Okay To Lease 1st Year
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 $1,800–$3,000.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.