About this home
Discover this expansive and luxurious oceanfront residence, created by combining two units. This home has been completely remodeled, featuring an open kitchen with top-of-the-line appliances, Italian cabinetry, and white quartz countertops. The residence boasts continuous tile flooring, built-in closets, spacious rooms, and brand-new doors and baseboards. Located in the heart of South Beach, the Roney Palace is surrounded by world-class dining and shopping and is just a short walk from Lincoln Road. Owners have access to all three pools, the poolside bar, and all of the 1 Hotel amenities and restaurants. The building allows for rentals up to 12 times a year with a 30-day minimum stay
Features
- First Floor Entry
- Cooking Island
- Open Balcony
- Ocean View
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $14,664
- HOA
- $3,456 / 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.
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Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
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.