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Waterfront · Condominium
$3,990,000$1,609 / sqft
2301 Collins Ave # 1432, Miami Beach FL 33139
Listed
3
Bedrooms
3
Bathrooms
2,480 sqft
Interior
1926
Year built
$5,847 / mo
HOA
Condominium
Type
About this home
Experience beachfront living in this extraordinary residence at the iconic Roney Palace and 1 Hotel South Beach. Spanning approximately 2,480 SF, this one-of-a-kind home combines three units into a seamless 3-bedroom, 3-bath masterpiece designed by renowned Italian designer Rafael Tierni. Offered fully furnished, the residence showcases exceptional craftsmanship, featuring designer Artefacto furnishings, custom Ornare cabinetry and closets, a sophisticated entertaining bar, Dekton countertops, and Italian porcelain wood-look flooring. The gourmet Boffi kitchen is appointed with elegant marble countertops, premium Miele appliances, and sleek custom cabinetry, creating the perfect setting for both everyday living and entertaining. Each spacious bedroom offers king-sized accommodations and spa-inspired baths. All furnishings are included, providing a truly turnkey opportunity. Residents enjoy exclusive access to the world-class amenities of the 1 Hotel, including oceanfront pools, private beach service, fitness center, award-winning restaurants, 24-hour valet, concierge services, and resort-style living in the heart of South Beach. Includes 3 valet parking spaces and in-unit laundry.
Features
- First Floor Entry
- Bar
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Split Bedroom
- Walk-In Closet(s)
- Other
- Open Balcony
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 3-bed rentals in Miami Beach, from 103 active listings; the middle half ask $9,000–$38,000.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.