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Waterfront · Condominium
$3,690,000$2,250 / sqft
2301 Collins Ave # 415, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,640 sqft
Interior
1926
Year built
$3,556 / mo
HOA
Condominium
Type
About this home
Rare opportunity at the iconic Roney Palace! This truly one-of-a-kind combined residence offers approximately 1,650 SF of sophisticated living space with 2 bedrooms + den and 2 full baths. Completely renovated from top to bottom with a stunning Italian-inspired design, every detail has been thoughtfully reimagined. Enjoy brand-new finishes throughout, elegant bathrooms, custom walk-in closets, impact windows, and an exceptional attention to quality and style. Wake up to breathtaking direct oceanfront views and enjoy seamless access to the world-class amenities of 1 Hotel South Beach, including three resort-style pools, a full-service spa, state-of-the-art fitness center, private beach service, and valet parking. Ideally located at 23rd Street and Collins Avenue, just steps from the beach and Lincoln Road. This is the ONLY combined residence of this size in the building—an exceptionally rare offering that truly must be seen to be appreciated. A unique opportunity to own a completely reimagined oceanfront residence in one of South Beach’s most iconic addresses. Don’t miss it!
Features
- First Floor Entry
- Closet Cabinetry
- Cooking Island
- Walk-In Closet(s)
- Den/Library/Office
- Other
- Open Balcony
- Garden View
- Ocean View
- Pool Area 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 $3,500–$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.