2301 Collins Ave 1531, Miami Beach, FL 33139 — MLS photo

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2301 Collins Ave 1531, Miami Beach, FL 33139

Active · Condominium

$850,000

2301 Collins Ave 1531, Miami Beach, FL 33139

Beds
0
Baths
1
Living area
760 sq ft
$ / sq ft
$1,118/sq ft
Year built
1926
Lot size
—
HOA fee
$1,562
Annual tax
—

About this property

Spacious studio residence spanning 760 square-feet with inspiring city skyline views that extend to Biscayne Bay. Situated inside the same building as the luxurious 1 Hotel, Roney Palace residents enjoy the best of South Beach with access to 3 oceanfront swimming pools, a hot tub and beach service. Onsite restaurants include Habitat, STK South Beach, Plnthouse organic café, WTR at the Rooftop and more! Home to SoulCycle, Anatomy Gym, high-end spa, salon and retail fashion boutiques. Valet parking, full-time security, laundry on every floor, onsite management office.

Property location

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2301 Collins Ave 1531, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
760 sq ft

Exterior & Structure

Property type
Condominium
Year built
1926

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,562
County
Miami-Dade
MLS listing ID
A11798040
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$4,098

Cap rate
-0.1%
Net yield
-0.1%
Cash-on-cash return
-20.7%
Gross yield
5.2%
Mortgage payment
$4,029/mo
Down payment
$212,500
Loan amount
$637,500
Annual NOI
-$819

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.