2301 Collins Ave 1632, Miami Beach, FL 33139 — MLS photo

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2301 Collins Ave 1632, Miami Beach, FL 33139

Active · Condominium

$890,000

2301 Collins Ave 1632, Miami Beach, FL 33139

Beds
0
Baths
1
Living area
760 sq ft
$ / sq ft
$1,171/sq ft
Year built
1926
Lot size
—
HOA fee
$1,628 Monthly
Annual tax
$10,188

About this property

Rare opportunity to own a residence with stunning bay and sunset views. This updated unit features wood and marble flooring, a sleek open kitchen with GE stainless steel appliances, and upscale finishes throughout. One bedroom with French doors plus a separate office/den offers flexible living. Excellent income potential- The Roney Palace is among the few Miami Beach buildings permitting 30+ day Airbnb rentals. Enjoy a prime oceanfront location with shared access to 5-star 1 Hotel & Residences amenities, including pools, rooftop bar, dining, gym, and spa. Full-service building with valet, doorman, and beachfront lifestyle steps from Lincoln Rd and top attractions.

Property location

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2301 Collins Ave 1632, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
760 sq ft
Flooring
Hardwood, Marble, Wood
Appliances
Other
Cooling
Central Air
Heating
Central
Interior features
Wet Bar, Elevator, French Doors Atrium Doors, High Ceilings, Other, Pantry

Exterior & Structure

Property type
Condominium
Year built
1926
Stories
18
Architectural style
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Other
Pool
Heated
Waterfront
Canal Front, Intracoastal Access, Ocean Front
View
Bay, Canal, Intercoastal

Parking

Garage spaces
1
Covered spaces
1
Parking features
Valet

HOA, Community & Financials

Association fee
$1,628 Monthly
Fee inclusions
Cable Tv, Electricity, Maintenance Structure, Parking, Pest Control, Pools, Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash, Water
Amenities
Clubhouse, Pool, Spa Hot Tub, Elevators
Security
Door Man, Key Card Entry, Security Guard
Pets allowed
Conditional, Yes
Annual tax
$10,188
Subdivision
RONEY PALACE CONDO
County
Miami-Dade
Days on market
268
MLS listing ID
A11938896
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

-$3,781

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.2%
Gross yield
5.1%
Mortgage payment
$4,219/mo
Down payment
$222,500
Loan amount
$667,500
Annual NOI
$5,259

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