Interior
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 660 sq ft
Active · Condominium
$630,000
2301 Collins Ave 543, Miami Beach, FL 33139
- Beds
- 0
- Baths
- 1
- Living area
- 660 sq ft
- $ / sq ft
- $955/sq ft
- Year built
- 1926
- Lot size
- —
- HOA fee
- $1,408
- Annual tax
- —
About this property
Direct ocean View studio with tenant in place willing to stay; Immediate cashflow Lowest price /SQ foot in the building; excellent opportunity to own an oceanfront studio in the iconic Roney Palace. This 660-sq-ft unit offers unobstructed, direct Ocean views through large windows — a front-row experience to sunrise The unit was updated a decade ago and now presents an excellent canvas for a tasteful renovation to create a modern, turnkey beach pied-à-terre or an investor income unit. Cable and WIFI included On-site restaurants include Habitat, STK, Planthouse organic cafe, Watr at the rooftop and more! Home to Soul Cycle, Anatomy Gym, high end spa and retail fashion boutiques. Valet and full-time security. 30 day rental allowed.
Property location
Get Directions2301 Collins Ave 543, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1926
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,408
- County
- Miami-Dade
- MLS listing ID
- A11963966
- 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
-$3,131
- Cap rate
- -0.3%
- Net yield
- -0.3%
- Cash-on-cash return
- -21.3%
- Gross yield
- 5.6%
- Mortgage payment
- $2,987/mo
- Down payment
- $157,500
- Loan amount
- $472,500
- Annual NOI
- -$1,729
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.