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Waterfront · Condominium
$1,465,000$1,526 / sqft
2301 Collins Ave # 833, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
960 sqft
Interior
1926
Year built
$2,113 / mo
HOA
Condominium
Type
About this home
Rarely available 2-bedroom, 1.5-bathroom residence at the iconic Roney Palace, one of South Beach’s most coveted oceanfront addresses. Enjoy liberal rental flexibility — 30-day minimum, up to 12 times per year — making this an excellent investment opportunity, whether for personal use, a vacation home, or income-generating rental. This spacious 960 sq ft home features rich bamboo wood flooring throughout, a private balcony perfect for morning coffee or evening unwinding, and a dedicated storage unit for added convenience and organization. Monthly maintenance includes cable, WiFi, water, and valet parking with one assigned space — true turnkey, low-maintenance living. Live the true resort lifestyle: Roney Palace shares its address with the luxury 1 Hotel South Beach, granting residents exclusive access to an unmatched array of amenities — three oceanfront pools, a hot tub, full beach service, and a standout collection of on-site dining and wellness. Enjoy Habitat, STK South Beach, Planthouse, and Watr at the Rooftop, along with SoulCycle, Anatomy Gym, a luxury spa, salon, and designer retail boutiques — all just steps from your door. A rare opportunity to live, invest, or rent in the heart of South Beach, combining privacy, style, and the comfort of resort-level amenities in one of the area’s most sought-after buildings.
Features
- Lobby
- First Floor Entry
- Walk-In Closet(s)
- Open Balcony
- Other View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
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 $3,595–$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.