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Waterfront · Condominium
$1,140,000$1,900 / sqft
2301 Collins Ave # 611, Miami Beach FL 33139
Listed
0
Bedrooms
1
Bathrooms
600 sqft
Interior
1926
Year built
$1,252 / mo
HOA
Condominium
Type
About this home
One of the most exceptional furnished studios at the iconic Roney Palace, offering stunning direct ocean views and a large private balcony. Ideally positioned on the north side of the building, the spacious balcony overlooks the sparkling Atlantic Ocean and the beautifully landscaped pools of 1 Hotel South Beach. This high-end renovated residence features a sophisticated kitchen with Sub-Zero refrigerator, Bosch appliances, and an in-unit washer/dryer. The open layout is thoughtfully designed to maximize space, natural light, and breathtaking views. One of the few studios in the building with both a private balcony and spectacular ocean views. Enjoy the exceptional lifestyle and amenities of 1 Hotel South Beach, including oceanfront swimming pools, beach service, acclaimed onsite restaurants, a vibrant rooftop bar, and 24-hour security. Cable, WiFi, water, and one valet parking space are included. Perfectly located in the heart of South Beach, just steps from Lincoln Road, the beach, world-class dining, shopping, and entertainment. Short-term rentals permitted, including Airbnb. An exceptional opportunity to own or invest in one of South Beach’s most desirable oceanfront locations.
Features
- Lobby
- First Floor Entry
- East Of Us1
- Open Balcony
- Ocean View
- Direct Ocean
- Pool Area View
Leasing
- Minimum lease
- 2 days
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 studio rentals in Miami Beach, from 200 active listings; the middle half ask $1,800–$3,000.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.