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Condominium
$2,190,000$1,780 / sqft
2301 Collins Ave # 1006, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,230 sqft
Interior
1926
Year built
$2,649 / mo
HOA
Condominium
Type
About this home
Panoramic ocean, beach and Miami skyline views define this 2-bedroom, 2-bath residence at Roney Palace. A generous south-facing balcony offers a front-row seat to the coastline and the changing colors of the evening sky. With 1,230 sq. ft. and abundant natural light, the residence places the views at the heart of everyday living, from a quiet morning overlooking the water to an evening taking in Miami's skyline. Set within the Roney Palace and 1 Hotel South Beach complex, the building brings a resort lifestyle to an oceanfront address. Three oceanfront pools, a Jacuzzi and direct beach access make the shoreline an extension of home. Seven dining and bar venues at 1 Hotel, including AVIV and Watr, together with Anatomy and Bamford Wellness Spa, complete the resort setting. Order food and drinks at the bar between beach and pool time. Between 1 Hotel and W South Beach, with Lincoln Road's shopping and dining nearby, this is a setting to enjoy as a home or combine personal stays with rental use. Lease for a minimum of 30 days, up to 12 times per year. Beach days, oceanfront walks and South Beach evenings come together in a residence distinguished by its outlook and its location
Features
- Other
- Ocean View
- Direct Ocean
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
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 $3,600–$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.