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Waterfront · Condominium
$1,145,000$1,193 / sqft
2301 Collins Ave # 303, Miami Beach FL 33139
Listed
1
Bedrooms
2
Bathrooms
960 sqft
Interior
1926
Year built
$2,113 / mo
HOA
Condominium
Type
About this home
Located on the ocean at Roney Palace, this beautifully remodeled 1-bedroom, 2-bath residence offers ocean views and gorgeous finishes throughout. The open kitchen features glossy white cabinetry, stainless steel appliances, a wine cooler and a breakfast bar, with ample counter space for cooking and entertaining. Spacious living and dining areas open to a private balcony overlooking the tropical grounds, with the ocean beyond. The bedroom features custom built-in cabinetry and generous storage, while the bathrooms offer modern vanities and glass-enclosed showers. In-unit laundry adds everyday convenience. Roney Palace shares its oceanfront setting with 1 Hotel South Beach, combining a residence with the atmosphere of a luxury beach resort. Enjoy landscaped tropical grounds, three pools on the mezzanine level, one Jacuzzi and direct access to the beach. Valet service, onsite restaurants and wellness destinations bring dining, relaxation and recreation close to home. South Beach offers a rare combination of oceanfront living and a neighborhood filled with restaurants, shopping, art and nightlife. Start the day with a walk along the beach, spend the afternoon by the pool and enjoy dinner nearby. The beachfront promenade invites long walks and bike rides along the shoreline, while the surrounding streets offer everything from casual cafes to an evening out. Whether used as a full-time home or a place to spend the season, this residence puts the beach at the center of daily life.
Features
- Fire Sprinklers
- Other
- Ocean View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Ok To Lease
- Okay To Lease 1st Year
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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,300–$3,850.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.