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Waterfront · Condominium
$2,290,000$1,862 / sqft
2301 Collins Ave # 1006, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,230 sqft
Interior
1926
Year built
$2,385 / mo
HOA
Condominium
Type
About this home
Spectacular panoramic views of the ocean, beach, and Miami skyline with large south-facing balcony. This condo is flooded with natural light during the day and offers marvelous sunsets at night. This is a true 2-bedroom, 2-bathroom unit located in the Roney Palace (South Wing of the 1 Hotel / Roney Palace Complex). Perfect for those seeking to enjoy South Beach's vibrant lifestyle or investors wanting to rent out the condo. You have the flexibility to lease it for a minimum of 30 days, up to 12 times per year. Located between the 1 Hotel and the W South Beach, just a few blocks from Lincoln Road and in the center of all the action. Enjoy three oceanfront swimming pools with complimentary poolside services and direct beach access. Maintain your wellness routine at the oceanfront Anatomy gym and savor exquisite cuisine at eight upscale dining establishments. Seize the opportunity to make this exclusive property your very own in South Beach
Features
- First Floor Entry
- 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.