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Waterfront · Condominium
$1,999,000$2,272 / sqft
2301 Collins Ave # 1615, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
880 sqft
Interior
1926
Year built
$1,929 / mo
HOA
Condominium
Type
About this home
Beautiful oceanfront condo at Roney Palace, featuring 14-foot ceilings, ocean views and warm contemporary finishes. An open living area flows onto a private balcony overlooking the Atlantic, sandy beach, and palm-lined pool deck, bringing the coastal setting into everyday life. The open kitchen features streamlined wood-tone cabinetry, white countertops, a paneled refrigerator, and a generous island with seating. Coordinated built-ins, wood-look flooring, and a soft neutral palette create a cohesive, understated elegance. The spacious bedroom enjoys ocean views and ample storage, while the bathroom features a glass-enclosed rainfall shower. An in-unit washer and dryer adds convenience. Roney Palace shares an oceanfront resort setting with 1 Hotel South Beach, offering residents access to three oceanfront pools and beach service. On-site dining, Bamford Wellness Spa, Anatomy, and SoulCycle complement the experience, with Lincoln Road’s shopping and restaurants nearby. A distinctive residence combining exceptional ceiling height, inviting interiors, and the resort lifestyle of Miami Beach.
Features
- First Floor Entry
- Open Balcony
- 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.
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.