2301 Collins Avenue, Unit 1511

Miami Beach, FL 33139

$609,000
Last Sold Price
Studio
Beds
1
Bath
600 Sq. Ft.
$1,015 / Sq. Ft.
600
Sq. Ft.
$1,015
per Sq. Ft.

Description

15th floor oceanfront studio with balcony in building shared with the luxury 1Hotel, recently voted to USA Today's 10 Best Hotels in America. Rare 11 line studio, best view, closest to the ocean. Building Renovation underway to be completed in 2021 matching the 1 Hotel gorgeous interior design and beauty. Great opportunity. Rented directly by owner on a monthly basis. Well over $100,000 in rent booked since 2017 while owner also was still able to enjoy his property part-time. $4500 per month in net...15th floor oceanfront studio with balcony in building shared with the luxury 1Hotel, recently voted to USA Today's 10 Best Hotels in America. Rare 11 line studio, best view, closest to the ocean. Building Renovation underway to be completed in 2021 matching the 1 Hotel gorgeous interior design and beauty. Great opportunity. Rented directly by owner on a monthly basis. Well over $100,000 in rent booked since 2017 while owner also was still able to enjoy his property part-time. $4500 per month in net rent booked for high season. $24,000 in booked rent net to owner for upcoming 6 months, Nov thru April 2021. Buyer must assume approx $24,000 in special
assessments related to the renovation and keep in mind that by completion, unit value will significantly increase.
  1. Listed by Viviana Monari • Cervera Real Estate Inc.

Property Details for 2301 Collins Avenue, Unit 1511

Subdivision
RONEY PALACE CONDO
Complex Name
RONEY PALACE CONDO
Style
Condo 5+ Stories
Waterfront
Yes
Waterfront Description
Ocean Front
View
Ocean View, Pool Area View, Water View
Unit View
Ocean View, Pool Area View, Water View
Furnished
Furnished

Location

Listing Courtesy of Cervera Real Estate Inc.

Sold By Douglas Elliman

Add your commute
LISTING UPDATED: 04/12/2021 10:46 AM

Property Details for 2301 Collins Avenue, Unit 1511

StatusClosed
MLS #A10981433
Days on Market66
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built1926
CountyMiami-Dade County

Building

The Roney Palace

17 StoriesBuilt in 1926

Location

Listing Courtesy of Cervera Real Estate Inc.

Sold By Douglas Elliman

Add your commute

Building Information for 2301 Collins Avenue, Unit 1511

Building/ComplexThe Roney PalaceFloor15Stories17Residences-Pet PolicyAllowedYear Built1926

Payment Calculator

$4,178 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,324

Property Taxes

$854

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2301 Collins Avenue, Unit 1511

Location Information
Location Information
  • Parcel Number Free Text: 02-32-26-043-1510
  • Parcel Number MLX: 1510
  • MLS Area: 32
  • Municipal Code: 2
  • Township Range: 32
  • Section: 26
  • Subdivision Number: 43
  • Subdivision Complex Bldg: RONEY PALACE CONDO
  • Unit Floor Location: 15
  • Total Floors In Building: 0
  • Development Name: RONEY PALACE CONDO
  • Neighborhoods: Miami Beach
General Information
Parking
  • Num Garage Spaces: 1
  • Garage Description: Attached
  • Parking Description: 1 Space, Valet Parking
  • Parking Restrictions: No Rv/Boats, No Trucks/Trailers
General Information
  • Front Exposure: North East
  • Housing Older Persons Act: Unverified
  • Property Detached: No
  • Balcony Porch/Patio: Yes
  • Minimum Num of Days for Lease: 365
  • Num Times Leased Year: 1
  • Type of Governing Bodies: Condominium
  • Main Living Area: Entry Level
  • Unit Design: High Rise
  • Water Access: Other
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Flooring: Tile Floors
  • Floor Description: Tile Floors
  • Directions: I95 TO 19 ST ALTON ROAD SOUTH TO DADE BLVD TO 23RD TO COLLINS. ENTER RED LIGHT AT 23RD.
  • Security Information: Card Entry, Lobby Secured, Security Patrol, TV Camera
Room Information
Room Information
  • Bedroom Description: Studio
  • Dining Description: Family/Dining Combination, Snack Bar/Counter
Additional Property Information
Utilities
  • Heating Description: Central Heat, Electric Heat
  • Cooling Description: Central Cooling, Electric Cooling
Additional Property Information
  • Pets Allowed: No
  • Pets Allowed: No
  • Guest Accommodations: No
  • Room Count: 0
  • Furnished: Furnished
  • Interior Features: Walk-In Closets
  • Equipment Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Smoke Detector
  • Windows Treatment: Verticals
  • Exterior Features: Open Balcony
  • Maintenance Includes: All Amenities
  • Amenities: Common Laundry, Pool, Spa/Hot Tub
Financial Information
Financial Information
  • Type of Association: Condo
  • Land Lease Amount: $0
  • Rec Lease Month: $0
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: AE
  • Tax Year: 2020
  • Tax Information: Tax Reflects City & County Tax, Tax Reflects No Homestead Tax
  • Special Information: As Is
Rental Information
Furnished / Unfurnished
  • Furnished Info Sold: Furnished
Rent Information
  • Approval Information: 1-2 Weeks Approval
Rent Status
  • Other Fees: $50

Property History for 2301 Collins Avenue, Unit 1511

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2301 Collins Avenue, Unit 1511

Taxable ValueLand-Additions-Total-
Tax Record2023$10,249 ($854 / month)
Home Facts
Beds0Total Finished SqFt600 SqFtAbove Grade Finished SqFt600 SqFtStyleCondominiumYear Built1926Zoning6600:COMMERCICountyMIAMI-DADEAPN02-3226-043-1510

Schools near 2301 Collins Avenue, Unit 1511

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
North Beach Elementary School
PublicPK to 5

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Cervera Real Estate Inc.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.