Property Details
| Sold Price | $609,000 |
|---|---|
| Last Asking Price | $620,000 |
| Price per SqFt | $1,015 |
| Maintenance fee | $0 |
| Property Taxes | Not yet assessed |
| Interior Space | 600 SqFt |
| Beds/Baths | 0/1 |
| Furnished | Yes |
| Year Built | 1926 |
| Closed Date | 4/5/2021 |
| MLS # | A10981433 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Fees based on MLS provided figures, and may not be accurate. Property taxes are not yet assessed for this residence.
From the listing
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 specialassessments related to the renovation and keep in mind that by completion, unit value will significantly increase.
Listed by Cervera Real Estate Inc.
Sales History for This Unit · Roney Palace Unit 1511
Sales history is unavailable for this property
What Other Units Have Been Selling For at Roney Palace
4 other units sold in the last 12 months at an average of $1,046/SqFt
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 1512 | $750,000$987/SqFt | 99% | 7/24/26 |
| 1429 | $805,000$1,342/SqFt | 101% | 5/11/26 |
| 329 | $640,000$1,067/SqFt | 93% | 2/24/26 |
| 1631 | $650,000$855/SqFt | 93% | 1/16/26 |
| 1622 | $795,000$1,205/SqFt | 96% | 5/7/25 |
| 914 | $925,000$1,217/SqFt | 97% | 2/24/25 |
| 320 | $462,500$771/SqFt | 93% | 11/12/24 |
| 920 | $830,000$1,383/SqFt | 100% | 10/24/24 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Cervera Real Estate Inc.. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
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Location
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Roney Palace
557 units · 42 for sale · 19 sold in the last 12 months · building avg $1,403/SqFt sold