Property Details
| Sold Price | $695,000 |
|---|---|
| Last Asking Price | $700,000 |
| Price per SqFt | $818 |
| Maintenance Fee | $1,251 Monthly |
| Property Taxes | $8,590 2021 |
| Interior Space | 850 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 1926 |
| Closed Date | 3/10/2022 |
| MLS # | A11156598 |
Location
From the listing
Great investment opportunity producing high rental income return. Dive into this 1 bedroom, 1 bathroom totaling 975 Sq/ft (850 living, 125 terrace). Short term rentals allowed. Can be rented minimum 30 days & 12 times a year. Unit features Italian porcelain floors, impact windows, walk-in closet & a large terrace. Maintenance includes internet, cable & parking. The Roney Palace shares 5 stars amenities with The 1 Hotel South beach. 3 pools with complementary service. Umbrellas, Lounge chairs & towel services included.
Listed by Douglas Elliman
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,251 a month; taxes $8,590 for 2021. MLS figures, which may not be accurate.
Sales History for This Unit · Roney Palace Unit 325
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A1623759 | $270,000 | 7/9/12 |
What Other Units Have Been Selling For at Roney Palace
20 units sold at Roney Palace in the last 12 months at an average of $1,410/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 1205 | $1,489,000$1,551/SqFt | 95% | 9/14/26 |
| 1619 | $1,625,000$1,806/SqFt | 93% | 4/29/26 |
| 628 | $750,000$987/SqFt | 94% | 4/28/26 |
| 1005 | $1,470,000$1,531/SqFt | 95% | 4/22/26 |
| 802 | $1,050,000$1,193/SqFt | 91% | 2/27/26 |
| 1135 | $730,000$961/SqFt | 97% | 2/9/26 |
| 1501 | $1,090,000$1,211/SqFt | 91% | 1/12/26 |
| 1425 | $1,265,000$1,488/SqFt | 94% | 12/19/25 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Douglas Elliman. 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.
Ask Mark About This Listing
Mark is not available at the moment, but he usually responds quickly.
Roney Palace Unit 325, 2301 Collins Avenue · MLS A11156598 · Sold Mar 2022
Mark sent you this link
Your message goes to Mark Zilbert
Having issues or do you need technical help? Use this form instead: CLICK HERE
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
At Roney Palace, 44 of 557 units are for sale and 20 sold in the last 12 months at an average of $1,410 per SqFt. Unit 325 sold at $818 per SqFt, below the building's average at the time. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.