Home » Miami Beach » Roney Palace at 2301 Collins Ave Miami Beach » 2301 Collins Ave 701, Miami Beach, Florida 33139 | A11337575

Sold 2301 Collins Ave 701, Miami Beach, Florida 33139

$1,195,000
closed for a price of $970,000

Property Highlights

Listing ID A11337575 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 900 Sqft/83.61 m2 approx. Building Area 900 Sqft/83.61 m2 approx. Year Built 1926 Waterfront Has view of the Ocean Lease Term Minimum Duration: 30 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 30 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property from published date until Closing Date 93 Days

2301 Collins Ave 701, Miami Beach, Florida 33139

Property Description: Incredible opportunity in The Roney Palace. Renovation ready unit! Spacious 900 sf 1 bedroom w/balcony & ocean view. Renovation drawings & city master permit transferrable (includes 2nd full bathroom, W/D connections, soffit lighting & other luxury updates). Perfect for an investor looking to turn a quick profit or end-user ready to create their dream oceanfront unit. Luxury condominium w/top hotel in the complex: 3 pools, jacuzzi, restaurants, poolside bar, towel & beach service, gym, spa, 24/7 valet, receiving office & more. New building upgrades completed: impact windows & doors, glass balcony, hallways, unit doors & 5 new elevators! New building entrance, lobby & south pool are in progress. 30-day rentals allowed. The perfect home or investment w/great income & flexibility for owners.

Useful Info

Contingency:No Contingencies
Original List Price:$1,195,000
Close Price:$970,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • High Rise
Levels:Two
Entry Level (floor):7
Entry Level Location:7
Construction Materials:
  • Block
Flooring:
  • Concrete
Number of stories:16
Stories:1
Possible Use:
  • Investment

Property Features

Has View:Yes
View from the Property:
  • Pool
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Appliances:
  • Other
Interior Features:
  • Walk-in Closet(s)
  • Bedroom On Main Level
  • Family/dining Room
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • Southeast

Taxes and Expenses

Tax Annual Amount:$9,982

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$1,597
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$1,597
Association Fee 3rd HOA Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Subdivision Name:RONEY PALACE CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pest Control
  • Pool(s)
  • Security
  • Association Management
  • Insurance
  • Internet
  • Hot Water
  • Hvac
  • Legal/accounting
Complex Name:Roney Palace
Senior Community:No
Restrictions: OK To Lease

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Attached Garage:Yes
Parking Features:
  • One Space
  • Garage
  • Attached
  • Valet

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewOcean View,Pool Area View
Housing Older Persons ActNo HOPA
Water AccessUnrestricted Salt Water Access
Buy StateFlorida
Unit DesignHigh Rise,Interior Hall
Type of AssociationCondo
Minimum Number of Days for Lease30
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Exemptions
Buyer Country of ResidenceUSA
Number of times allowed to lease per year12
Flood ZoneAE
Homeowner's Association Application Fee100
Style Condo 5+ Stories
FEMA Flood Zone DesignationsAE
Municipal Code2
Subdivision Number43

Zoning and Legal

Tax Legal Description:RONEY PALACE CONDO UNIT 701 UNDIV 0.0018281 INT IN COMMON ELEMENTS OFF REC 17787-1644 OR 19486-2013 0201 1
Real Estate Folio Number (Parcel Number):02-32-26-043-0050
Public Survey Township:2
Public Survey Range:32
Public Survey Section:26

Listing History

Update/EventDate/Days
Published Date:February 15, 2023 12:00 am
On Market Date:February 15, 2023
Close Date:May 19, 2023
Price Change Date Time:February 2, 2023 8:34 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:May 19, 2023 5:06 pm
Status Last Changed:May 19, 2023 5:06 pm
Photos Last Modified:February 15, 2023 10:22 pm
Last Modified:May 19, 2023 9:06 pm
Days on the Market (updated on Last Modified*):71
Cumulative Days on the Market (updated on Last Modified**):71

Additional Information

Unit Location:High Rise,Interior Hall
Number of Photos:61
Location:,,
Included:,,
Area:32
Automated Valuation Display:Yes
Courtesy of:The Keyes Company
Universal Property Id:US-12086-N-0232260430050-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:2301
Street Address:2301 Collins Ave 701
Unit Number:701
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:2301 Collins Ave 701, Miami Beach, Florida 33139
Latitude:N25° 47' 55.6''
Longitude:W81° 52' 22.1''

Neighborhood

Postal City:Miami Beach

Property Map

Mortgage Calculator

Please note: The calculator shows the current listing asking price as home value. Update all fields at your convenience.

Calculate Your Mortgage Payment

$.00
$.00
6.5
30

Taxes and Insurance

$.00
$.00
%

Financial Analysis

%

%

$

$

$

$

$