$1,450,000
$50K PRICE DROP

Estimated payment $10,966/month

Total Views 2,098
1 Bed
1 Bath
900 Sq Ft
$1,611 Price per Sq Ft

Highlights

  • Valet Parking
  • Ocean View
  • Community Pool
  • North Beach Elementary School Rated A-
  • Waterfront
  • 3-minute walk to Collins Park

About This Home

Beautifully renovated 1 Bed + Den at the iconic Roney Palace in South Beach, perfectly positioned between the 1 Hotel and the ocean. Open kitchen with sleek finishes, updated 2 full bathrooms, impact windows, and a private balcony overlooking the ocean and pool area. Enjoy 5-star amenities including multiple pools, restaurants, direct beach access, and shared services with the 1 Hotel. Prime location steps from everything South Beach has to offer. Short-term rentals allowed (30-day min, 12 times/year), making it a fantastic investment or vacation home. Enjoy 5-star amenities including multiple pools, restaurants, direct beach access, and shared services with the 1 Hotel. Prime location steps from everything South Beach has to offer.

Listing Agent

Carolina Arenas

Compass Florida, LLC Brokerage Phone: 305-244-4204 License #3382850 Listed on: 05/27/2025

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,382

Year Built

  • Built in 1926

Lot Details

  • Waterfront
  • North Facing Home

HOA Fees

  • $2,139 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

Home Design

  • Entry on the 10th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 900 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Trash Compactor

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-043-2430

Community Details

Overview

  • Other Membership Included
  • Roney Palace Condos
  • Roney Palace Condo,Roney Palace Subdivision, Roney Palace Floorplan
  • 18-Story Property

Amenities

  • Valet Parking
  • Secure Lobby
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,382

Year Built

Built in 1926

Lot Details

0

HOA Fees

$2,139 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1926
  • Property Sub Type: Condominium
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Master Model: Roney Palace
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: RONEY PALACE CONDO,Roney Palace
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Attribution Contact: 305-244-4204
  • CurrentPrice: 1450000
  • InternetRemarks: Beautifully renovated 1BD + Den at Roney Palace. Bonus room enclosed with full bathroom. Ocean view, balcony, top amenities, 30-day rentals allowed.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry, Cooking Island, Elevator, Utility Room/Laundry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 900
  • Other Equipment: Elevator
  • Stories: 18
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Ocean View, Other View, Pool Area View
  • Exterior Features: East Of Us1, Other, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Roney Palace
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Elevator Secure, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 2139
  • Amenities: Elevator(s), Other Membership Included, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-26-043-2430

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15382

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,023 $827,163 -- --
2024 $14,167 $751,967 -- --
2023 $14,167 $683,607 $0 $0
2022 $11,677 $621,461 $0 $0
2021 $10,281 $527,936 $0 $0
2020 $9,490 $507,800 $0 $0
2019 $8,455 $436,311 $0 $0
2018 $8,044 $427,756 $0 $0
2017 $8,575 $450,270 $0 $0
2016 $9,939 $511,670 $0 $0
2015 $10,137 $511,670 $0 $0
2014 $5,775 $284,260 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2025 07/08/25 Price Changed $1,450,000 -3.3% $1,611 / Sq Ft
05/27/2025 05/27/25 For Sale $1,500,000 -- $1,667 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $760,000 Attorney
Warranty Deed $520,000 Attorney
Warranty Deed $180,000 Integrity Land Title
Warranty Deed $285,000 --
Trustee Deed $167,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $456,000 New Conventional
Previous Owner $228,000 Unknown
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11807028

MIAMI REALTORS® MLS

APN: 02-3226-043-2430