$1,650,000
$50K PRICE DROP

Estimated payment $11,723/month

Total Views 2,213
1 Bed
1 Bath
880 Sq Ft
$1,875 Price per Sq Ft

Highlights

  • Valet Parking
  • Ocean Front
  • Community Pool
  • North Beach Elementary School Rated A-
  • Private Guards
  • 3-minute walk to Collins Park

About This Home

Seller financing may be avail with 50% or more down & very favorable, low interest rate for remainder of balance,OceanFront condo, 1 bedroom, 1 bathroom, open balcony to ocean & city views. Located in one of South Beach’s trendiest oceanfront resorts. Cable, WiFi, Water and valet with 1 parking spot included in maintenance. Laundry room on every floor. Amenities Situated inside the same building as the 1 Hotel, Roney Palace residents enjoy the best of South Beach access to 3 oceanfront swimming pools, a hot tub and beach service. Onsite restaurants include Habitat, STK South Beach, Plnthouse organic cafe, Watr at the Rooftop & more! Home to SoulCycle, Anatomy Gym, high-end spa, salon and retail fashion boutiques. Valet parking, full-time security, laundry on every floor, onsite management.

Listing Agent

David Sotolongo

XLS Realty LLC License #3255010 Listed on: 07/22/2024

Co-Listing Agent

Aaron Bleetstein

XLS Realty LLC License #3149246

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,228

Year Built

  • Built in 1926

HOA Fees

  • $1,745 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Property Views

Home Design

  • 880 Sq Ft Home
  • Entry on the 12th floor

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • No Heating

Additional Features

  • Property has ocean access
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-043-0520

Community Details

Overview

  • High-Rise Condominium
  • Roney Palace Condominium Condos
  • Roney Palace Condo,Roney Palace Subdivision
  • 17-Story Property

Amenities

  • Valet Parking
  • Trash Chute
  • Laundry Facilities
  • Secure Lobby
  • Bike Room

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Private Guards
  • Security Service
  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,228

Year Built

Built in 1926

Lot Details

0

HOA Fees

$1,745 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1926
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: XLSR01
  • Co List Office Phone: 305-282-5725
  • Directions: Located directly on Collins Avenue, Roney Palace is a short walk to Lincoln Road, entertainment, shops, restaurants, bars, clubs and other luxury hotels. Trader Joe’s, Publix and Fresh Market within one mile. 24/7 Walgreen’s across the street.
  • Entry Level: 12
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Co-Op 5+ Stories, Condo
  • Subdivision Name: RONEY PALACE CONDO,Roney Palace
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Living Area: 880
  • Stories: 17
  • Bedroom Features: Entry Level

Exterior Features

  • View: Ocean View, Direct Ocean, Pool Area View, Water View
  • Construction Type: Concrete Block Construction
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Security: Smoke Detector, Elevator Secure, Secured Garage/Parking, Lobby Secured, Private Guards, Security Patrol, TV Camera

Condo/Co-op/Association

  • Association Fee: 1745
  • Amenities: Bike Storage, Laundry, Elevator(s), Pool, Private Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

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

Lot Info

  • Parcel Number: 02-32-26-043-0520

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14228

Map

Range of Values:

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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 $15,708 $827,962 -- --
2024 $14,228 $752,693 -- --
2023 $14,228 $684,267 $0 $0
2022 $11,874 $622,061 $0 $0
2021 $10,919 $565,510 $0 $0
2020 $11,203 $583,000 $0 $0
2019 $10,151 $523,808 $0 $0
2018 $9,698 $526,301 $0 $0
2017 $9,266 $463,520 $0 $0
2016 $9,799 $421,382 $0 $0
2015 $9,559 $383,075 $0 $0
2014 $8,090 $348,250 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2025 09/13/25 Price Changed $6,700 +17.5% $8 / Sq Ft
08/11/2025 08/11/25 Price Changed $5,700 0.0% $6 / Sq Ft
06/27/2025 06/27/25 Price Changed $1,650,000 0.0% $1,875 / Sq Ft
06/11/2025 06/11/25 Price Changed $6,500 -5.8% $7 / Sq Ft
05/20/2025 05/20/25 Price Changed $6,900 -6.8% $8 / Sq Ft
05/20/2025 05/20/25 Price Changed $7,400 -1.3% $8 / Sq Ft
05/05/2025 05/05/25 Price Changed $7,500 -15.7% $9 / Sq Ft
12/23/2024 12/23/24 Price Changed $8,900 -11.0% $10 / Sq Ft
10/28/2024 10/28/24 For Rent $10,000 0.0% --
07/22/2024 07/22/24 For Sale $1,700,000 -- $1,932 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Warranty Deed $395,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 Credit Line Revolving
Closed $326,200 New Conventional
Closed $150,000 Commercial
Previous Owner $483,000 Negative Amortization
Previous Owner $355,500 Unknown
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11625643

MIAMI REALTORS® MLS

APN: 02-3226-043-0520