$2,150,000
SOLD FEB 14, 2025
2 Beds
2 Baths
1,480 Sq Ft
$2,790/mo HOA Fee

Recently Sold

$1,453 Per Sq Ft

28% Below List Price

374 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Bar or Lounge
  • North Beach Elementary School Rated A-
  • Beach Access
  • 3-minute walk to Collins Park

About This Home

As of February 2025

Motivated Seller-a rare chance to buy a beautiful oceanfront unit: Breathtaking & relaxing direct ocean views! A much beloved & cared for designer oceanfront corner w/upscale marble floors & decorator finishes. Walk-in ready from the custom made furniture & high-end window treatments to the upscale dinnerware, crystalware & linens. Exquisitely furnished & appointed residence w/nearly 1500sf, impact glass, washer/dryer, great closets including huge storage room, & spacious balcony w/glass to enjoy listening to the waves from. Gorgeous ocean views from every room. Large luxurious relaxing whirlpool spa bath-you won't want to get out! For the most discriminating owner-this is the perfect home or investment (monthly rentals allowed) in ideal South Beach oceanfront newly remodeled resort-condo.

Last Agent to Sell the Property

Danell Van Orden

The Keyes Company License #0690489 Listed on: 02/05/2024

The Keyes Company

Last Buyer's Agent

Michael Guay

Alure Capital License #3536350

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,023

Year Built

  • Built in 1926

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $2,790 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,480 Sq Ft Home
  • Furnished
  • Built-In Features
  • Combination Dining and Living Room
  • Storage Room
  • Marble Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Beach Access
  • Unrestricted saltwater access

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-043-1140

Community Details

Overview

  • High-Rise Condominium
  • Roney Palace Condos
  • Roney Palace Condo Subdivision
  • Property has 1 Level

Amenities

  • Doorman
  • Valet Parking
  • Trash Chute
  • Bar or Lounge
  • Elevator
  • Secure Lobby
  • Interior Hall

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Complete Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,023

Year Built

Built in 1926

Lot Details

0

HOA Fees

$2,790 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1926
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access, Beach Access
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: RONEY PALACE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Interior Hall, Built-in Features, Closet Cabinetry, Pantry, Walk-In Closet(s), Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 1480
  • Possible Use: Primary
  • Stories: 16
  • Window Features: Complete Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Storage Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Ocean View, Direct Ocean, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2790
  • Amenities: Bar, Elevator(s), Exterior Lighting, Heated Pool, Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-26-043-1140
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Feb 7, 2025
Sold by
Bates Rose F and Rose F Bates Living Trust
Bought by
Ejr Beach Properties Llc
Seller's Agent
Danell Van Orden
The Keyes Company
Buyer's Agent
Michael Guay
Alure Capital
List Price
$3,000,000
Sold Price
$2,150,000
Premium/Discount to List
-$850,000
-28.33%
Views
36
Current Estimated Value
$2,193,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,727
Avg. Annual Appreciation
3.66%
Original Mortgage
$1,505,000
Outstanding Balance
$1,496,091
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$697,636

Purchase Details

Closed on
Jan 14, 2022
Sold by
Fillingane Bates Rose
Bought by
Rose F Bates Living Trust

Purchase Details

Closed on
Oct 31, 2017
Sold by
Bates Richards and Bates Rose
Bought by
Bates Richards M and Bates Rose Fillingane

Purchase Details

Closed on
Mar 3, 2011
Sold by
Alvarez Isabel
Bought by
Bates Richard and Bates Rose

Purchase Details

Closed on
Sep 29, 1997
Sold by
City National Bank
Bought by
Alvarez Silvio and Alvarez Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,400
Interest Rate
7.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,150,000 None Listed On Document
Warranty Deed $2,150,000 None Listed On Document
Warranty Deed -- Holland & Knight Llp
Deed Of Distribution -- Holland & Knight Llp
Deed -- Holland & Knight Llp
Interfamily Deed Transfer -- Attorney
Warranty Deed $285,000 Attorney
Personal Reps Deed $285,000 Attorney
Deed $218,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,505,000 New Conventional
Closed $1,505,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $202,000 Unknown
Previous Owner $200,000 New Conventional
Previous Owner $50,000 New Conventional
Previous Owner $163,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $2,150,000 -17.0% $1,453 / Sq Ft
11/07/2024 11/07/24 Price Changed $2,590,000 -5.8% $1,750 / Sq Ft
07/13/2024 07/13/24 Price Changed $2,750,000 -4.8% $1,858 / Sq Ft
03/11/2024 03/11/24 Price Changed $2,890,000 -3.7% $1,953 / Sq Ft
02/05/2024 02/05/24 For Sale $3,000,000 -- $2,027 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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 $40,795 $2,340,409 -- --
2024 $36,839 $2,144,423 -- --
2023 $36,839 $1,949,476 $0 $0
2022 $24,141 $1,226,680 $0 $0
2021 $22,430 $1,115,164 $0 $0
2020 $22,033 $1,351,400 $0 $0
2019 $18,866 $1,062,423 $0 $0
2018 $16,280 $915,882 $0 $0
2017 $18,074 $761,673 $0 $0
2016 $17,694 $692,430 $0 $0
2015 $13,213 $629,482 $0 $0
2014 $13,504 $572,257 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11526922

MIAMI REALTORS® MLS

APN: 02-3226-043-1140