$699,000
$26K PRICE DROP

Estimated payment $5,567/month

Total Views 6,688
-- Bed
1 Bath
660 Sq Ft
$1,059 Price per Sq Ft

Highlights

  • Doorman
  • Direct Ocean View
  • Fitness Center
  • North Beach Elementary School Rated A-
  • Bar or Lounge
  • 3-minute walk to Collins Park

About This Home

We are excited to announce the availability of the Roney/1 Hotel Studio as a fantastic opportunity for you to generate secondary income effortlessly. This condominium is designed to pay for itself while allowing you to indulge in all the luxurious amenities offered by the 1 Hotel and the vibrant Miami Beach experience. Located within walking distance of renowned hotels, exquisite restaurants, direct beach access, and a scenic boardwalk perfect for early morning strolls or bike rides, this property is a dream investment for those seeking both financial returns and a beachside lifestyle. Don't miss out on this chance to own a piece of paradise that works for you!

Listing Agent

Richard Corrales

Silverleaf Realty Group License #3280975 Listed on: 08/05/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,903

Year Built

  • Built in 1926

HOA Fees

  • $1,100 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 660 Sq Ft Home
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-043-2930

Community Details

Overview

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

Amenities

  • Doorman
  • Trash Chute
  • Business Center
  • Community Center
  • Party Room
  • Bar or Lounge
  • Elevator
  • Bike Room

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,903

Year Built

Built in 1926

Lot Details

0

HOA Fees

$1,100 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1926
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • 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
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Closet Cabinetry, Cooking Island
  • Full Bathrooms: 1
  • Flooring: Tile
  • Living Area: 660
  • Other Equipment: Automatic Garage Door Opener
  • Stories: 15
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: None
  • Construction Type: Concrete Block Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: RONEY PALACE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Card Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 1100
  • Amenities: Bar, Bike Storage, Business Center, Community Room, Elevator(s), Exercise Room, Heated Pool, Other, Trash Chute
  • 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: 02-32-26-043-2930

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8903

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 $8,903 $450,082 -- --
2024 $6,689 $473,771 -- --
2023 $6,689 $311,140 $0 $0
2022 $5,560 $282,855 $0 $0
2021 $5,165 $257,141 $0 $0
2020 $4,927 $290,100 $0 $0
2019 $4,300 $237,991 $0 $0
2018 $4,006 $248,555 $0 $0
2017 $3,855 $175,632 $0 $0
2016 $3,954 $159,666 $0 $0
2015 $3,599 $145,151 $0 $0
2014 $3,370 $131,956 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Price Changed $4,000 0.0% $6 / Sq Ft
09/08/2025 09/08/25 Price Changed $699,000 -3.6% $1,059 / Sq Ft
08/05/2025 08/05/25 For Sale $725,000 0.0% $1,098 / Sq Ft
06/27/2025 06/27/25 For Rent $5,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $585,000 --
Warranty Deed $259,000 Trident Title Llc
Warranty Deed $165,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer $175,000 --
Trustee Deed $79,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $132,000 Unknown
Previous Owner $113,750 Balloon
Previous Owner $59,900 New Conventional
Source: Public Records

About the Listing Agent

Richard Corrales

Silverleaf Realty Group

(645) 900-9386

Section Image

Richard Corrales, founder and CEO of Silverleaf Realty Group & SLRG with currently 97 agents, has a wide portfolio spanning in residential sales, commercial & retail leasing, investment properties, and developments. Coupled with his extensive knowledge of the South Florida market, he prides himself on providing a comprehensive solution of services to his clients.

As an expert on luxury residential and commercial real estate, Mr. Corrales specializes in applying his expertise to broker

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Source: MIAMI REALTORS® MLS

MLS Number: A11852984

MIAMI REALTORS® MLS

APN: 02-3226-043-2930