NOT LISTED FOR SALE

Estimated Value: $656,000 - $1,075,000

-- Bed
1 Bath
600 Sq Ft
$1,105/mo HOA Fee

Last Sold August 14, 2023

Last sale price $730,000 $1,217 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,034/month

91 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Furnished
  • North Beach Elementary School Rated A-
  • Canal View
  • 3-minute walk to Collins Park

About This Home

As of August 2023

Fully renovated with all new furniture and appliances for a warm, clean and modern aesthetic.
Premium Cable TV/ Internet, water and valet with 1 parking spot included. Laundry room on every floor. Situated inside the same building as the luxurious 1 Hotel, Roney Palace residents enjoy the best of South Beach with 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 and more! Home to SoulCycle, Anatomy Gym, high-end spa, salon and retail fashion boutiques.
Don't miss out on the opportunity to own a piece of South Beach luxury at the Roney Palace.

Last Agent to Sell the Property

David Sotolongo

XLS Realty LLC License #3255010 Listed on: 04/11/2023

Last Buyer's Agent

Aleksandr Spivakov

Miami Legacy Realty, Inc License #3537478

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,682

Year Built

  • Built in 1926

Lot Details

  • Ocean Front

HOA Fees

  • $1,105 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 600 Sq Ft Home
  • Furnished
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Property has ocean access

Schools

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

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-043-3750

Community Details

Overview

  • Roney Palace Condos
  • Roney Palace Condo Subdivision
  • 17-Story Property

Amenities

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

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • Complete Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,682

Year Built

Built in 1926

Lot Details

0

HOA Fees

$1,105 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1926
  • Property Sub Type: Condominium
  • 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: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • 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, Microwave, Refrigerator, Wall Oven
  • Full Bathrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 600
  • Possible Use: Investment
  • Stories: 17
  • Window Features: Complete Impact Glass
  • Bedroom Features: Studio

Exterior Features

  • View: Canal
  • Exterior Features: None, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Roney Palace
  • 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, Card Entry, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1105
  • Amenities: Bike Storage, Laundry, Elevator(s), Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

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

Lot Info

  • Parcel Number: 02-32-26-043-3750
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5682

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
Aug 17, 2023
Sold by
Zumwalt Daniel
Bought by
61 Sunset Key Llc
Seller's Agent
David Sotolongo
XLS Realty LLC
Buyer's Agent
Aleksandr Spivakov
Miami Legacy Realty, Inc
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%
Views
47
Current Estimated Value
$800,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,884
Avg. Annual Appreciation
4.28%

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jun 22, 2021
Sold by
Mirona Llc
Bought by
Zumwalt Daniel
Seller's Agent
Andrea Guerschuny
Yaffe International Realty
Buyer's Agent
Michael Duris
Duris Real Estate, Inc
List Price
$395,000
Sold Price
$350,000
Premium/Discount to List
-$45,000
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.76%
Original Mortgage
$255,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Mirona Llc

Purchase Details

Closed on
Jul 29, 2009
Sold by
Viera Mirian
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 31, 2005
Sold by
Baez Olga
Bought by
Viera Mirian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,200
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 23, 2005
Sold by
Arevalo Franklin and Arevalo Luz M
Bought by
Baez Olga C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
7.95%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
61 Sunset Key Llc $730,000 None Listed On Document
Zumwalt Daniel $350,000 Miami Title Group Inc
Mirona Llc $122,000 Attorney
Deutsche Bank National Trust Company $116,000 None Available
Viera Mirian $284,000 --
Baez Olga C $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zumwalt Daniel $255,000
Previous Owner Viera Mirian $227,200
Previous Owner Baez Olga C $218,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2023 08/14/23 Sold $730,000 -2.5% $1,217 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
05/22/2023 05/22/23 Price Changed $749,000 -0.1% $1,248 / Sq Ft
04/11/2023 04/11/23 For Sale $750,000 +114.3% $1,250 / Sq Ft
06/22/2021 06/22/21 Sold $350,000 -11.4% $583 / Sq Ft View Prior Sale
04/08/2021 04/08/21 For Sale $395,000 0.0% $658 / Sq Ft
01/16/2015 01/16/15 Rented $1,800 0.0% --
12/17/2014 12/17/14 Under Contract -- -- --
09/11/2014 09/11/14 For Rent $1,800 -- --
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 $8,848 $447,291 -- --
2024 $6,792 $470,833 -- --
2023 $6,792 $332,644 $0 $0
2022 $5,682 $302,404 $0 $0
2021 $5,077 $262,960 $0 $0
2020 $5,244 $276,800 $0 $0
2019 $5,169 $307,220 $0 $0
2018 $4,259 $236,323 $0 $0
2017 $4,320 $200,893 $0 $0
2016 $4,199 $182,630 $0 $0
2015 $3,778 $166,028 $0 $0
2014 $4,216 $150,935 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11370601

MIAMI REALTORS® MLS

APN: 02-3226-043-3750