$925,000
SOLD FEB 24, 2025
-- Bed
1 Bath
760 Sq Ft
$1,472/mo HOA Fee

Recently Sold

$1,217 Per Sq Ft

3% Below List Price

60 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • North Beach Elementary School Rated A-
  • Private Beach Pavilion
  • 3-minute walk to Collins Park

About This Home

As of February 2025

Positioned in the renowned 1 Hotel, the Roney Palace condominium embodies luxury on Collins Avenue, Miami Beach. This renovated unit epitomizes upscale living with its modern design. It features an elegant Kitchen, Walk-in closet and lies at the heart of South Beach, ensuring easy access to a variety of dining, vibrant nightlife, and entertainment options. Despite its central location, it offers a serene haven from the bustling city life. The unit comes with exclusive amenities, private parking, and the perk of discounts at all restaurants within the 1 Hotel, making it an excellent choice for those seeking a high-end investment or a personal retreat. Step into a world of refined comfort and convenience! Fully furnished and sold turn-key.

Last Agent to Sell the Property

Anastasia Cucu

Douglas Elliman License #3464756 Listed on: 12/26/2024

Douglas Elliman

Last Buyer's Agent

Priscilla Haisley

Luxe Properties License #3282867

Luxe Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,660

Year Built

  • Built in 1926 | Remodeled

HOA Fees

  • $1,472 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 760 Sq Ft Home
  • Furnished
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • Studio bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Property has ocean access
  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-043-1730

Community Details

Overview

  • High-Rise Condominium
  • Roney Palace Condo
  • Roney Palace Condo Subdivision
  • 16-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Secure Lobby
  • Interior Hall
  • Bike Room

Recreation

  • Private Beach Pavilion

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,660

Year Built

Built in 1926 | Remodeled

Lot Details

0

HOA Fees

$1,472 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1926
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Use GPS
  • Entry Level: 9
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: RONEY PALACE CONDO
  • Year Built Details: Newly Updated/Renovated
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Interior Hall, Lobby, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Flooring: Wood
  • Furnished: Furnished
  • Living Area: 760
  • Possible Use: Investment
  • Stories: 16
  • Bedroom Features: Studio

Exterior Features

  • View: Ocean View, Direct Ocean, Pool Area View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1472
  • Amenities: Barbecue, Bike Storage, Elevator(s), Exercise Room, Other, Pool, Private Beach Pavilion
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-26-043-1730
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13660

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2024
Closed on
Feb 21, 2025
Sold by
Southview Owner Llc and Southview Llc
Bought by
1031 Pros Titleholder 1292 Llc
Seller's Agent
Anastasia Cucu
Douglas Elliman
Buyer's Agent
Priscilla Haisley
Luxe Properties
List Price
$950,000
Sold Price
$925,000
Premium/Discount to List
-$25,000
-2.63%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.66%
Original Mortgage
$476,375
Outstanding Balance
$474,787
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$524,236

Purchase Details

Closed on
Jun 17, 2013
Sold by
Aranegui Santiago and Arnaiz Miren
Bought by
Southview Llc

Purchase Details

Closed on
May 23, 2003
Sold by
Cavagna Susana A and Guilhoe Horacio A L
Bought by
Aranequi Santiago and Arnaiz Miren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 31, 2000
Sold by
City National Bank Tr
Bought by
Cavagna Susana A and Guilhou Horacio A L
Source: Public Records

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Range of Values:

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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 $925,000 Capital Title Group
Warranty Deed $380,000 None Available
Warranty Deed $193,000 --
Trustee Deed $180,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $476,375 New Conventional
Previous Owner $154,400 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $5,500 -6.8% $7 / Sq Ft
06/11/2025 06/11/25 Price Changed $5,900 -14.5% $8 / Sq Ft
05/05/2025 05/05/25 Price Changed $6,900 -8.0% $9 / Sq Ft
04/07/2025 04/07/25 Price Changed $7,500 -3.2% $10 / Sq Ft
03/24/2025 03/24/25 Price Changed $7,750 -3.1% $10 / Sq Ft
03/17/2025 03/17/25 For Rent $8,000 0.0% --
02/24/2025 02/24/25 Sold $925,000 -2.6% $1,217 / Sq Ft
12/26/2024 12/26/24 For Sale $950,000 -- $1,250 / 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 $13,660 $520,174 -- --
2024 $8,939 $472,886 -- --
2023 $8,939 $429,897 $0 $0
2022 $7,460 $390,816 $0 $0
2021 $6,860 $355,288 $0 $0
2020 $6,804 $399,200 $0 $0
2019 $5,701 $294,211 $0 $0
2018 $5,763 $306,470 $0 $0
2017 $7,295 $383,088 $0 $0
2016 $7,916 $407,540 $0 $0
2015 $8,074 $407,539 $0 $0
2014 $7,527 $370,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11714209

MIAMI REALTORS® MLS

APN: 02-3226-043-1730