NOT LISTED FOR SALE

Estimated Value: $1,589,000 - $2,032,000

3 Beds
2 Baths
1,180 Sq Ft
1926 Built

Last Sold May 22, 2018

Last sale price $850,000 $720 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $11,511/month

Highlights

  • Valet Parking
  • Fitness Center
  • Above Ground Pool
  • North Beach Elementary School Rated A-
  • Intracoastal View
  • 3-minute walk to Collins Park

About This Home

As of December 2019

Modern 2 Bedroom + 1 Den/Bedroom , 2 bath penthouse residence in South Beach’s hottest building, boasting 180 degree panoramic views of the city skyline and Biscayne Bay.
Fully furnished with washer/dryer in unit.
Electricity, cable, WiFi, water and valet with 1 parking spot included. Laundry room on every floor.
Roney Palace Amenities
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.
Valet parking, full-time security, laundry on every floor, onsite management office.
Pricing is dynamic and may vary according to seasonal demand, lease commencement date, and lease term. Please contact listing agent for current availability and pricing

Last Agent to Rent the Property

David Sotolongo

XLS Realty LLC License #3255010 Listed on: 11/19/2018

Co-Listed By

Aaron Bleetstein

XLS Realty LLC License #3149246

Last Renter's Agent

David Olivares

WERC Realty, LLC License #3289945

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,810

Year Built

  • Built in 1926

Lot Details

  • Home fronts a canal
  • West Facing Home

Parking

  • 1 Car Garage

Property Views

  • Golf Course

Interior Spaces

  • 1,180 Sq Ft Home
  • Furnished
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Above Ground Pool
  • Unrestricted saltwater access
  • Porch

Schools

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

Utilities

  • Central Air

Listing and Financial Details

  • Property Available on 6/3/20
  • Assessor Parcel Number 02-32-26-043-3450

Community Details

Overview

  • No Home Owners Association
  • Roney Palace Condo
  • Roney Palace Condo Subdivision

Amenities

  • Valet Parking
  • Full Time Lobby Attendant
  • Laundry Facilities
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • High Impact Door

Condo Details

Home Type

Condominium

Est. Annual Taxes

$24,810

Year Built

Built in 1926

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2020-06-03

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1926
  • Property Sub Type: Condominium
  • Co List Office Mls Id: LNFS01
  • Co List Office Phone: 305-514-0100
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: Condo/Co-Op/Seasonal, Condo
  • Subdivision Name: RONEY PALACE CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Spa Yn: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 1180
  • Spa Features: Community
  • Dining Room Features: Breakfast Area, Dining/Living Room

Exterior Features

  • View: Bay, Canal, Golf Course, Intracoastal View, Pool, Water
  • Direction Faces: West
  • Patio And Porch Features: Porch/Balcony
  • Pool Features: Above Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • 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
  • Security: Key Card Entry, Lobby Attended

Condo/Co-op/Association

  • Amenities: Elevator(s), Spa/Hot Tub
  • Association: No
  • Community Features: Pool, Exercise Room, Laundry Facilities, Spa/Hot Tub

Schools

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

Lot Info

  • Parcel Number: 02-32-26-043-3450
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6600
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2017
Closed on
May 17, 2018
Sold by
Nockett Elizabeth C
Bought by
Atac Nilperi and Atac Sabri Erzin
Seller's Agent
David Sotolongo
XLS Realty LLC
Buyer's Agent
Sanem Ozeken-Sayin
Keller Williams Eagle Realty
List Price
$1,100,000
Sold Price
$850,000
Premium/Discount to List
-$250,000
-22.73%
Current Estimated Value
$1,781,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$931,215
Avg. Annual Appreciation
10.50%

Purchase Details

Closed on
Jan 31, 2011
Sold by
Bermudo Barbara and Moreno Mario A
Bought by
Nockett Elizabeth C

Purchase Details

Closed on
Jul 28, 2006
Sold by
Ozair Danny
Bought by
Bermudo Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
7.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 27, 2005
Sold by
Lassahn Thaine and Lassahn Shelly
Bought by
Ozair Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 19, 2004
Sold by
Linero William
Bought by
Lassahn Thaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,600
Interest Rate
8.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 15, 2004
Sold by
Burton Jillian
Bought by
Linero William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
6.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Atac Nilperi $850,000 Attorney
Nockett Elizabeth C $360,000 Attorney
Bermudo Barbara $899,000 Title Search Inc
Ozair Danny $635,000 Bayshore Title Insurance Co
Lassahn Thaine $612,000 --
Linero William $612,000 Regal Title Ins Svcs Fl Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bermudo Barbara $712,000
Previous Owner Ozair Danny $444,500
Previous Owner Lassahn Thaine $489,600
Previous Owner Linero William $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2025 09/12/25 Price Changed $23,500 +113.6% $20 / Sq Ft
07/25/2025 07/25/25 Price Changed $11,000 -8.3% $9 / Sq Ft
05/15/2025 05/15/25 Price Changed $12,000 -14.3% $10 / Sq Ft
04/21/2025 04/21/25 Price Changed $14,000 -12.5% $12 / Sq Ft
03/24/2025 03/24/25 Price Changed $16,000 -30.4% $14 / Sq Ft
11/06/2024 11/06/24 Price Changed $23,000 +91.7% $19 / Sq Ft
05/30/2024 05/30/24 Price Changed $12,000 -4.0% $10 / Sq Ft
05/23/2024 05/23/24 Price Changed $12,500 -2.3% $11 / Sq Ft
04/28/2024 04/28/24 Price Changed $12,800 -5.2% $11 / Sq Ft
08/22/2023 08/22/23 Price Changed $13,500 -6.9% $11 / Sq Ft
07/13/2023 07/13/23 Price Changed $14,500 +1.8% $12 / Sq Ft
07/03/2023 07/03/23 Price Changed $14,250 +1.8% $12 / Sq Ft
06/01/2023 06/01/23 Price Changed $14,000 -3.4% $12 / Sq Ft
05/22/2023 05/22/23 Price Changed $14,500 -3.3% $12 / Sq Ft
04/22/2023 04/22/23 Price Changed $15,000 -9.8% $13 / Sq Ft
04/06/2023 04/06/23 Price Changed $16,625 -5.0% $14 / Sq Ft
03/26/2023 03/26/23 Price Changed $17,500 -12.5% $15 / Sq Ft
09/02/2022 09/02/22 Price Changed $20,000 +42.9% $17 / Sq Ft
07/29/2022 07/29/22 Price Changed $14,000 +0.4% $12 / Sq Ft
07/12/2022 07/12/22 Price Changed $13,950 -0.2% $12 / Sq Ft
07/06/2022 07/06/22 Price Changed $13,975 -0.2% $12 / Sq Ft
05/16/2022 05/16/22 Price Changed $14,000 -6.7% $12 / Sq Ft
05/06/2022 05/06/22 For Rent $15,000 +42.9% --
12/11/2019 12/11/19 Rented $10,500 -12.5% --
10/03/2019 10/03/19 Price Changed $12,000 +100.0% $10 / Sq Ft
06/24/2019 06/24/19 Price Changed $6,000 -14.3% $5 / Sq Ft
06/20/2019 06/20/19 Price Changed $7,000 +1.4% $6 / Sq Ft
06/11/2019 06/11/19 Price Changed $6,900 -1.4% $6 / Sq Ft
06/11/2019 06/11/19 Price Changed $7,000 -12.5% $6 / Sq Ft
06/07/2019 06/07/19 Price Changed $8,000 -11.1% $7 / Sq Ft
06/01/2019 06/01/19 Price Changed $9,000 -8.2% $8 / Sq Ft
05/18/2019 05/18/19 Price Changed $9,800 -0.5% $8 / Sq Ft
05/17/2019 05/17/19 Price Changed $9,850 -0.3% $8 / Sq Ft
05/15/2019 05/15/19 Price Changed $9,875 -0.3% $8 / Sq Ft
05/10/2019 05/10/19 Price Changed $9,900 -0.5% $8 / Sq Ft
05/10/2019 05/10/19 Price Changed $9,950 -0.5% $8 / Sq Ft
04/16/2019 04/16/19 Price Changed $10,000 -16.7% $8 / Sq Ft
11/19/2018 11/19/18 For Rent $12,000 0.0% --
05/22/2018 05/22/18 Sold $850,000 -11.5% $720 / Sq Ft View Prior Sale
04/16/2018 04/16/18 Pending -- -- --
04/03/2018 04/03/18 Price Changed $960,000 -8.6% $814 / Sq Ft
03/14/2018 03/14/18 Price Changed $1,050,000 -4.5% $890 / Sq Ft
11/11/2017 11/11/17 For Sale $1,100,000 -- $932 / 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 $24,810 $1,314,497 -- --
2024 $23,645 $1,194,998 -- --
2023 $23,645 $1,086,362 $0 $0
2022 $19,100 $987,602 $0 $0
2021 $17,564 $897,820 $0 $0
2020 $15,801 $816,200 $0 $0
2019 $17,527 $904,459 $0 $0
2018 $5,871 $353,246 $0 $0
2017 $5,811 $345,981 $0 $0
2016 $5,794 $338,865 $0 $0
2015 $5,867 $336,510 $0 $0
2014 $5,966 $333,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10574252

MIAMI REALTORS® MLS

APN: 02-3226-043-3450