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$630,000

2301 Collins Ave #543, Miami Beach, FL 33139

Baths
1
Living area
660 ft²
Price per ft²
$955 / ft²
Type
Condo
Year built
1926
HOA
$1,408 / mo HOA
On market
249 days on market
MLS #
A11963966

Direct ocean View studio with tenant in place willing to stay; Immediate cashflow Lowest price /SQ foot in the building; excellent opportunity to own an oceanfront studio in the iconic Roney Palace. This 660-sq-ft unit offers unobstructed, direct Ocean views through large windows — a front-row experience to sunrise The unit was updated a decade ago and now presents an excellent canvas for a tasteful renovation to create a modern, turnkey beach pied-à-terre or an investor income unit. Cable and WIFI included On-site restaurants include Habitat, STK, Planthouse organic cafe, Watr at the rooftop and more! Home to Soul Cycle, Anatomy Gym, high end spa and retail fashion boutiques. Valet and full-time security. 30 day rental allowed.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $955. The median for recorded sales in the same ZIP codes is $606/ft² — putting it 58% above the median.
  • Position in the area’s price distributionThe asking price is $630,000; the median of recorded sales in the area is $590,000 (2,276 sales). On raw price that is 7% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,408 per month comes to $16,896 a year — 2.7% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$189,000
Term

7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.

Estimated monthly payment$3,053
Loan amount
$441,000
Total interest over the term
$658,222
Total repaid
$1,099,222

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Live Work Play Miami Group, LLC.

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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