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$520,000

2301 Collins Ave #522, Miami Beach, FL 33139

Baths
1
Living area
660 ft²
Price per ft²
$788 / ft²
Type
Condo
Year built
1926
HOA
$1,559 / mo HOA
On market
85 days on market
MLS #
A12055385

Enjoy the ultimate South Beach lifestyle at Roney Palace, where residents share the majority of the world-class amenities of the adjacent 1 Hotel South Beach. This spacious 660-square-foot studio offers exceptional value and the opportunity to renovate and personalize the space to your own style. The thoughtfully designed layout includes a separate sleeping area, polished concrete floors, stainless steel kitchen appliances, and an open floor plan ready for your vision. The building permits rentals up to 12 times per year with a 30-day minimum, making it ideal as a primary residence, vacation home, or investment property. Residents enjoy resort-style amenities including three oceanfront pools, beach service, valet, 24-hour security, Anatomy Fitness (with additional membership fee), exceptional dining, and direct access to Miami Beach. Ideally located just moments from Lincoln Road, world-class shopping, acclaimed restaurants, entertainment, and everything South Beach has to offer. Furniture Available.

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 $788. The median for recorded sales in the same ZIP codes is $606/ft² — putting it 30% above the median.
  • Position in the area’s price distributionThe asking price is $520,000; the median of recorded sales in the area is $590,000 (2,276 sales). On raw price that is 12% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,559 per month comes to $18,708 a year — 3.6% 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%$156,000
Term

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

Estimated monthly payment$2,520
Loan amount
$364,000
Total interest over the term
$543,294
Total repaid
$907,294

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

Keller Williams Capital Realty

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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