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Buildings/Miami Beach/RONEY PALACE CONDO

Luxury

RONEY PALACE CONDO

2301 COLLINS AVE, Miami Beach 33139

★ 4.5

1926

Year Built

682

Units

CI Score

Moderate

For Sale

$1.4M

Avg Price

$1,166

Sale $/SF

For Rent

$5,000

Avg Rent

$10.00

Rent $/SF

+7.1%

YoY

For Sale

For Rent

Investor-Owned

90%

Avg HOA

$2,003/mo

Roney Palace is a historic 682-unit luxury condominium located on Collins Avenue in Miami Beach, built in 1926. This premium property offers a wide range of unit sizes from studios to 4-bedroom residences, catering to diverse lifestyle needs. The building commands strong market presence with an investment score of 65.54/100 and maintains an excellent 4.5 Google rating.

Building Details

Address

2301 COLLINS AVE, Miami Beach, 33139

Neighborhood

Miami Beach

Year Built

1926

Total Units

682

Avg Unit Sqft

844 SF

Tier

Luxury

Avg $/SF

$1,165.59

Avg Rent

$5,000/mo

Rent $/SF

$10.00/SF

HOA Range

$1,382 – $5,149

Google Rating

4.5 (421 reviews)

Neighborhood Rank

Top 2%

Avg Unit Value

$790K

Total Sales (All-Time)

2,226

Phone

(305) 538-9395

Amenities

LobbyElevatorPoolFitness CenterParkingSecurityConcierge

Visit Building Website →

Investment Analysis

Yield Metrics

Rental Yield (annualized)6.6%

YoY Appreciation+7.1%

Total Yield126.5%

Market Data

Sale Price Trend ($/SF)

$1,014

-15.9%

Rental Price Trend ($/SF)

$8.33

+0.7%

Building Activity

Days on Market

126

days

Sitting longer

Months of Inventory

38.7

months

Buyer's market

Sale-to-List Ratio

92.8%

Buyers negotiating

Price Reductions

100%

of listings

Many price cuts

Closed Sales (120d)

transactions

Moderate activity

Median Rent

$5,000

/month

Sales & Listings

Active Listings

For Sale (6)

$690K

Unit 423

0 bd1 ba660 sf

$1045/SF82 DOM

$695K

1 bd1 ba760 sf

$699K

0 bd1 ba600 sf

$699K

0 bd1 ba660 sf

$729K

Unit 931

1 bd1 ba760 sf

$959/SF1 DOM

$749K

Unit 1030

0 bd1 ba600 sf

$1248/SF462 DOM

For Rent (6)

$3K

Unit 1229

0 bd1 ba600 sf

$6/SF

$4K

Unit 533

1 bd2 ba980 sf

$4/SF4 DOM

$4K

0 bd1 ba760 sf

$5/SF124 DOM

$4K

Unit 621

0 bd1 ba600 sf

$6/SF28 DOM

$4K

660 sf

$4K

0 bd1 ba760 sf

$5/SF287 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Feb 24, 2026	$640K	$1,066.67	0/1	600
Feb 9, 2026	$730K	$960.53	1/1	760
Jan 16, 2026	$650K	$855.26	0/1	760
Jan 12, 2026	$1.1M	$1,211.11	1/2	900
Dec 19, 2025	$1.3M

Units & Ownership

Total Units

682

Avg Sqft

844 SF

Avg Assessed

$783K

Owner-Occupied

10%

Tax & Ownership

Investor-Owned

90%

Owner-Occupied

10%

Avg Assessed Value

$783K

Avg Taxable Value

$776K

Effective Year Built

1926

Zoning

6600

Unit Mix

Studio229

Avg 694 SF

1 BR278

Avg 966 SF

2 BR47

Avg 1,379 SF

3 BR2

Avg 2,330 SF

4 BR1

Avg 2,520 SF

Unknown125

Avg 606 SF

Unit Directory

Showing 10 of 682 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
—	—	—	—	—	—	—	—	—
1	—	—	2,325	$1.0M	—	$10.0M	$4,301	Oct 2015
3	—	—	1,527	$687K	—	$10.0M	$6,549	Oct 2015
4	—	—	1,634	$735K	—	$10.0M	$6,120	Oct 2015
5	—	—	1,191	$100	—	$10.0M	$8,396	Oct 2015
7	—	—	985	$100	—	$10.0M	$10,152	Oct 2015
8	—	—	1,267	$100	—	$10.0M	$7,893	Oct 2015
9	—	—	1,254	$100	—	$10.0M	$7,974	Oct 2015
11	—	—	1,236	$100	—	$10.0M	$8,091	Oct 2015
12	—	—	1,233	$123K	—	$10.0M	$8,110	Oct 2015

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RONEY PALACE CONDO

Building Details

Investment Analysis

Yield Metrics

Liquidity & Demand

Market Data

Sales & Listings

Units & Ownership

Photos

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