Atlantic Luxury Advisors
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31 photos

2301 Collins Ave #543

Miami Beach, FL 33139

$630,000
0
1
660 sq ft
1926
1 car
Condominium
$1,408/mo
Yes
163
Active

Listing courtesy of Live Work Play Miami Group, LLC. (MarieJosee Trincaz). Contact: [email protected].

About this home

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.

What it costs to own
Estimated monthly payment
$5,894/mo
Principal and interest
$3,186
Property tax
$908
Homeowners insurance
$392
HOA
$1,408

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$10,890/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$1,408/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.