One of the best values in the building and a rare opportunity to own a fully renovated residence with a private balcony connected to the iconic 1 Hotel South Beach. Perfect for investors, second-home buyers, or anyone seeking a luxury beachfront lifestyle with income potential. This turnkey residence is ready for immediate enjoyment and short-term rental income. No updates needed and all assessments are paid. The unit features high-end finishes throughout, Samsung appliances, temperature-controlled rain shower, smart thermostat, linear AC diffusers, recessed lighting, and a private balcony for fresh ocean air and indoor-outdoor living. Studios with balconies are rare, with the only west-facing layouts being the coveted 29 and 30 lines. Owners enjoy full access and exclusive resident discounts to the 1 Hotel's five-star amenities, including four resort-style pools and cabanas, rooftop oasis, private beach club, beach umbrella and towel service, Anatomy Fitness, Bamford Wellness Spa, and multiple award-winning restaurants and bars. HOA includes AC, water, cable, WiFi, concierge, 1 assigned Valet parking space, & additional valet. Attn investors: unit 1429 also available to purchase as a package deal.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- BreakfastBar
- BreakfastArea
- KitchenIsland
- LivingDiningRoom
- SittingAreaInPrimary
- WalkInClosets
- Bar
- Flooring: Hardwood, Vinyl, Wood
- Window Features: Drapes, ImpactGlass
Appliances
- Dishwasher
- ElectricRange
- Disposal
- IceMaker
- Microwave
- Refrigerator
- SelfCleaningOven
- Laundry Features: CommonArea
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: Central
- Heating: Yes
Exterior and Lot Features
- Balcony
- PrivacyWall
- SecurityHighImpactDoors
- Patio And Porch Features: Balcony, Open
Waterfront and Water Access
- Water Features: Deeded Beach Access,Other,Unrestricted Salt Water Access
- IntracoastalAccess
- OceanAccess
- OceanFront
- Boat Features: BeachBeach Access
Pool and Spa
- Pool Features: Association
Garage and Parking
- Covered Spaces: 1
- Garage Spaces: 1
- Parking Features: Covered, Guest, OneSpace
Home Features
- View: Intercoastal, Lake
- Security Features: DoorMan, ElevatorSecured, LobbySecured
Homeowners Association
- Association: Yes
- Association Amenities: BeachRights, BikeStorage, Cabana, FitnessCenter, Laundry, Playground, Pool, Sauna, SpaHotTub, Trails, Elevators
- Association Fee: 1382
- Association Fee Frequency: Monthly
- Association Fee Includes: AssociationManagement, Amenities, CommonAreas, CableTv, Hvac, HotWater, Insurance, Internet, Laundry, MaintenanceStructure, Parking, Pools, RecreationFacilities, ReserveFund, Security, Trash, Water
- Calculated Total Monthly Association Fees: 1382
- Pets Allowed: Conditional, Yes
- Senior Community: No
School Information
- Elementary School: North Beach
- High School: Miami Beach
- Middle School: Nautilus
Condo Info
- Unit Location: High Rise,Substantially Remodeled
Rental Info
Other Property Info
- Annual Tax Amount: 7722
- City Region: South Beach
- Source Listing Status: Active
- County: Miami-Dade
- Directions: 23rd and Collins Ave in Miami Beach. On the east side of Collins. Valet parking available.
- Tax Year: 2025
- Restrictions: OkayToLease1stYear, OkToLease
- Source Property Type: Residential
- Area: 32
- List Development Name: Roney Palace Condo
- Property Subtype: condo
- Source Neighborhood: RONEY PALACE CONDO
- Parcel Number: 02-32-26-043-3730
- Postal City: Miami Beach
- Postal Code Plus 4: 1610
- Public Survey Range: 32
- Public Survey Section: 26
- Public Survey Township: 1
- Subdivision: RONEY PALACE CONDO
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 600
- Year Built: 1926
- Construction Materials: Block
- Direction Faces: West
- Entry Level: 3
- Entry Location: 3
- Property Age: 100
- Property Attached: Yes
- Property Condition: UpdatedRemodeled
- Year Built Details: Effective Year Built
- Architectural Style: HighRise
Accessibility Features
- Accessibility Features: AccessibleElevatorInstalled, AccessibleDoors, AccessibleHallways
Utilities
