Seller's Agent in 2024
David Sotolongo
XLS Realty LLC
(786) 766-7828
21 in this area
22 Total Sales
Roney Palace 2301 Collins Ave Unit 1618 Miami Beach, FL 33139
Miami Beach Boardwalk NeighborhoodEstimated Value: $1,196,000 - $1,342,000
1
Bed
1
Bath
840
Sq Ft
$1,659/mo
HOA Fee
Highlights
- Valet Parking
- Ocean Front
- Community Pool
- North Beach Elementary School Rated A-
- Wood Flooring
- 3-minute walk to Collins Park
About This Home
As of December 2024Rare 16th floor 850-square-foot, open loft-style residence with sweeping 14-foot high ceilings. Stunning Ocean and 1 Hotel Pool view, Washer/ Dryer, Cable, WiFi, water and valet with 1 parking spot included. Additional Laundry room on every floor. Situated inside the same building as the luxurious 1 Hotel, Roney Palace residents enjoy the best of South Beach with access to 3 oceanfront swimming pools, a hot tub and beach service.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $15,174
Year Built
- Built in 1926
Lot Details
- Ocean Front
HOA Fees
- $1,659 Monthly HOA Fees
Parking
- 1 Car Garage
- Secured Garage or Parking
Property Views
Interior Spaces
- 840 Sq Ft Home
- Wood Flooring
- Video Cameras
Kitchen
- Built-In Oven
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Property has ocean access
Schools
- North Miami Elementary School
- Nautilus Middle School
- Miami Beach High School
Utilities
- Central Air
- No Heating
- Partial Permanent Generator
Listing and Financial Details
- Assessor Parcel Number 02-32-26-043-2340
Community Details
Overview
- High-Rise Condominium
- Roney Palace Condominium Condos
- Roney Palace Condo Subdivision
- 17-Story Property
Amenities
- Valet Parking
- Trash Chute
- Elevator
- Secure Lobby
- Bike Room
Recreation
Pet Policy
- Breed Restrictions
Security
- Security Service
- High Impact Windows
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2024
Closed on
Nov 26, 2024
Sold by
Longo Patricia
Bought by
Hofman Martin
Seller's Agent
David Sotolongo
XLS Realty LLC
Buyer's Agent
David Sotolongo
XLS Realty LLC
List Price
$1,400,000
Sold Price
$1,299,000
Premium/Discount to List
-$101,000
-7.21%
Total Days on Market
102
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,563
Avg. Annual Appreciation
-4.20%
Original Mortgage
$909,300
Outstanding Balance
$905,985
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$371,452
Purchase Details
Closed on
May 17, 2017
Sold by
Dufour Sylvain and Peters Vanessa
Bought by
Longo Patricia
Purchase Details
Closed on
May 31, 2012
Sold by
George Robert H and Rejebian Vivian A
Bought by
Dufour Sylvain and Peeters Vanessa
Purchase Details
Closed on
Aug 1, 2005
Sold by
Rosenberg Laurence
Bought by
George Robert H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
5%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 17, 2003
Sold by
City National Bank Of Florida
Bought by
Rosenberg Laurence
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,550
Interest Rate
6.45%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hofman Martin | $1,299,000 | None Listed On Document | |
| Longo Patricia | $640,000 | Stewart Title Company | |
| Dufour Sylvain | $435,000 | Attorney | |
| George Robert H | $560,000 | Nations Title Services | |
| Rosenberg Laurence | $372,000 | Equity Land Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hofman Martin | $909,300 | |
| Previous Owner | George Robert H | $412,000 | |
| Previous Owner | Rosenberg Laurence | $281,550 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/02/2024 12/02/24 | Sold | $1,299,000 | +28449.5% | $1,546 / Sq Ft |
| 11/30/2024 11/30/24 | Pending | -- | -- | -- |
| 10/31/2024 10/31/24 | Off Market | $4,550 | -- | -- |
| 10/02/2024 10/02/24 | For Sale | $1,400,000 | 0.0% | $1,667 / Sq Ft |
| 09/27/2024 09/27/24 | For Rent | $4,550 | 0.0% | -- |
| 09/01/2024 09/01/24 | Pending | -- | -- | -- |
| 08/20/2024 08/20/24 | For Sale | $1,400,000 | -- | $1,667 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $15,174 | $787,241 | -- | -- |
| 2023 | $15,174 | $715,674 | $0 | $0 |
| 2022 | $12,633 | $650,613 | $0 | $0 |
| 2021 | $11,618 | $591,467 | $0 | $0 |
| 2020 | $10,824 | $595,800 | $0 | $0 |
| 2019 | $9,473 | $488,817 | $0 | $0 |
| 2018 | $8,924 | $474,580 | $0 | $0 |
| 2017 | $10,412 | $540,065 | $0 | $0 |
| 2016 | $10,696 | $490,969 | $0 | $0 |
| 2015 | $10,387 | $446,336 | $0 | $0 |
| 2014 | $8,244 | $405,760 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Sotolongo
About Roney Palace
Map
Similar Homes in Miami Beach, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11645071
APN: 02-3226-043-2340
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