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$2,200,000

Beds
2
Baths
2.0
sq ft
1,180

2301 Collins Ave Unit 1626, Miami Beach, FL 33139

2301 Collins Ave Unit 1626

Miami Beach, FL 33139

  • 542 days on market
    • Price drop $100,000↓
Fabulous and luxurious 2 bed-2 bath with 14 feet high ceilings, at The Roney Palace one of South Beach’s hottest buildings. Cable, internet, with 1 parking spot included in the maintenance. All assessments paid! 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. Valet parking, full-time security, laundry on every floor, onsite management office. Great investment opportunity flexible rental restrictions (30 days rental allowed)

Details

Property type

Condominium

Est. home value

$2,210,183

Lot size

Unknown

Price per sq ft

$1,865

Year built

1926

Annual property taxes

$13,237

Monthly HOA fee

$2,065

Price History

04/25/2024
SEF

SEF #A11371588

Price change
$2,200,000
-4.35%
04/13/2023
SEF

SEF #A11371588

Listed
$2,300,000
+64.29%
02/11/2022
SEF

SEF #A11039940

Sold
$1,400,000
+86.67%

Schools & Community

Neighborhood: 

Oceanfront

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Mortgageit Inc

Loan start date

November 2005

Original loan amount

$624,000

Est. remaining balance

Not provided

Interest rate

7.05%

Loan type

Balloon, 30 year

Seller

James Budman

Lender

Mortgageit Inc

Loan start date

November 2005

Original loan amount

$156,000

Est. remaining balance

Not provided

Interest rate

5.37%

Loan type

Stand Alone Second, 15 year

Seller

James Budman

Lender

Mortgageit Inc

Loan start date

November 2005

Original loan amount

$156,000

Est. remaining balance

Not provided

Interest rate

5.37%

Loan type

Stand Alone Second, 15 year

Seller

James Budman

Lender

Mortgageit Inc

Loan start date

November 2005

Original loan amount

$624,000

Est. remaining balance

Not provided

Interest rate

7.05%

Loan type

Balloon, 30 year

Seller

James Budman

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/05/2024 at 10:00 PM

Listing updated: 09/30/2024 at 5:50 PM

Listed by: Francesco Cecchini, Miami Dreams Realty Inc. Phone #: (786) 363-9104

MLS: SEF #A11371588

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