RONEY PALACE CONDO in Miami Beach

RONEY PALACE CONDO
Homes for Sale in Miami Beach, FL

Community in Miami Beach · Miami-Dade County · ZIP 33139
Median sale $1.27M
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Live Market Pulse
33/100
Market Heat
Cooler than normal
2019 → 2026 · 64 at the 2022 peak
0 is RONEY PALACE CONDO's coldest market since 2019, 100 its hottest. Today: 33. How it's scored

Photo via miami

Built fromLive miami data8 years of closingsUpdated twice daily
Live · RONEY PALACE CONDO Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$1.27M
Median sold · 12 mo
up 36.8% vs the prior 12 months
+36.8%
1-yr price change
n = 17 and 15 sales in the two windows
$1412/sf
Sold $/sqft · 12 mo
peak $1412 in 2026
90.4%
Sale vs ask
Tempo
112days
Median DOM · closed
51 days at the 2022 low
17
Sold · last 12 mo
10-yr average: about 21 a year
Ownership and context
100%
Cash buyers · RONEY PALACE CONDO
17 of 17 sales, 12 mo ending July 2026
Track record · 8 years of records
900sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

The number that matters most here is the price per square foot: just over $1,412, which points to a building where value is concentrated in a compact footprint rather than square footage. At a median price of $1,265,000, buyers are paying for location and unit type, not size, so any comparison to larger-format condos elsewhere in the county will mislead more than it helps.

With only 17 closings in this window, the reported 36.8% year-over-year swing should be read as a signal of a thin, low-volume market rather than a broad repricing trend. A 112-day median days on market confirms it: sellers are not moving quickly, and buyers who come in with patience and a clear number in mind have room to negotiate on timeline if not always on price.

RONEY PALACE CONDO Housing Pulse · Momentum Research · as of July 20, 2026

RONEY PALACE CONDO right now

🟢 Still climbing. The trailing-12-month median ($1.27M) is up 36.8% from the prior 12 months ($925K). With about 21 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level miami closed sales, 12-month windows ending July 20. Confidence: High (17 and 15 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 20, 2026 · Live data: miami, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

RONEY PALACE CONDO market snapshot (as of July 20, 2026): the median sale price is about $1.27M ($1412 per sq ft over the trailing 12 months of closed sales), and a median 112 days on market for closed sales. The trailing-12-month median is up 37% from the prior 12 months, computed from record-level miami closed sales (17 closings in the current window).

Roney Palace trades in a narrow, high-price-per-square-foot lane where a handful of closings can swing the year-over-year number sharply, and a 112-day median days on market suggests deals take time to close rather than move fast.

Best for

  • A buyer with a defined budget near the $1,265,000 median who values a smaller, high-per-square-foot unit over overall size.
  • A buyer able to wait through a longer closing timeline, given the 112-day median days on market.
  • A buyer who wants direct confirmation of building amenities and association details rather than relying on listing summaries alone.

Probably not for

  • A buyer expecting a fast, competitive-offer environment — the current heat score does not support that.
  • A buyer who wants a large year-over-year statistic to be a stable predictor of pricing, given the small closings sample.
  • A buyer who needs confirmed on-site amenities as a deciding factor before touring.

Windows contain 10 to 41 sales each (17 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$500K$1M20182020202220242026
Up 36.8% year over year.
Every sale since 2018 · price vs size
$0$2M$4M1k2k
192 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$750$1K$1K$2K20182020202220242026
Up from $664 in 2018 to a $1412 peak in 2026; $1412 now.
Median days on market · closed sales
608010020182020202220242026
51 days at the 2022 low; 112 now.
Sale price vs original ask · median
90%92%95%98%20182020202220242026
90.4% now.
Homes sold per 12-mo window
0204020182020202220242026
10 to 41 a year; 17 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2020202220242026
64 at the 2022 peak, 33 in the troughs, 33 now. Same score as the hero card, full history.
How much local inventory is already under contract

0% of homes for sale in ZIP 33139 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-07-18).

RONEY PALACE CONDO Market Scorecard

Balanced

RONEY PALACE CONDO is currently a balanced market., and homes go under contract in about 114 days.

$1,265,000
Median sold
$1476
List $/sqft
114
Days on mkt
38/0/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: miami, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in RONEY PALACE CONDO

Live MLS inventory for RONEY PALACE CONDO. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending RONEY PALACE CONDO listings as of 2026-08-21, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Tap any home to ask about it.

If we were buying in RONEY PALACE CONDO today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in RONEY PALACE CONDO.

Best Buy
A buyer targeting a specific unit type or view line who is not price-sensitive to a per-square-foot premium.
Biggest Risk
With only 17 closings in the window, headline trend figures can shift sharply on a single sale.
Sweet Spot
Buyers comfortable transacting near the $1,265,000 median who plan to hold rather than flip quickly.
Avoid If
You need amenity specifics confirmed upfront — current MLS data lists none, so that requires direct verification.

Thin Volume, Outsized Swings

A market heat score of 33 alongside a 36.8% year-over-year gain looks contradictory at first glance, but it is not. Heat measures current competitive pressure — how fast listings move and how tight the buyer pool is right now — and at 33 this building is not showing urgency. The year-over-year figure instead reflects what a small number of closings did compared to the same window last year, and with only 17 sales feeding that comparison, one or two higher-priced units can move the percentage substantially without changing the underlying pace of the market.

The 112-day median days on market is the more reliable read on current conditions. It tells buyers that listings here are not routinely fielding multiple offers in the first weeks, and it tells sellers that pricing at or near market from the outset matters more than chasing a headline percentage. No community amenities are listed in current MLS data, so verifying building-specific features, association details, and unit-level condition directly with the building or association is a necessary step before writing an offer.

The location and the amenities are priced into every listing in RONEY PALACE CONDO. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this thin, the difference between a fair price and an overpay often comes down to knowing which of the 17 recent closings are genuinely comparable and which are outliers skewing the trend. We pull the underlying sales, not just the headline stats, and negotiate on a 112-day-DOM timeline instead of a rushed one.

RONEY PALACE CONDO in 15 seconds.

Best forA buyer targeting a specific unit type or view line who is not price-sensitive to a per-square-foot premium.
Biggest advantageThe long 112-day median days on market gives buyers real negotiating room on price and terms.
Biggest riskWith only 17 closings in the window, headline trend figures can shift sharply on a single sale.
Sweet spotBuyers comfortable transacting near the $1,265,000 median who plan to hold rather than flip quickly.
Avoid ifYou need amenity specifics confirmed upfront — current MLS data lists none, so that requires direct verification.

HOA, CDD & Fees

In short
  • Mandatory HOA. Confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed RONEY PALACE CONDO sales matched to your home.

What is your RONEY PALACE CONDO home worth?

Get a no-obligation home value based on real comparable sales in RONEY PALACE CONDO, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in RONEY PALACE CONDO on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in RONEY PALACE CONDO?
The median sale price in RONEY PALACE CONDO was $1.27M over the 12 months ending July 20, 2026 (17 closed sales, miami).
How long do homes in RONEY PALACE CONDO take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 112 days on market (17 sales, miami).
Do cash buyers compete in RONEY PALACE CONDO?
Cash buyers took 100% of RONEY PALACE CONDO sales in the 12 months ending July 2026 (17 of 17 closings, miami).
Who is the best real estate agent for RONEY PALACE CONDO?
The best agent for RONEY PALACE CONDO is one who actively works Miami Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for RONEY PALACE CONDO.
How do I find a top Miami Beach real estate agent who knows RONEY PALACE CONDO?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows RONEY PALACE CONDO and the wider Miami Beach area.
Can Momentum Realty connect me with an agent for RONEY PALACE CONDO?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your RONEY PALACE CONDO purchase or sale - no call center and no pressure.
A buyer with a defined budget near the $1,265,000 median who values a smaller, high-per-square-foot unit over overall size.Excellent fit
A buyer able to wait through a longer closing timeline, given the 112-day median days on market.Excellent fit
A buyer who wants direct confirmation of building amenities and association details rather than relying on listing summaries alone.Excellent fit
A buyer expecting a fast, competitive-offer environment — the current heat score does not support that.Probably not
A buyer who wants a large year-over-year statistic to be a stable predictor of pricing, given the small closings sample.Probably not
A buyer who needs confirmed on-site amenities as a deciding factor before touring.Probably not

Data sources & freshness

Community market statsmiami closed sales, 12-month windows ending July 20, 2026
Under-contract sharesmiami records, as of 2026-07-18
Historical depthClosed-sale records back to 2018 (192 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of miami records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the miami member average and 8 days faster, and we’ll price yours against live your area comps.

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CallFree valuation →
Thinking of selling in RONEY PALACE CONDO? 17 recorded closings; median 112 days on market (window ending 2026-07-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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