The Roney Palace Condominium is an 18-story mid-rise located at 2301 Collins Avenue in Miami Beach Florida, on the Atlantic Ocean. The original Roney Palace was built by Newton Roney and opened in 1926 (designed by the same architect as the Waldorf in New York City, Florida's Breakers in Palm Beach and the Biltmore in Coral Gables). Roney Plaza was the first hotel on Miami Beach to offer cabanas, tennis and a golf course. Rich in history and fame, guests included the Duke and Duchess of Windsor, Orson Welles and Rita Hayworth. Desi Arnaz often performed in the Roney's world famous Bamboo Room and radio personality Walter Winchell did many of his famous broadcasts there. In 1968 the Franklin Brother Construction Group purchased, demolished and re-built a new Roney Plaza.

Today, the property has retained its historical name and has undergone a major renovation that included new balconies and high impact windows. This historic property is home to the 1Hotel which was recently acquired by Host Hotels and Resorts. It is ideally located on the quiet edge of South Beach, just steps from the beach, Atlantic ocean, Miami City Ballet, Bass Museum of Art, Miami Beach Library, Jackie Gleason Theater, Lincoln Road and Ocean Drive. It shares several huge pool decks with the 1Hotel, providing a resort lifestyle. The property features 600 feet of beachfront, 4 pools, valet parking for over 1,000 cars, and 578 units on 14 floors. Condo rental units are available with a one month minimum.