NOT LISTED FOR SALE

Estimated Value: $4,378,982 - $4,596,000

3 Beds
3.5 Baths
2,137 Sq Ft
$2,632/mo HOA Fee

Last Sold March 25, 2022

Last sale price $4,255,000 $1,991 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $32,196/month

61 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • New Construction
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Fitness Center
  • Marble Flooring

About This Home

As of March 2022

Step inside the stunning Unit 1102 at The Ritz Carlton Residences in Sunny Isles Beach. This 2,475 Sq. Ft. flow-thru smart home by architect Arquitectonica & designer Michele Bonan artfully brings you unobstructed ocean, city, and Intracoastal views. This home has 3 bedrooms plus a family room, 3.5 bathrooms, a private elevator, and airy 10 ft ceilings. Any chef would enjoy the gourmet Gaggenau kitchen with Snaidero cabinetry and Ceasarstone quartz when hosting their guests on the picturesque open balcony. Visit the private 33rd-floor club, spa, and state-of-the-art fitness facilities. Relax in the lush beach garden with 250 linear feet of private beach with cabanas or any of the oceanfront and sunset pools.

Last Agent to Sell the Property

Ivan Chorney

Compass Florida, LLC. License #3157854 Listed on: 12/02/2021

Compass Florida, LLC.

Co-Listed By

Michael Martirena

Compass Florida, LLC. License #3139315

Last Buyer's Agent

Violetta Kruszelnicki

One Sotheby's International Re License #507464

One Sotheby's International Re

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $42,952

Year Built

  • Built in 2020 | New Construction

HOA Fees

  • $2,632 Monthly HOA Fees

Interior Spaces

  • 2,137 Sq Ft Home
  • Furnished
  • Built-In Features
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 31-22-14-047-0490

Community Details

Overview

  • High-Rise Condominium
  • Ritz Carlton Sunny Isles Condos
  • 15701 Collins Condo Subdivision
  • 52-Story Property

Amenities

  • Valet Parking
  • Secure Lobby
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$42,952

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$2,632 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Entry Level: 11
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 15701 COLLINS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Other, Walk-In Closet(s), Family Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 2137
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 52
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Family Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Ocean View, Direct Ocean, Water View
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled, New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Ritz Carlton Sunny Isles
  • Parking Features: Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Card Entry, Lobby Secured, Other

Condo/Co-op/Association

  • Association Fee: 2632
  • Amenities: Elevator(s), Exercise Room, Exterior Lighting, Other, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-14-047-0490
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 2632

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 42952

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Feb 26, 2021
Sold by
Beatum Re Corp
Bought by
Cobb Sharon A
Seller's Agent
Diego Guillen
DGS Real Estate, LLC
Buyer's Agent
Ivan Chorney
Compass Florida, LLC.
List Price
$3,500,000
Sold Price
$3,330,000
Premium/Discount to List
-$170,000
-4.86%
Current Estimated Value
$4,477,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,147,859
Avg. Annual Appreciation
6.91%
Original Mortgage
$2,996,667
Outstanding Balance
$2,678,227
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,799,632
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cobb Sharon A $3,330,000 Union Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobb Sharon A $2,996,667
Previous Owner Beautum Re Corp $1,613,250
Previous Owner Beatum Re Corp $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $4,255,000 +1.3% $1,991 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
12/02/2021 12/02/21 For Sale $4,200,000 0.0% $1,965 / Sq Ft
05/01/2021 05/01/21 Rented $25,000 -10.7% --
03/12/2021 03/12/21 Under Contract -- -- --
03/03/2021 03/03/21 For Rent $28,000 0.0% --
03/01/2021 03/01/21 Sold $3,330,000 -4.9% $1,345 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
12/01/2020 12/01/20 For Sale $3,500,000 0.0% $1,414 / Sq Ft
11/18/2020 11/18/20 Rented $14,000 0.0% --
09/25/2020 09/25/20 For Rent $14,000 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $58,003 $3,616,620 -- --
2024 $58,710 $3,444,400 -- --
2023 $58,710 $3,444,400 $0 $0
2022 $44,710 $2,609,388 $0 $0
2021 $42,952 $2,416,100 $0 $0
2020 $5,330 $297,301 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11130640

MIAMI REALTORS® MLS

APN: 31-2214-047-0490