NOT LISTED FOR SALE

Estimated Value: $793,618 - $1,065,000

1 Bed
1.5 Baths
896 Sq Ft
$977/mo HOA Fee

Last Sold April 24, 2018

Last sale price $475,000 $530 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,738/month

126 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Fitness Center
  • Coconut Grove Elementary School Rated A
  • Bar or Lounge
  • Marble Flooring

About This Home

As of April 2018

Modern styled "07" line which has not been available for some time. One bedroom with one full bath plus half bath at the Residences Ritz-Carlton in Coconut Grove. Partial water view towards Sailboat Bay and faces toward Grove at Grand Bay. Marble floors throughout. Must be purchased with tenant in place through December 1, 2018. Tenant pays $3100. a month Fantastic location -walking distance to all restaurants, shopping, 3 parks, movies and marina. Enjoy world-class hotel amenities, restaurant & bar.

Last Agent to Sell the Property

Mitzi Mitchell

Cervera Real Estate Inc. License #0639840 Listed on: 10/25/2017

Cervera Real Estate Inc.

Last Buyer's Agent

Johnetta Shearer

Beachfront Realty Inc License #3021007

Beachfront Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,394

Year Built

  • Built in 2002

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $977 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Entry on the 15th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 896 Sq Ft Home
  • Furnished
  • Awning
  • Blinds
  • Combination Dining and Living Room
  • Marble Flooring
  • Bay Views
  • Intercom Access

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Courtyard
  • Exterior Lighting

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-231-0810

Community Details

Overview

  • High-Rise Condominium
  • Ritz Carlton Condos
  • Ritz Carlton,The Executive Reside Subdivision
  • Car Wash Area
  • 22-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Bar or Lounge
  • Elevator
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool
  • Bike Trail

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,394

Year Built

Built in 2002

Lot Details

0

HOA Fees

$977 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: US 1 to SW 27th Avenue and head South or S. Bayshore Drive to 27th Avenue and head north. Hotel entrance - NOT in residence tower but HOTEL TOWER - HOTEL ENTRANCE. Valet park at hotel entrance and your parking will be validated.
  • Entry Level: 15
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Ritz Carlton,THE EXECUTIVE RESIDE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Marble
  • Furnished: Furnished, Unfurnished
  • Living Area: 896
  • Other Equipment: Intercom
  • Possible Use: Secondary
  • Stories: 22
  • Window Features: Blinds
  • Bedroom Features: Entry Level, Other
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay
  • Exterior Features: East Of Us1, Courtyard, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Awning(s), Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Ritz Carlton
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Guest

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Doorman, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 977
  • Amenities: Bar, Bike/Jog Path, Elevator(s), Exercise Room, Exterior Lighting, Other, Pool, Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-21-231-0810
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 6394

Multi Family

  • Maintenance Expense: 977

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Mar 28, 2018
Sold by
Ombu Emmanuel I
Bought by
Moorehead Thomas A and Moorehead Joyce A
Seller's Agent
Mitzi Mitchell
Cervera Real Estate Inc.
Buyer's Agent
Johnetta Shearer
Beachfront Realty Inc
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Current Estimated Value
$921,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,905
Avg. Annual Appreciation
9.04%

Purchase Details

Closed on
Feb 20, 2003
Sold by
Grove Ocean Condo Llc
Bought by
Ombu Emmanuel I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moorehead Thomas A $475,000 Attorney
Ombu Emmanuel I $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ombu Emmanuel I $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2018 04/24/18 Sold $475,000 -4.8% $530 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
10/25/2017 10/25/17 For Sale $499,000 -- $557 / Sq Ft
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 $10,987 $574,871 -- --
2024 $9,766 $522,610 -- --
2023 $9,766 $475,100 $0 $0
2022 $8,163 $395,953 $0 $0
2021 $7,648 $359,958 $0 $0
2020 $7,666 $359,958 $0 $0
2019 $7,684 $359,958 $0 $0
2018 $7,180 $342,817 $0 $0
2017 $7,312 $337,404 $0 $0
2016 $7,392 $327,481 $0 $0
2015 $7,374 $316,402 $0 $0
2014 $6,732 $287,639 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10361746

MIAMI REALTORS® MLS

APN: 01-4121-231-0810