$3,900,000
SOLD MAY 30, 2025
3 Beds
4.5 Baths
4,438 Sq Ft
2002 Built

Recently Sold

$879 Per Sq Ft

15% Below List Price

435 Days on Market

Highlights

  • Valet Parking
  • Ocean View
  • Bar or Lounge
  • Coconut Grove Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • Fitness Center

About This Home

As of May 2025

Experience elevated living at the Ritz-Carlton Penthouse on the 22nd floor, overlooking the Miami skyline and Biscayne Bay. With over 4400 sq. ft., this residence exudes sophistication, ample living and dining spaces with high ceilings, lavish interiors, and spacious terraces. Dedicated reception area and private Resident's elevator, tended by your personal concierge. Enjoy world-class amenities and services. Nestled in Coconut Grove, moments from vibrant culture and dining, this is the epitome of Miami living, and the city's heartbeat is at your doorstep. This is the pinnacle of refined living, offering an unparalleled blend of elegance and breathtaking views.

Last Agent to Sell the Property

Jorge Uribe

One Sotheby's International Realty License #3080567 Listed on: 02/17/2024

One Sotheby's International Realty

Last Buyer's Agent

Bettina Munoz

Compass Florida, LLC. License #3085940

Compass Florida, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $50,803

Year Built

  • Built in 2002

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

Parking

  • 2 Car Garage
  • Assigned Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,438 Sq Ft Home
  • Wet Bar
  • Custom Mirrors
  • Built-In Features
  • Awning
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Theater

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • East of U.S. Route 1

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-231-0130

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Ritz Carlton Condos
  • The Executive Residences Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 22-Story Property

Amenities

  • Valet Parking
  • Sauna
  • Bar or Lounge
  • Elevator
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $7,803

Security

  • Security Service
  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$50,803

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Entry Level: 22
  • 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: THE EXECUTIVE RESIDENCES
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Bar, Built-in Features, Cooking Island, Custom Mirrors, Fire Sprinklers, Entrance Foyer, Pantry, Walk-In Closet(s), Wet Bar, Media Room, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 4438
  • Possible Use: Unknown/Withheld
  • Stories: 22
  • Window Features: Blinds, Drapes
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Media Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Park Building Name: RITZ CARLTON
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Valet, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Card Entry, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Amenities: Bar, Elevator(s), Exercise Room, Other, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-21-231-0130

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 7803

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 50803

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2024
Closed on
May 29, 2025
Sold by
Finazzo Nicolas and Rose Ann
Bought by
S & B Acquisitions Llc
Seller's Agent
Jorge Uribe
One Sotheby's International Realty
Buyer's Agent
Bettina Munoz
Compass Florida, LLC.
List Price
$4,595,000
Sold Price
$3,900,000
Premium/Discount to List
-$695,000
-15.13%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
159.56%

Purchase Details

Closed on
May 31, 2007
Sold by
Findlay Jon Cary
Bought by
Finazzo Nicolas and Finazzo Rose Ann

Purchase Details

Closed on
Jun 5, 2003
Sold by
Grove Ocean Condo Llc
Bought by
Findlay Jon Cary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.25%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,900,000 None Listed On Document
Warranty Deed $3,900,000 None Listed On Document
Warranty Deed $2,800,000 None Available
Special Warranty Deed $1,350,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,087,500 Unknown
Previous Owner $1,000,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $3,900,000 -15.1% $879 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
02/28/2024 02/28/24 For Sale $4,595,000 -- $1,035 / 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 $53,585 $2,823,111 -- --
2024 $50,803 $2,566,465 -- --
2023 $50,803 $2,333,150 $0 $0
2022 $43,726 $2,121,046 $0 $0
2021 $45,065 $2,121,046 $0 $0
2020 $45,174 $2,121,046 $0 $0
2019 $45,277 $2,121,046 $0 $0
2018 $46,764 $2,232,680 $0 $0
2017 $47,619 $2,197,428 $0 $0
2016 $46,796 $2,040,057 $0 $0
2015 $45,010 $1,854,598 $0 $0
2014 $42,465 $1,779,668 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11537747

MIAMI REALTORS® MLS

APN: 01-4121-231-0130