$2,187,000 - $2,893,000
RENTED APR 20, 2025
3 Beds
2.5 Baths
2,114 Sq Ft
2001 Built

Highlights

  • Valet Parking
  • Property Fronts a Bay or Harbor
  • Fitness Center
  • Coconut Grove Elementary School Rated A
  • Bar or Lounge
  • 3-minute walk to Regatta Park

About This Home

As of April 2025

Indulge in the pinnacle of luxury living with this stunning 3-bedroom residence at the Tower Residences at the Ritz-Carlton Coconut Grove. Wake up to breathtaking panoramic views of glistening waters, seamlessly blending the vibrant marina and the serene beauty of Sailboat Bay. Nestled in the heart of Coconut Grove, this residence offers an unparalleled lifestyle surrounded by lush landscapes, an eclectic dining scene, and rich cultural experiences. Just steps from the marina, enjoy effortless access to an array of waterfront activities. Exclusive resort-style amenities include a sparkling pool, jacuzzi, state-of-the-art fitness center, on-site restaurant and lounge, and 24-hour concierge service, all with the renowned hospitality of the Ritz-Carlton.

Last Agent to Rent the Property

Mitzi Mitchell

Cervera Real Estate Inc. License #0639840 Listed on: 02/07/2025

Cervera Real Estate Inc.

Last Renter's Agent

Non-Member Mls Agent

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38,155

Year Built

  • Built in 2001

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Secure Parking

Home Design

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

Interior Spaces

  • 2,114 Sq Ft Home
  • Furnished
  • Drapes & Rods
  • Formal Dining Room
  • Marble Flooring
  • Bay Views
  • Door Monitored By TV

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Above Ground Pool
  • Balcony

Schools

  • Stephen Foster Elementary School
  • Everglades High School

Utilities

  • Central Heating and Cooling System
  • Satellite Dish

Listing and Financial Details

  • Property Available on 4/1/25
  • Short Term Lease Lease Term
  • Assessor Parcel Number 01-41-21-216-0330

Community Details

Overview

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

Amenities

  • Valet Parking
  • Full Time Lobby Attendant
  • Community Kitchen
  • Community Center
  • Bar or Lounge
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Card or Code Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$38,155

Year Built

Built in 2001

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions
  • Available Date: 2025-04-01
  • Lease Term: Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: US 1 to SW 27 AV head south to 3400 building on the right-hand side just past the hotel entrance. S. BAYSHORE DR to SW 27 AV head north .... left hand side just past the Coconut Grove Bank entrance. Complimentary valet parking.
  • Entry Level: 15
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 22
  • Structure Type: Condo/Co-Op/Off Season, Condo
  • Subdivision Name: THE TOWER RESIDENCES COND,RITZ CARLTON
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 22

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator
  • Spa Yn: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 2114
  • Other Equipment: Satellite Dish, Automatic Garage Door Opener
  • Stories: 22
  • Window Features: Drapes
  • Bedroom Features: Entry Level
  • Dining Room Features: Family/Dining Combination, Formal Dining, Snack Bar/Counter
  • Living Room Features: Laundry

Exterior Features

  • View: Bay
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Features: Above Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE TOWER RESIDENCES COND
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Guest, Valet, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Room
  • Security: Key Card Entry, Lobby Attended, Key/Card Entry Parking, Security Patrol, TV Monitor

Condo/Co-op/Association

  • Amenities: Activity Room, Bar, Elevator(s), Exercise Room, Kitchen Facilities, Other, Security Patrol
  • Association: No

Schools

  • Elementary School: Stephen Foster
  • High School: Everglades

Lot Info

  • Parcel Number: 01-41-21-216-0330
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6110
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2018
Sold by
Towne Holdings 3400 1502 Llc
Bought by
Tlp Ventures Llc
Current Estimated Value
$2,573,423

Purchase Details

Closed on
Dec 10, 2014
Sold by
Knox Edward R
Bought by
Towne Holdings 3400 & 1502 Llc

Purchase Details

Closed on
Oct 11, 2005
Sold by
Wilkie Walter J
Bought by
Rek Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 14, 2003
Sold by
Krieger Albert J and Krieger Irene
Bought by
Wilkie Walter J
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
Tlp Ventures Llc $1,600,000 Attorney
Towne Holdings 3400 & 1502 Llc $9,000 Attorney
Rek Investments Llc $1,250,000 --
Wilkie Walter J $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rek Investments Llc $937,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2025 04/20/25 Rented $12,000 -20.0% --
04/11/2025 04/11/25 Under Contract -- -- --
02/07/2025 02/07/25 For Rent $15,000 -- --
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 $38,155 $1,753,958 -- --
2024 $31,563 $1,594,508 -- --
2023 $31,563 $1,449,553 $0 $0
2022 $27,166 $1,317,776 $0 $0
2021 $25,453 $1,197,979 $0 $0
2020 $25,515 $1,197,979 $0 $0
2019 $23,678 $1,109,240 $0 $0
2018 $21,342 $1,109,240 $0 $0
2017 $21,610 $887,392 $0 $0
2016 $24,210 $1,109,240 $0 $0
2015 $22,422 $1,008,400 $0 $0
2014 $15,476 $723,593 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11740165

MIAMI REALTORS® MLS

APN: 01-4121-216-0330