NOT LISTED FOR SALE

Estimated Value: $1,717,000 - $1,846,000

2 Beds
2.5 Baths
1,530 Sq Ft
$2,716/mo HOA Fee

Last Sold September 12, 2024

Last sale price $1,759,500 $1,150 Per Sq Ft

Current estimated payment $13,953/month

70 Days on Market

Highlights

  • Doorman
  • 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 September 2024

Indulge in luxury living at the renowned Ritz-Carlton Coconut Grove, where each day offers a breathtaking panorama of Sailboat Bay. This direct water view residence boasts 2 bed/2.5 baths with 1530 sq. ft, enveloped in the grandeur of sunlight & blue waters. Unique stone flooring throughout with fully automated blinds & blackouts shades. New high-impact windows & sliding glass doors & new HVAC system replaced in 2022. Residents relish in the world-class amenities of the Ritz-Carlton & all that Coconut Grove Miami has to offer. An array of fine dining, boutique shopping, verdant parks, cinemas, the marina, and other conveniences await you, just a leisurely stroll away.

Last Agent to Sell the Property

Mitzi Mitchell

Cervera Real Estate Inc. License #0639840 Listed on: 06/07/2024

Cervera Real Estate Inc.

Last Buyer's Agent

Karen Stauber

Coldwell Banker Realty License #3256386

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,525

Year Built

  • Built in 2001

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit
  • East Facing Home

HOA Fees

  • $2,716 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Entry on the 16th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,530 Sq Ft Home
  • Awning
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Marble Flooring
  • Bay Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-216-0140

Community Details

Overview

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

Amenities

  • Doorman
  • Valet Parking
  • Community Center
  • Party Room
  • Bar or Lounge
  • Lobby
  • Bike Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,525

Year Built

Built in 2001

Lot Details

0

HOA Fees

$2,716 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Directions: Located in the Tower residences 3400 building. Complimentary valet parking.
  • Entry Level: 16
  • 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 TOWER RESIDENCES COND
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Lobby, Entrance Foyer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1530
  • Other Equipment: Satellite Dish
  • Possible Use: Primary
  • Stories: 22
  • Window Features: Blinds
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay
  • Exterior Features: 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: 1 Space, Guest, Valet, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Doorman, Elevator Secure, Security Patrol

Condo/Co-op/Association

  • Association Fee: 2716
  • Amenities: Bar, Bike Storage, Community Room, Exercise Room, Exterior Lighting, Heated Pool, Other, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-21-216-0140
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 220
  • Number Of Units Total: 120

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 20525

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Sep 11, 2024
Sold by
James M Rosenberg 2019 Revocable Trust and Jakob Klaus
Bought by
Mark And Marisa Schweitzer Living Trust and Schweitzer
Seller's Agent
Mitzi Mitchell
Cervera Real Estate Inc.
Buyer's Agent
Karen Stauber
Coldwell Banker Realty
List Price
$1,990,000
Sold Price
$1,759,500
Premium/Discount to List
-$230,500
-11.58%
Views
20
Current Estimated Value
$1,755,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,366
Avg. Annual Appreciation
-0.23%
Original Mortgage
$766,550
Outstanding Balance
$758,349
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$996,785

Purchase Details

Closed on
Jul 26, 2021
Sold by
The Entrust Group Inc
Bought by
Rosenberg James M and Rosenberg 2019 Revocab James M

Purchase Details

Closed on
Jan 18, 2013
Sold by
Grussmark Deds Msd Stephen M
Bought by
The Entrust Group Inc

Purchase Details

Closed on
Dec 18, 2001
Sold by
Grove Ocean Condo Llc
Bought by
Stephen M Grussmark Dds Psp Of Trus
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
Mark And Marisa Schweitzer Living Trust $1,759,500 Express Title
Rosenberg James M $1,050,000 Pinnacle Title Group Llc
The Entrust Group Inc -- Attorney
Stephen M Grussmark Dds Psp Of Trus $551,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mark And Marisa Schweitzer Living Trust $766,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2024 09/12/24 Sold $1,759,500 -11.6% $1,150 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $1,990,000 -- $1,301 / 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 $23,511 $1,394,110 -- --
2024 $21,381 $1,065,225 -- --
2023 $21,381 $968,387 $0 $0
2022 $18,149 $880,352 $0 $0
2021 $16,067 $734,478 $0 $0
2020 $14,221 $667,708 $0 $0
2019 $15,003 $702,850 $0 $0
2018 $16,357 $780,945 $0 $0
2017 $16,544 $780,945 $0 $0
2016 $16,552 $746,993 $0 $0
2015 $15,334 $679,085 $0 $0
2014 $14,001 $617,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11602516

MIAMI REALTORS® MLS

APN: 01-4121-216-0140