$3,200,000
SOLD APR 15, 2025
2 Beds
2.5 Baths
2,114 Sq Ft
$3,812/mo HOA Fee

Recently Sold

$1,514 Per Sq Ft

8% Below List Price

54 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Marble Flooring
  • Coconut Grove Elementary School Rated A
  • Fitness Center
  • 3-minute walk to Regatta Park

About This Home

As of April 2025

Breathtaking and unobstructed bayfront water views in the most desirable 02 line at the exclusive Ritz-Carlton Tower Residences. This stunning home has had a total custom rebuild, thoughtfully designed to offer an elegant open floor plan, a dream kitchen, spacious bedrooms, high end finishes, all with comfort and sophistication. The beautiful one of a kind residence comes with all the 5-star amenities the Ritz-Catlton Coconut Grove is famous for. This is luxury living at its finest in Miami’s most sought-after neighborhood.

Last Agent to Sell the Property

Raul Rivero

Cervera Real Estate Inc. License #0682333 Listed on: 01/10/2025

Cervera Real Estate Inc.

Co-Listed By

Glen Janney

Cervera Real Estate Inc. License #0682284

Last Buyer's Agent

Jessica Deaunovich

Compass Florida, LLC License #3573272

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,560

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $3,812 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,114 Sq Ft Home
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Marble Flooring
  • Bay Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-216-0340

Community Details

Overview

  • 120 Units
  • High-Rise Condominium
  • Tower Residences Condos
  • The Tower Residences Cond Subdivision
  • 22-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Trash Chute
  • Community Center
  • Party Room
  • Elevator
  • Secure Lobby
  • Bike Room

Recreation

  • Fitness Center
  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,560

Year Built

Built in 2001 | Remodeled

Lot Details

0

HOA Fees

$3,812 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: CERN03
  • Co List Office Phone: 305-856-9626
  • Directions: GPS to 3400 SW 27th Avenue, Complimentary Valet Parking
  • Entry Level: 16
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • 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, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Split Bedroom, Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2114
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 22
  • Window Features: Blinds
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Other

Exterior Features

  • View: Bay
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TOWER RESIDENCES
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 3812
  • Amenities: Barbecue, Bike Storage, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-21-216-0340
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 120

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 34560

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Apr 15, 2025
Sold by
Phinney Michael P and Phinney Kathleen M
Bought by
Haworth Stephen and Haworth Karen
Seller's Agent
Raul Rivero
Cervera Real Estate Inc.
Buyer's Agent
Jessica Deaunovich
Compass Florida, LLC
List Price
$3,495,000
Sold Price
$3,200,000
Premium/Discount to List
-$295,000
-8.44%
Views
6
Current Estimated Value
$3,188,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,296
Avg. Annual Appreciation
-0.95%
Original Mortgage
$2,677,500
Outstanding Balance
$2,668,467
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$520,237
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 $3,200,000 None Listed On Document
Warranty Deed $3,200,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,677,500 New Conventional
Closed $2,677,500 New Conventional
Previous Owner $1,800,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $3,200,000 -8.4% $1,514 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $3,495,000 -- $1,653 / 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 $34,560 $1,432,073 -- --
2024 $28,107 $1,301,885 -- --
2023 $28,107 $1,183,532 $0 $0
2022 $23,948 $1,075,939 $0 $0
2021 $20,782 $978,127 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11721847

MIAMI REALTORS® MLS

APN: 01-4121-216-0340