NOT LISTED FOR SALE

Estimated Value: $1,202,000 - $1,830,000

2 Beds
2 Baths
1,540 Sq Ft
$1,900/mo HOA Fee

Last Sold October 15, 2021

Last sale price $800,000 $519 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $10,725/month

177 Days on Market

Highlights

  • Doorman
  • Marble Flooring
  • Community Pool
  • Coconut Grove Elementary School Rated A
  • Sauna
  • 3-minute walk to Regatta Park

About This Home

As of October 2021

Ritz Carlton Residences Tower. Beautiful apartment 2 beds, 2 baths over 1,540 SF of living area with plenty of natural light, floor to ceiling windows and marble floors. Upgrades include coffered ceilings, expansive balconies with unobstructed Coral Gables /Downtown skylines, and beautiful SUNSETS. The legendary Ritz Carlton is located in the heart of Coconut Grove across from Biscayne Bay, Regatta Park, and the Marina. Enjoy 5-star hotel amenities, including pools, full-service spa, fitness center, in-room dining, onsite bar, and restaurants; lobby with 24 hr concierge, complimentary valet parking, plus one parking space. Walking distance to everything wonderful that Coconut Grove has to offer; Cocowalk, movie theater, the Bayside restaurants & shops, marina, and great schools.

Last Agent to Sell the Property

Alicia Constain

Coldwell Banker Realty License #3314882 Listed on: 12/10/2020

Coldwell Banker Realty

Last Buyer's Agent

Caroline Glick

Brown Harris Stevens License #3283591

Brown Harris Stevens

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,486

Year Built

  • Built in 2001

HOA Fees

  • $1,900 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Entry on the 14th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,540 Sq Ft Home
  • Marble Flooring
  • Property Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-216-1070

Community Details

Overview

  • Ritz Carlton Residences Condos
  • The Tower Residences Cond Subdivision
  • 24-Story Property

Amenities

  • Doorman
  • Sauna
  • Business Center
  • Community Center
  • Party Room

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,486

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,900 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Entry Level: 14
  • Garage Yn: Yes
  • Horses: No
  • 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, Microwave, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1540
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Stories: 24
  • Bedroom Features: Entry Level

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Ritz-Carlton Residences
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 1900
  • Amenities: Business Center, Community Room, Elevator(s), Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-21-216-1070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 1900

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11486

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Oct 15, 2021
Sold by
Harbour James William and Harbour James William
Bought by
Glick Thomas E and Glick Susan
Seller's Agent
Alicia Constain
Coldwell Banker Realty
Buyer's Agent
Caroline Glick
Brown Harris Stevens
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Current Estimated Value
$1,452,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$652,204
Avg. Annual Appreciation
16.03%
Original Mortgage
$400,000
Outstanding Balance
$364,763
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$1,087,441

Purchase Details

Closed on
Jun 28, 2017
Sold by
Harbour James Wtlliam
Bought by
Harbour James William

Purchase Details

Listed on
May 6, 2014
Closed on
Aug 13, 2014
Sold by
Mcgahee Willis
Bought by
Harbour James William
Seller's Agent
Tomi Rose
Aston Rose Sports And Entertai
Buyer's Agent
Paola Oriol
Florida Realty of Miami Corp
List Price
$765,000
Sold Price
$745,000
Premium/Discount to List
-$20,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$596,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 14, 2005
Sold by
Kaufman Deborah L
Bought by
Mcgahee Willis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 12, 2005
Sold by
Stewart Jefferson D and Stewart Linda Holt
Bought by
Kaufman Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 15, 2001
Sold by
Grove Ocean Condo Llc
Bought by
Stewart Jefferson D and Stewart Linda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.57%
Mortgage Type
New Conventional
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
Glick Thomas E $800,000 Attorney
Glick Thomas E $800,000 None Listed On Document
Harbour James William -- Attorney
Harbour James William $745,000 Attorney
Mcgahee Willis $665,000 --
Kaufman Deborah L $550,000 --
Stewart Jefferson D $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glick Thomas E $400,000
Closed Glick Thomas E $400,000
Previous Owner Harbour James William $596,000
Previous Owner Mcgahee Willis $532,000
Previous Owner Kaufman Deborah L $359,000
Previous Owner Stewart Jefferson D $287,490
Previous Owner Stewart Jefferson D $284,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2021 10/15/21 Sold $800,000 -3.0% $519 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
11/29/2020 11/29/20 For Sale $825,000 +10.7% $536 / Sq Ft
08/15/2014 08/15/14 Sold $745,000 -2.6% $484 / Sq Ft View Prior Sale
07/18/2014 07/18/14 Pending -- -- --
05/06/2014 05/06/14 For Sale $765,000 -- $497 / 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 $13,784 $751,007 -- --
2024 $13,706 $729,842 -- --
2023 $13,706 $708,585 $0 $0
2022 $13,316 $687,947 $0 $0
2021 $13,288 $625,406 $0 $0
2020 $11,486 $580,910 $0 $0
2019 $11,233 $567,850 $0 $0
2018 $10,793 $557,263 $0 $0
2017 $10,678 $545,802 $0 $0
2016 $10,759 $534,576 $0 $0
2015 $10,882 $530,860 $0 $0
2014 $9,751 $412,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10965425

MIAMI REALTORS® MLS

APN: 01-4121-216-1070