$1,500,000
SOLD NOV 1, 2022
2 Beds
2.5 Baths
1,540 Sq Ft
$2,007/mo HOA Fee

Recently Sold

$974 Per Sq Ft

3% Below List Price

43 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Furnished
  • Coconut Grove Elementary School Rated A
  • Skyline View
  • 3-minute walk to Regatta Park

About This Home

As of November 2022

Newly renovated, featuring two large master suites at the Ritz-Carlton Tower Residences, this unit has new flooring, a brand new kitchen, state-of-the-art electric blackout & sheer shades in both bedrooms, custom lighting, and comes exquisitely furnished with all new high-end designer furniture and accessories. Enjoy breathtaking views of the Coral Gables and Coconut Grove skyline from the ample terrace that runs the length of the apartment, and full access to all 5-star hotel amenities including spa, two pools, fitness enter, Isabelle restaurant, Commodore Club lounge, room service, 24-hour concierge, and assigned and valet parking. Walk to all the restaurants, shops, and entertainment of exciting, revitalized Coconut Grove. The Ritz-Carlton is the perfect place to call home. A must see!

Last Agent to Sell the Property

Raul Rivero

Cervera Real Estate Inc. License #0682333 Listed on: 08/31/2022

Cervera Real Estate Inc.

Co-Listed By

Glen Janney

Cervera Real Estate Inc. License #0682284

Last Buyer's Agent

Denise Santos

Compass Florida, LLC. License #3149843

Compass Florida, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,824

Year Built

  • Built in 2001 | Remodeled

HOA Fees

  • $2,007 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Property Views

  • Skyline
  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,540 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Dryer

Kitchen

  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-216-0920

Community Details

Overview

  • High-Rise Condominium
  • The 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
  • Lobby
  • Secure Lobby
  • Bike Room

Recreation

  • Fitness Center
  • Heated Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,824

Year Built

Built in 2001 | Remodeled

Lot Details

0

HOA Fees

$2,007 per month

Parking

2

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: Please use Google
  • Entry Level: 16
  • 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: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater
  • Interior Amenities: Lobby, Cooking Island, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Furnished
  • Living Area: 1540
  • Possible Use: Unknown/Withheld
  • Stories: 22
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Garden View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled, Completely Renovated
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: The Ritz Carlton
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Valet, No Rv/Boats, No Trucks/Trailers

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2007
  • Amenities: Bike Storage, Elevator(s), Exercise Room, Heated Pool, Exterior Lighting, Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-21-216-0920
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13824

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2023
Sold by
Ventoux Holdings Llc
Bought by
Maia Pedro and Maia Maria Eugenia
Current Estimated Value
$1,761,667

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
Outstanding Balance
$968,488
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$793,179

Purchase Details

Listed on
Aug 31, 2022
Closed on
Nov 1, 2022
Sold by
Covelli Silvia Juliana
Bought by
Ventoux Holdings Llc
Seller's Agent
Raul Rivero
Cervera Real Estate Inc.
Buyer's Agent
Denise Santos
Compass Florida, LLC.
List Price
$1,550,000
Sold Price
$1,500,000
Premium/Discount to List
-$50,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%

Purchase Details

Listed on
Jun 8, 2021
Closed on
Sep 2, 2021
Sold by
Tyson Jesse James and Tyson Cheryl Jena
Bought by
Covelli Silvia Juliana
Seller's Agent
Johnetta Shearer
Beachfront Realty Inc
Buyer's Agent
Ana Yeager
Fortune International Realty
List Price
$979,900
Sold Price
$865,000
Premium/Discount to List
-$114,900
-11.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.40%
Original Mortgage
$605,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2013
Closed on
Mar 24, 2014
Sold by
Rc1605 Llc
Bought by
Tyson Jesse James and Tyson Cheryl Jean
Seller's Agent
Jorge Brugo M.B.A
Celebrity Dot Properties LLC
Buyer's Agent
Tracy Seaton
Patricia Burnside Realty
List Price
$730,000
Sold Price
$670,000
Premium/Discount to List
-$60,000
-8.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%

Purchase Details

Listed on
Jan 29, 2012
Closed on
Mar 5, 2012
Sold by
Wells Fargo Bank Na
Bought by
Rc1605 Llc
Seller's Agent
Ernesto Garcia
One Stop Realty
Buyer's Agent
Ernesto Garcia
One Stop Realty
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.09%

Purchase Details

Closed on
Nov 7, 2011
Sold by
Homecomings Financial Llc
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 9, 2011
Sold by
Eshesimula Godwin W
Bought by
Homecomings Financial Llc

Purchase Details

Closed on
Aug 9, 2010
Sold by
Eshesimua Godwin W
Bought by
The Tower Residences Condominium Associa

Purchase Details

Closed on
Jun 15, 2006
Sold by
Benjamin Mark D and Benjamin Courtney J
Bought by
Eshesimua Godwin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,000
Interest Rate
10.35%
Mortgage Type
Balloon

Purchase Details

Closed on
May 13, 2002
Sold by
Gryta James A
Bought by
Benjamin Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2001
Sold by
Grove Ocean Condo Llc
Bought by
Gryta James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.59%
Mortgage Type
New Conventional
Source: Public Records

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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 $1,500,000 None Listed On Document
Warranty Deed $1,500,000 --
Warranty Deed $865,000 Focus Title Group Llc
Warranty Deed $670,000 Old Florida Title Company
Special Warranty Deed $400,000 Attorney
Special Warranty Deed -- Attorney
Trustee Deed $375,200 None Available
Trustee Deed $300 None Available
Warranty Deed $647,000 Sunbelt Title Agency
Warranty Deed $450,000 --
Deed $380,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $605,500 New Conventional
Previous Owner $647,000 Balloon
Previous Owner $360,000 New Conventional
Previous Owner $304,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $1,850,000 +23.3% $1,201 / Sq Ft
11/01/2022 11/01/22 Sold $1,500,000 -3.2% $974 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $1,550,000 +79.2% $1,006 / Sq Ft
09/07/2021 09/07/21 Sold $865,000 -11.7% $562 / Sq Ft
08/09/2021 08/09/21 For Sale $979,900 -90.0% $636 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $9,799,000 +1362.5% $6,363 / Sq Ft
03/26/2014 03/26/14 Sold $670,000 -4.1% $435 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
12/12/2013 12/12/13 Price Changed $699,000 -4.2% $454 / Sq Ft
03/05/2013 03/05/13 For Sale $730,000 +82.5% $474 / Sq Ft
03/19/2012 03/19/12 Sold $400,000 0.0% $260 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
01/29/2012 01/29/12 For Sale $400,000 -- $260 / 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 $24,734 $987,712 -- --
2024 $22,069 $1,234,640 -- --
2023 $22,069 $1,073,600 $0 $0
2022 $13,889 $715,718 $0 $0
2021 $13,824 $650,653 $0 $0
2020 $13,858 $650,653 $0 $0
2019 $13,889 $650,653 $0 $0
2018 $13,361 $637,895 $0 $0
2017 $13,513 $637,895 $0 $0
2016 $13,259 $607,519 $0 $0
2015 $12,280 $552,290 $0 $0
2014 $10,145 $429,495 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11266080

MIAMI REALTORS® MLS

APN: 01-4121-216-0920