$12,900,000
RENTED JUL 1, 2025

Estimated payment $79,841/month

Total Views 6,033
3 Beds
3.5 Baths
4,935 Sq Ft
$2,614 Price per Sq Ft

Highlights

  • Property Fronts a Bay or Harbor
  • Fitness Center
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Coconut Grove Elementary School Rated A
  • Marble Flooring
  • 3-minute walk to Regatta Park

About This Home

Astonishing Unobstructed Direct East and South Bayview. One of the kind PH Ritz Residence Coconut Grove with oversized separate terraces with amazing views of the ocean and breathtaking sunrise and sunset postal views. This upgraded PH has 4935 sq ft with extra large rooms for entertaining while enjoying the magnificent views of the Biscayne Bay. Fully furnished with Superior Marble throughout, Upgraded Stainless Viking Kitchen including Granite Countertops. Master Bath with Jacuzzi, Shower, and Double sinks. Three terraces, Exclusive Ritz lifestyle shares amenities with the Hotel including Concierge, Restaurant, Pools, Gym, Spa, and more. Heart of Coconut Grove. Easy access to and within walking distance from Fresh Market, Cocowalk, Marina, Fine Dining, Shopping and so much more.

Listing Agent

Virginia Mansilla

Fortune Christie's Intl R.E. License #3217638 Listed on: 11/15/2024

Fortune Christie's Intl R.E.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $43,654

Year Built

  • Built in 2002

Lot Details

  • Property Fronts a Bay or Harbor
  • Southeast Facing Home

HOA Fees

  • $7,473 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • Entry on the 22nd floor

Interior Spaces

  • 4,935 Sq Ft Home
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Marble Flooring
  • Bay Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Sinks
  • Jetted Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer

Home Security

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-216-0400

Community Details

Overview

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

Amenities

  • Community Center
  • Party Room
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Clear Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$43,654

Year Built

Built in 2002

Lot Details

0

HOA Fees

$7,473 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 22
  • 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, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: Built-in Features, Cooking Island, Custom Mirrors, Entrance Foyer, Split Bedroom, Family Room, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 4935
  • Stories: 22
  • Window Features: Clear Impact Glass, Impact Glass, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Formal Dining
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Combination Tub & Shower, Dual Sinks, Whirlpool/Spa

Exterior Features

  • View: Bay
  • Exterior Features: Open Balcony
  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The tower Residences Ritz
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: 2 Or More Spaces, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 7473
  • Amenities: Community Room, Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-21-216-0400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 43654

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $54,042 $2,818,471 -- --
2024 $50,719 $2,562,247 -- --
2023 $50,719 $2,329,316 $0 $0
2022 $43,654 $2,117,560 $0 $0
2021 $40,901 $1,925,055 $0 $0
2020 $41,000 $1,925,055 $0 $0
2019 $41,093 $1,925,055 $0 $0
2018 $51,073 $2,438,403 $0 $0
2017 $54,374 $2,566,740 $0 $0
2016 $56,021 $2,566,740 $0 $0
2015 $51,883 $2,333,400 $0 $0
2014 $46,016 $2,029,040 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Rented $48,000 0.0% --
05/28/2025 05/28/25 Under Contract -- -- --
11/19/2024 11/19/24 For Rent $48,000 0.0% --
11/15/2024 11/15/24 For Sale $12,900,000 0.0% $2,614 / Sq Ft
08/15/2021 08/15/21 Rented $40,000 -3.4% --
07/21/2021 07/21/21 Under Contract -- -- --
06/25/2021 06/25/21 For Rent $41,400 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $2,420,800 Bay National Title Company
Trustee Deed $2,353,200 None Available
Special Warranty Deed $2,068,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,549,100 Negative Amortization
Previous Owner $2,400,000 Unknown
Previous Owner $1,400,000 No Value Available
Closed $575,000 No Value Available
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11694799

MIAMI REALTORS® MLS

APN: 01-4121-216-0400