NOT LISTED FOR SALE

Estimated Value: $2,745,000 - $3,957,000

3 Beds
3.5 Baths
2,569 Sq Ft
2019 Built

Last Sold December 05, 2019

Last sale price $1,850,000 $720 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $22,015/month

Highlights

  • Full Time Lobby Attendant
  • Property Fronts a Bay or Harbor
  • New Construction
  • North Beach Elementary School Rated A-
  • Fitness Center
  • Outdoor Pool

About This Home

As of April 2024

Stunning 3 bedroom 3 bathroom condo available in the new Ritz Carlton Residences. This new location is unique as it's the only condo building in this residential area. This resident-only building is the new home to the most stunning architecture by the renowned Italian architect Piero Lissoni. You can expect nothing less than white-glove service that only Ritz Carlton can provide with 24 valet and a 24-hour attendee in both lobbies. Besides the picturesque view that you get from the rooftop pool, you will have access to a state of the art fitness center with an indoor and outdoor yoga studio, mediation garden, kids room, pet grooming room, theatre room, and one of a kind art studio. Don't miss a chance to live in this luxurious hidden gem in Miami Beach. Short term rental available April16

Last Agent to Rent the Property

Armando Romero

BrokerNation Real Estate License #0539264 Listed on: 12/13/2023

BrokerNation Real Estate

Last Renter's Agent

Todd Nepola

Current Capital Realty License #3111957

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38,092

Year Built

  • Built in 2019 | New Construction

Lot Details

  • West Facing Home

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 2,569 Sq Ft Home
  • Furnished
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Pool
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 4/16/24
  • Short Term Lease Lease Term
  • Assessor Parcel Number 02-32-22-033-0460

Community Details

Overview

  • No Home Owners Association
  • 4701 North Meridian Condo
  • 4701 North Meridian Condo,The Ritz Carlton Res Subdivision
  • Maintained Community

Amenities

  • Full Time Lobby Attendant
  • Game Room
  • Community Kitchen
  • Billiard Room
  • Community Center
  • Elevator

Recreation

  • Recreation Facilities
  • Community Playground

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Complete Impact Glass
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$38,092

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-04-16
  • Lease Term: Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Directions: FOLLOW GPS
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Seasonal, Condo
  • Subdivision Name: 4701 NORTH MERIDIAN CONDO,The Ritz Carlton Res
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Entrance Foyer, Foyer
  • Spa Yn: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Furnished: Furnished
  • Living Area: 2569
  • Other Equipment: Elevator
  • Window Features: Complete Impact Glass, Blinds, Impact Glass
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Foyer

Exterior Features

  • Direction Faces: West
  • Patio And Porch Features: Porch/Balcony
  • Pool Features: Community
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 4701 NORTH MERIDIAN CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Lobby Attended

Condo/Co-op/Association

  • Amenities: Activity Room, Elevator(s), Exercise Room, Kitchen Facilities, Maintained Community, Management On Site, Child Play Area, Pool Table, Sauna
  • Association: No
  • Community Features: Recreation Facilities, Exercise Room, Game Room, Management On Site

Lot Info

  • Parcel Number: 02-32-22-033-0460
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Nov 8, 2019
Sold by
4701 North Meridian Llc
Bought by
Ontario Inc
Seller's Agent
Sonia Gerald
Douglas Elliman
Buyer's Agent
Armando Romero
BrokerNation Real Estate
List Price
$2,256,000
Sold Price
$1,850,000
Premium/Discount to List
-$406,000
-18%
Current Estimated Value
$3,536,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,686,260
Avg. Annual Appreciation
13.45%
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
Ontario Inc $1,850,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Rented $20,000 -9.1% --
02/12/2024 02/12/24 Price Changed $22,000 -12.0% $9 / Sq Ft
12/13/2023 12/13/23 For Rent $25,000 +28.2% --
04/06/2022 04/06/22 Rented $19,500 -9.3% --
03/29/2022 03/29/22 Under Contract -- -- --
02/23/2022 02/23/22 For Rent $21,500 +95.5% --
09/05/2020 09/05/20 Rented $11,000 -13.7% --
08/18/2020 08/18/20 Under Contract -- -- --
06/01/2020 06/01/20 Price Changed $12,750 -12.1% $5 / Sq Ft
04/22/2020 04/22/20 For Rent $14,500 0.0% --
12/05/2019 12/05/19 Sold $1,850,000 -18.0% $702 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
05/18/2018 05/18/18 For Sale $2,256,000 -- $856 / 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 $38,092 $2,053,399 -- --
2024 $34,848 $1,866,727 -- --
2023 $34,848 $1,697,025 $0 $0
2022 $29,694 $1,542,750 $0 $0
2021 $27,763 $1,402,500 $0 $0
2020 $29,039 $1,500,000 $0 $0
2019 $2,558 $131,981 $0 $0
2018 $2,482 $131,981 $0 $0
2017 $2,513 $131,981 $0 $0
2016 $2,564 $131,981 $0 $0
2015 $2,615 $131,981 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11500532

MIAMI REALTORS® MLS

APN: 02-3222-033-0460