NOT LISTED FOR SALE

Estimated Value: $3,847,000 - $4,097,000

3 Beds
3.5 Baths
2,747 Sq Ft
$3,253/mo HOA Fee

Last Sold September 22, 2020

Last sale price $2,450,000 $892 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $28,408/month

120 Days on Market

Highlights

  • Doorman
  • Marina
  • Property has ocean access
  • North Beach Elementary School Rated A-
  • Lake Front
  • Private Dock

About This Home

As of September 2020

Step into your expansive 3BD/3.5 BA corner residence and be greeted w/dramatic 12’ ceilings and beautiful SW garden views. Stunning finishes include stone and wood flooring, Boffi kitchen and bathrooms, Gaggenau appliances, Lualdi solid-core doors, customized closets and built-ins, automated shades, and custom lighting throughout. Unit has 2 assigned parking spaces and 2 storage spaces. Enjoy a private lifestyle w/legendary Ritz-Carlton services on 7 acres w/exceptional amenities that include private marina, boat slips, captained house boat w/shuttles to beach, half-acre roof-top pool deck, cabanas, restaurant grille, men’s/women’s spa steam, sauna, fitness center, yoga studios, meditation garden, sport simulation room, kids play room, art studio, theater, and private residents’ house car.

Last Agent to Sell the Property

Sonia Gerald

Douglas Elliman License #3223602 Listed on: 03/04/2020

Douglas Elliman

Last Buyer's Agent

Oliver Lloyd

Douglas Elliman License #3441492

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,716

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Southwest Facing Home

HOA Fees

  • $3,253 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,747 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring
  • Garden Views

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Property has ocean access
  • Property is near a marina
  • Private Dock

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 02-32-22-033-0510

Community Details

Overview

  • 125 Units
  • Mid-Rise Condominium
  • Ritz Carlton Residences Condos
  • 4701 North Meridian Condo,Ritz Carlton Subdivision
  • 10-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Trash Chute
  • Billiard Room
  • Community Library
  • Secure Lobby
  • Elevator

Recreation

  • Boat Dock
  • Marina
  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • Clear Impact Glass
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,716

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$3,253 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: Alton Rd to 47th St to Meridian Ave.
  • Entry Level: 2
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock, Dock Available,Marina,Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 4701 NORTH MERIDIAN CONDO,Ritz-Carlton
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Water Purifier, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Fire Sprinklers, Entrance Foyer, Laundry Tub, Pantry, Volume Ceilings, Walk-In Closet(s), Storage, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Other, Wood
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 2747
  • Possible Use: Unknown/Withheld
  • Stories: 10
  • Window Features: Clear Impact Glass, Blinds, Drapes, Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Combination Tub & Shower, Dual Sinks

Exterior Features

  • View: Garden View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Canal Front, Lake, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Ritz-Carlton Residences
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces, Assigned, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 3253
  • Amenities: Bike Storage, Billiard Room, Boat Dock, Cabana, Clubhouse-Clubroom, Elevator(s), Exercise Room, Library, Marina, Child Play Area, Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-22-033-0510
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 3253
  • Number Of Units In Community: 125
  • Number Of Units Total: 110

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2716

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2020
Closed on
Sep 21, 2020
Sold by
Jimenez Julio Antonio and Jimenez Marissa Liliana
Bought by
Walters William and Walters Claudia
Seller's Agent
Sonia Gerald
Douglas Elliman
Buyer's Agent
Oliver Lloyd
Douglas Elliman
List Price
$2,825,000
Sold Price
$2,450,000
Premium/Discount to List
-$375,000
-13.27%
Total Days on Market
120
Current Estimated Value
$3,997,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,547,886
Avg. Annual Appreciation
10.67%

Purchase Details

Closed on
Oct 4, 2019
Sold by
4701 North Meridian Llc
Bought by
Jimenez Julio Antonio and Jimenez Marissa Liliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,398,924
Interest Rate
4.62%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Walters William $2,450,000 Attorney
Jimenez Julio Antonio $2,341,600 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walters William $6,375,000
Closed Walters William $5,850,000
Previous Owner Jimenez Julio Antonio $1,398,924
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $2,450,000 -11.7% $892 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
05/20/2020 05/20/20 Price Changed $2,775,000 -1.8% $1,010 / Sq Ft
03/04/2020 03/04/20 For Sale $2,825,000 -- $1,028 / 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
2024 $32,552 $1,816,658 -- --
2023 $32,552 $1,763,746 $0 $0
2022 $31,400 $1,712,375 $0 $0
2021 $32,999 $1,750,000 $0 $0
2020 $33,090 $1,750,000 $0 $0
2019 $2,716 $140,178 $0 $0
2018 $2,636 $140,178 $0 $0
2017 $2,669 $140,178 $0 $0
2016 $2,723 $140,178 $0 $0
2015 $2,777 $140,178 $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: A10827504

MIAMI REALTORS® MLS

APN: 02-3222-033-0510