NOT LISTED FOR SALE

Estimated Value: $4,904,292

3 Beds
3.5 Baths
2,912 Sq Ft
$4,379/mo HOA Fee

Last Sold August 03, 2023

Last sale price $5,025,000 $1,726 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $36,720/month

119 Days on Market

Highlights

  • Valet Parking
  • Lake Front
  • Fitness Center
  • North Beach Elementary School Rated A-
  • Boat Dock
  • New Construction

About This Home

As of August 2023

Impeccable, entirely brand new interior — nothing else similar in the building. Pristine 3 bed, 3.5 bath home situated on a rare waterfront corner where residents enjoy unobstructed views of Surprise Lake from the expansive balcony. Private elevator foyer leads to 14' ceilings showcasing nearly $1M upgrades. Custom millwork, floor-to-ceiling windows & full Lutron lighting package w/dimmers illuminate the home. Features include: Lualdi solid core doors, fixtures, + hinge-less systems, high-efficiency A/C, low-profile linear diffused ductwork. Large kitchen w/ imported Italian black marble island, Boffi cabinetry, Gaggenau appliances, & Zucchetti fixtures. Primary + guest suites: Dornbracht plumbing fixtures, imported Italian closet systems, bronze reflective glass, & incredible storage.

Last Listed By

Darin Tansey

Douglas Elliman License #3196065 Listed on: 04/05/2023

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $50,120

Year Built

  • Built in 2019 | New Construction

HOA Fees

  • $4,379 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • Assigned Parking

Interior Spaces

  • 2,912 Sq Ft Home
  • Vaulted Ceiling
  • Formal Dining Room
  • Den

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-22-033-0240

Community Details

Overview

  • 126 Units
  • Mid-Rise Condominium
  • The Ritz Carlton Residenc Condos
  • The Ritz Carlton Residence,The Ritz Carlton Res Subdivision
  • 8-Story Property

Amenities

  • Valet Parking
  • Billiard Room
  • Secure Lobby
  • Elevator

Recreation

  • Boat Dock
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$50,120

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$4,379 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: DEOM01
  • Co List Office Phone: 305-695-6300
  • Directions: I-195 E TOWARD MIAMI BEACH. TURN LEFT ONTO ALTON D. TAKE A SLIGHT RIGHT TO STAY ON ALTON RD. TURN RIGHT ON W 47TH CT. TURN RIGHT ONTO MERIDIAN AVE. THE SALES GALLERY IS LOCATED IN THE BUILDING TOWARDS THE RIGHT.
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE RITZ-CARLTON RESIDENCE,The Ritz-Carlton Res
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Closet Cabinetry, Elevator, Other, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Den/Library/Office, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 2912
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 8
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Formal Dining, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Lake
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony, Patio, Wrap Around
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: THE RITZ-CARLTON RESIDENC
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned, Guest, Valet

Utilities

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

Condo/Co-op/Association

  • Association Fee: 4379
  • Amenities: Billiard Room, Boat Dock, Clubhouse-Clubroom, Elevator(s), Exercise Room, Other, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-22-033-0240
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 126

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 50120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Jul 31, 2023
Sold by
2019 Cohen Family Trust
Bought by
Ace Seventeen Llc
Seller's Agent
Darin Tansey
Douglas Elliman
Buyer's Agent
Matt Lill
The Corcoran Group
List Price
$5,450,000
Sold Price
$5,025,000
Premium/Discount to List
-$425,000
-7.8%
Total Days on Market
119
Views
81
Current Estimated Value
$4,904,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$120,708
Avg. Annual Appreciation
-2.66%

Purchase Details

Closed on
Sep 16, 2019
Sold by
4701 North Meridian Llc
Bought by
Saka Joseph L and The 2019 Cohen Family Trust

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
Ace Seventeen Llc $5,025,000 None Listed On Document
Saka Joseph L $4,000,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saka Joseph L $2,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2023 08/03/23 Sold $5,025,000 -7.8% $1,726 / Sq Ft
04/05/2023 04/05/23 For Sale $5,450,000 -- $1,872 / 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 $58,664 $3,755,840 -- --
2023 $58,664 $2,934,250 $0 $0
2022 $50,120 $2,667,500 $0 $0
2021 $53,097 $2,750,000 $0 $0
2020 $53,239 $2,750,000 $0 $0
2019 $2,982 $153,875 $0 $0
2018 $2,894 $153,875 $0 $0
2017 $2,930 $153,875 $0 $0
2016 $2,989 $153,875 $0 $0
2015 $3,049 $153,875 $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: A11366323

MIAMI REALTORS® MLS

APN: 02-3222-033-0240