$1,350,000
SOLD MAR 12, 2020
1 Bed
1.5 Baths
-- Sq Ft
$1,351/mo HOA Fee

Recently Sold

25% Below List Price

131 Days on Market

Highlights

  • Doorman
  • Marina
  • Up to 20-Foot Boat
  • North Beach Elementary School Rated A-
  • Boat Dock
  • Bar or Lounge

About This Home

As of May 2021

Luxury living at its finest! Enjoy the 5 star legendary the Ritz Carlton Service in this brand new residence. This amazing 1 Bedroom 1.5 Bath residence comes. with marble floors, floor to ceiling windows with excellent natural light, wrap around balcony with garden views and Miami Downtown skyline. Masterful details include stone and wood flooring throughout, Boffi bathrooms, Boffi kitchen,
Gaggenau appliances, Zucchetti fixtures and Lualdi oversized solid-core doors. The Residences offer legendary Ritz-Carlton services with full time concierge and dedicated staff. Discover the private side of Miami Beach at The Ritz-Carlton Residences, Miami Beach designed by Master Italian Architect Piero Lissoni.

Last Agent to Sell the Property

Lucas Boccheciampe

Vantage Real Estate LLC License #3291732 Listed on: 10/09/2019

Last Buyer's Agent

Sadie Ruben

NB Elite Realty License #3413338

NB Elite Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,584

Year Built

  • Built in 2019 | New Construction

HOA Fees

  • $1,351 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Garden

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Kitchen

  • Built-In Oven
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Up to 20-Foot Boat
  • Dock Available
  • Courtyard

Schools

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

Additional Features

  • Entrance Foyer
  • Accessible Elevator Installed
  • Southwest Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00-32-00-000-0009

Community Details

Overview

  • 111 Units
  • Mid-Rise Condominium
  • The Ritz Carlton Miami Condos
  • The Ritzcarlton Miamibeach,The Ritz Carlton Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Billiard Room
  • Business Center
  • Community Center
  • Party Room
  • Community Library
  • Bar or Lounge

Recreation

  • Boat Dock
  • Marina
  • Community Playground
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Secure Elevator
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,584

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$1,351 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available, 0 to 20 Ft Boat
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: The RitzCarlton MiamiBeach,The Ritz Carlton
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Elevator, Entrance Foyer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Foyer
  • Flooring: Marble, Other, Wood
  • Furnished: Unfurnished
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Window Features: Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Garden View, Other View, Skyline
  • Exterior Features: Other, Courtyard, 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: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: The Ritz Carlton Miami
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Other

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Guard At Site

Condo/Co-op/Association

  • Association Fee: 1351
  • Amenities: Bar, Bike/Jog Path, Billiard Room, Boat Dock, Business Center, Clubhouse-Clubroom, Community Room, Exercise Room, Library, Marina, Other, Child Play Area, Pool, Sauna
  • 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: 00-32-00-000-0009
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 111
  • Number Of Units Total: 111

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
May 17, 2021
Sold by
Ruben Deena Ann and The Deena Ann Ruben Revocable
Bought by
Roots And Stones Capital Llc
Seller's Agent
Anna Sherrill
One Sotheby's International Re
Buyer's Agent
Rafael Correa
Florida Capital Realty
List Price
$1,700,000
Sold Price
$1,575,000
Premium/Discount to List
-$125,000
-7.35%
Current Estimated Value
$2,233,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$658,950
Avg. Annual Appreciation
9.68%

Purchase Details

Listed on
Oct 9, 2019
Closed on
Mar 11, 2020
Sold by
Grimaldi Usa Corp
Bought by
Ruben Deena Ann and The Deena Ann Ruben Revocable Trust Date
Seller's Agent
Lucas Boccheciampe
Vantage Real Estate LLC
Buyer's Agent
Sadie Ruben
NB Elite Realty
List Price
$1,795,000
Sold Price
$1,350,000
Premium/Discount to List
-$445,000
-24.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.96%
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 Type Sale Price Title Company
Warranty Deed $1,575,000 Perland T&E Svcs Corp
Warranty Deed $1,350,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $1,575,000 -4.5% $1,166 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
03/08/2021 03/08/21 Price Changed $1,650,000 -2.9% $1,221 / Sq Ft
02/18/2021 02/18/21 For Sale $1,700,000 +25.9% $1,258 / Sq Ft
03/12/2020 03/12/20 Sold $1,350,000 -15.4% --
01/13/2020 01/13/20 Price Changed $1,595,900 -11.1% --
10/09/2019 10/09/19 For Sale $1,795,000 -- --
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 $30,584 $1,663,750 -- --
2024 $27,490 $1,512,500 -- --
2023 $27,490 $1,375,000 $0 $0
2022 $23,487 $1,250,000 $0 $0
2021 $19,308 $1,000,000 $0 $0
2020 $19,360 $1,000,000 $0 $0
2019 $1,274 $65,766 $0 $0
2018 $1,237 $65,766 $0 $0
2017 $1,252 $65,766 $0 $0
2016 $1,277 $65,766 $0 $0
2015 $1,303 $65,766 $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: A10749805

MIAMI REALTORS® MLS

APN: 02-3222-033-0430