NOT LISTED FOR SALE

Estimated Value: $3,285,000 - $3,874,000

2 Beds
2.5 Baths
1,969 Sq Ft
$3,237/mo HOA Fee

Last Sold October 23, 2023

Last sale price $3,800,000 $1,930 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $25,730/month

12 Days on Market

Highlights

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

About This Home

As of October 2023

Drop dead gorgeous sunset & city views! Experience the epitome of luxury at the Ritz Carlton Residences in Miami Beach. Immerse yourself in the stunning views through expansive floor-to-ceiling windows. Flooded with natural light, this open-concept living area effortlessly blends into the Boffi designed kitchen with top-of-the-line Gaggenau appliances & custom finishes, making it the perfect space for entertaining. Boasting custom Ornare closets providing ample storage space, every detail has been meticulously crafted. Enjoy the world-renowned Ritz Carlton services & amenities, with 24hour concierge, valet, fitness center, spa & rooftop pool. The building’s location is second-to-none with close proximity to the Miami Design District, Soho Beach House, The Faena District and Sunset Harbour

Last Listed By

Eloy Carmenate

The Corcoran Group License #3008688 Listed on: 04/14/2023

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,063

Year Built

  • Built in 2019

HOA Fees

  • $3,237 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,969 Sq Ft Home
  • Built-In Features

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Access To Lake
  • One Fixed Bridge
  • Dock Available

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-22-033-0560

Community Details

Overview

  • Mid-Rise Condominium
  • Ritz Carlton Residences Condos
  • 4701 North Meridian Condo Subdivision
  • 11-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Kitchen
  • Business Center
  • Community Center
  • Party Room
  • Community Library

Recreation

  • Boat Dock
  • Marina

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,063

Year Built

Built in 2019

Lot Details

0

HOA Fees

$3,237 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: CSMG02
  • Co List Office Phone: 305-395-4982
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 4701 NORTH MERIDIAN CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Other, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1969
  • Possible Use: Unknown/Withheld
  • Stories: 11
  • Bedroom Features: Entry Level

Exterior Features

  • View: Skyline, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake, Lake Access, Ocean Access, One Fixed Bridge
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Ritz Carlton Residences
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 3237
  • Amenities: Boat Dock, Business Center, Community Room, Exercise Room, Kitchen Facilities, Library, Marina, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-22-033-0560
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 3237

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 30063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Oct 23, 2023
Sold by
Carmenate Eloy D and Carmenate Teresa
Bought by
412 Nautilus Llc
Seller's Agent
Eloy Carmenate
The Corcoran Group
Buyer's Agent
Darin Tansey
Douglas Elliman
List Price
$4,500,000
Sold Price
$3,800,000
Premium/Discount to List
-$700,000
-15.56%
Total Days on Market
12
Views
12
Current Estimated Value
$3,494,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$305,358
Avg. Annual Appreciation
-2.88%

Purchase Details

Closed on
Oct 20, 2021
Sold by
Ask Florida Llc
Bought by
Carmenate Eloy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,650,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2020
Sold by
4701 North Meridian Llc
Bought by
Ask Florida Llc

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
412 Nautilus Llc $3,800,000 Clear Title
Carmenate Eloy D $2,650,000 Clearwater Title Svcs Inc
Ask Florida Llc $2,005,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carmenate Eloy D $2,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $3,800,000 -15.6% $1,930 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $4,500,000 -- $2,285 / 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 $35,188 $2,867,200 -- --
2023 $35,188 $1,760,000 $0 $0
2022 $30,063 $1,600,000 $0 $0
2021 $30,893 $1,600,000 $0 $0
2020 $30,975 $1,600,000 $0 $0
2019 $1,927 $99,451 $0 $0
2018 $1,870 $99,451 $0 $0
2017 $1,894 $99,451 $0 $0
2016 $1,932 $99,451 $0 $0
2015 $1,970 $99,451 $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: A11372154

MIAMI REALTORS® MLS

APN: 02-3222-033-0560