NOT LISTED FOR SALE

Estimated Value: $4,473,000 - $5,342,134

3 Beds
3.5 Baths
2,896 Sq Ft
$3,831/mo HOA Fee

Last Sold January 07, 2022

Last sale price $4,400,000 $1,519 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $37,857/month

56 Days on Market

Highlights

  • Doorman
  • Marina
  • Bar or Lounge
  • North Beach Elementary School Rated A-
  • Property has ocean access
  • Fitness Center

About This Home

As of January 2022

Redefine a luxurious lifestyle at The Ritz Carlton Residences, Miami Beach by Italian Architect Pierro Lissoni. Impeccably designed. A spacious 3 bed 3.5 bath, 3,140 SqFt per developer corner water facing residence with views from the jacuzzi on the covered terrace down the Surprise Lake waterway out to Biscayne Bay. Featuring, automated shades, an Italian custom made bar, 3 Frame smart tv’s, a sleep number bed, and full unit water filtration. Open concept kitchen by Boffi and Gaggenau including gas. In the primary bathroom a glass enclosed rain shower fitted with a jetted soaking tub. On site amenities will include the 1/2 Acre sized rooftop pool, art studio, theater, and children's playroom. Experience life at The Ritz-Carlton Residences!

Last Agent to Sell the Property

Darin Tansey

Douglas Elliman License #3196065 Listed on: 11/11/2021

Douglas Elliman

Last Buyer's Agent

Carol Cassis-mcmillan

Fortune International Realty License #3191986

Fortune International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $54,207

Year Built

  • Built in 2019

HOA Fees

  • $3,831 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Elevated Home

Interior Spaces

  • 2,896 Sq Ft Home
  • Built-In Features
  • French Doors
  • Combination Dining and Living Room
  • Wood Flooring
  • Video Cameras

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Bidet
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Patio

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-22-033-0860

Community Details

Overview

  • 111 Units
  • Mid-Rise Condominium
  • Ritz Carlton Residences Condos
  • 4701 North Meridian Condo,The Ritz Carlton Subdivision
  • 8-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Trash Chute
  • Community Center
  • Party Room
  • Community Library
  • Bar or Lounge
  • Community Storage Space
  • Elevator

Recreation

  • Marina
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$54,207

Year Built

Built in 2019

Lot Details

0

HOA Fees

$3,831 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 4701 NORTH MERIDIAN CONDO,The Ritz-Carlton
  • Year Built Details: Condo-Conversion
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, French Doors, Other, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Other, Wood
  • Furnished: Unfurnished
  • Living Area: 2896
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 8
  • Bedroom Features: Sitting Area - Master Bedroom, Master Bath Shower, Master Bath Tub
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Master Bathroom Features: Bidet, Separate Tub & Shower

Exterior Features

  • View: Lake, Other View, Water View
  • Exterior Features: East Of Us1, Other, Open Balcony
  • Construction Type: Elevated Construction, Other
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Ritz-Carlton Residences
  • Parking Features: Covered, Other, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Doorman, Other, TV Camera

Condo/Co-op/Association

  • Association Fee: 3831
  • Amenities: Bar, Bike Storage, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Library, Marina, Other, Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-22-033-0860
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 3831
  • Number Of Units In Community: 111

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 54207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Jan 6, 2022
Sold by
Aston Investments Limited
Bought by
Noon Spencer
Seller's Agent
Darin Tansey
Douglas Elliman
Buyer's Agent
Carol Cassis-mcmillan
Fortune International Realty
List Price
$4,485,000
Sold Price
$4,400,000
Premium/Discount to List
-$85,000
-1.9%
Total Days on Market
56
Current Estimated Value
$4,955,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,711
Avg. Annual Appreciation
4.35%

Purchase Details

Listed on
Nov 11, 2020
Closed on
Apr 8, 2021
Sold by
4701 Meridian 421 Llc
Bought by
Aston Investments Limited
Seller's Agent
Michael Internoscia
Related ISG Realty, LLC.
Buyer's Agent
Jorge Moeller
MMLS Assoc.-Inactive Member
List Price
$3,519,000
Sold Price
$3,250,000
Premium/Discount to List
-$269,000
-7.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.65%

Purchase Details

Listed on
Nov 11, 2020
Closed on
Feb 18, 2021
Sold by
4701 North Meridian Llc
Bought by
4701 Meridian 421 Llc
Seller's Agent
Michael Internoscia
Related ISG Realty, LLC.
Buyer's Agent
Jorge Moeller
MMLS Assoc.-Inactive Member
List Price
$3,519,000
Sold Price
$3,250,000
Premium/Discount to List
-$269,000
-7.64%
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
Noon Spencer $4,400,000 Formaggio Law Firm Llc
Aston Investments Limited -- Attorney
4701 Meridian 421 Llc $3,250,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $4,400,000 -1.9% $1,519 / Sq Ft
11/11/2021 11/11/21 For Sale $4,485,000 +38.0% $1,549 / Sq Ft
02/23/2021 02/23/21 Sold $3,250,000 -7.6% $1,122 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
11/10/2020 11/10/20 For Sale $3,519,000 -- $1,215 / 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 $74,498 $3,968,025 -- --
2023 $74,498 $3,607,296 $0 $0
2022 $57,871 $3,080,000 $0 $0
2021 $51,824 $2,618,000 $0 $0
2020 $46,076 $2,800,000 $0 $0
2019 $2,857 $147,433 $0 $0
2018 $2,772 $147,433 $0 $0
2017 $2,808 $147,433 $0 $0
2016 $2,864 $147,433 $0 $0
2015 $2,921 $147,433 $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: A11121697

MIAMI REALTORS® MLS

APN: 02-3222-033-0860