NOT LISTED FOR SALE

The Ritz-Carlton Residences Miami Beach 4701 N Meridian Ave Unit 501 Miami Beach, FL 33140

Nautilus Neighborhood

Estimated Value: $7,498,314 - $8,092,000

4 Beds
4.5 Baths
4,150 Sq Ft
2019 Built

Last Sold October 15, 2021

Last sale price $5,150,000 $1,241 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $49,700/month

34 Days on Market

Highlights

  • Doorman
  • Marina
  • Deeded Boat Dock
  • North Beach Elementary School Rated A-
  • Lake Front
  • Beach Access

About This Home

As of October 2021

This grand 4150 SF floor through waterfront Residence features beautiful sunset and sunrise views. The ample residence boats 10' ceilings, spacious open kitchen, family room, great room, den and private foyer. The oversized terrace with 1,951 SF outdoor space is perfect for entertaining and seamlessly infuses the indoor/outdoor living features with a private plunge pool. Residence includes: limestone and wood flooring throughout, Boffi kitchen, Gaggenau appliances and Zuchhetti fixtures. Boat slip included in the price!

Last Agent to Sell the Property

Darin Tansey

Douglas Elliman License #3196065 Listed on: 08/04/2021

Douglas Elliman

Last Buyer's Agent

Judith Hofman

Douglas Elliman License #3170650

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $82,278

Year Built

  • Built in 2019 | New Construction

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,150 Sq Ft Home
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bidet
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Entrance

Outdoor Features

  • Beach Access
  • Property is near a marina
  • Deeded Boat Dock
  • Courtyard

Schools

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

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-22-033-0200

Community Details

Overview

  • Property has a Home Owners Association
  • 111 Units
  • Mid-Rise Condominium
  • The Ritz Carlton Condos
  • 4701 North Meridian Condo Subdivision
  • 7-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Bar or Lounge
  • Secure Lobby
  • Elevator

Recreation

  • Boat Dock
  • Marina
  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $4,864

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$82,278

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock, Beach Access,Dock Owned/Included,Marina,Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 4701 NORTH MERIDIAN CONDO
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Free-Standing Freezer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Elevator, Shabbat Elevator, Fire Sprinklers, Pantry, Den/Library/Office, Family Room, Great Room
  • Accessibility Features: Accessible Elevator Installed, Accessible Entrance
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 4150
  • Other Equipment: Elevator, Natural Gas
  • Possible Use: Unknown/Withheld
  • Stories: 7
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Great Room
  • Master Bathroom Features: Bidet, Combination Tub & Shower, Dual Sinks

Exterior Features

  • View: Bay, Other View
  • Exterior Features: Other, Courtyard, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Ritz Carlton
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Fire Alarm, Lobby Secured, Stairs Secured

Condo/Co-op/Association

  • Amenities: Bar, Bike Storage, Boat Dock, Cabana, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Marina, Child Play Area, Pool, Private Pool, Sauna, Spa/Hot Tub
  • 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: 02-32-22-033-0200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 4864
  • Number Of Units In Community: 111

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 82278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Sep 20, 2021
Sold by
4701 North Meridian Llc
Bought by
Holtz Naftali and Shusterman Victoria
Seller's Agent
Darin Tansey
Douglas Elliman
Buyer's Agent
Judith Hofman
Douglas Elliman
List Price
$5,875,000
Sold Price
$5,150,000
Premium/Discount to List
-$725,000
-12.34%
Total Days on Market
34
Current Estimated Value
$7,853,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,703,079
Avg. Annual Appreciation
11.00%
Original Mortgage
$3,605,000
Outstanding Balance
$3,324,416
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$4,197,921
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
Holtz Naftali $5,150,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holtz Naftali $3,605,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $5,150,000 -12.3% $1,241 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $5,875,000 -- $1,416 / 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 $96,271 $5,296,775 -- --
2023 $96,271 $4,815,250 $0 $0
2022 $82,250 $4,377,500 $0 $0
2021 $78,662 $3,973,750 $0 $0
2020 $82,278 $4,250,000 $0 $0
2019 $3,974 $205,066 $0 $0
2018 $3,856 $205,066 $0 $0
2017 $3,905 $205,066 $0 $0
2016 $3,983 $205,066 $0 $0
2015 $4,063 $205,066 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Darin Tansey

    Seller's Agent in 2021

    Darin Tansey

    Douglas Elliman

    (305) 987-1530

    24 in this area

    64 Total Sales

    Darin Tansey
    Section Image
  • Judith Hofman

    Buyer's Agent in 2021

    Judith Hofman

    Douglas Elliman

    (305) 673-1160

    2 in this area

    9 Total Sales

    Judith Hofman
    Section Image
See All Agents

About The Ritz-Carlton Residences Miami Beach

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11077491

MIAMI REALTORS® MLS

APN: 02-3222-033-0200

Florida Miami/Dade County Miami Beach 33140 Nautilus

4701 N Meridian Ave Unit 501, Miami Beach, FL

This home is located at 4701 N Meridian Ave Unit 501, Miami Beach, FL 33140 since 04 August 2021 and is currently estimated at $7,853,079, approximately $1,892 per square foot. This property was built in 2019. 4701 N Meridian Ave Unit 501 is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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