NOT LISTED FOR SALE

The Ritz-Carlton Residences Miami Beach 4701 N Meridian Ave Unit 527 Miami Beach, FL 33140

Nautilus Neighborhood

Estimated Value: $6,325,000 - $7,634,000

3 Beds
3.5 Baths
3,838 Sq Ft
2019 Built

Last Sold September 26, 2019

Last sale price $5,600,000 $1,459 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $44,274/month

262 Days on Market

Highlights

  • Doorman
  • Dock Available
  • Home fronts a canal
  • North Beach Elementary School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of September 2019

This flow-thru residence overlooking Surprise Lake, the Atlantic Ocean and Miami Beach, is perfect for entertaining, featuring an immense outdoor living space, complete with a plunge pool and outdoor kitchen. Spacious floor plan includes a private elevator, great room, family room and study. Residence finishes and features include stone and wood flooring throughout, Boffi bathrooms, Boffi kitchen, Gaggenau appliances, Zucchetti fixtures and Lualdi solid-core doors. Discover the private side of Miami Beach at The Ritz-Carlton Miami Beach, comprised of 111 luxury residences designed by Master Italian Architect Piero Lissoni.

Last Agent to Sell the Property

Sonia Gerald

Douglas Elliman License #3223602 Listed on: 01/05/2018

Douglas Elliman

Last Buyer's Agent

Viviana Junc

Douglas Elliman License #3298750

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $72,997

Year Built

  • Built in 2019 | Under Construction

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,838 Sq Ft Home
  • Entrance Foyer
  • Property Views

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Unrestricted saltwater access
  • Dock Available
  • Courtyard

Schools

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

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00-32-00-000-0000

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Condominium
  • The Ritz Carlton Condos
  • The Ritz Carlton Subdivision
  • Car Wash Area
  • 9-Story Property

Amenities

  • Doorman
  • Community Center
  • Party Room
  • Community Library
  • Secure Lobby
  • Elevator

Recreation

  • Community Basketball Court
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Secure Stairs
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$72,997

Year Built

Built in 2019 | Under Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Other,Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: The Ritz-Carlton
  • Year Built Details: Under Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Elevator, Entrance Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble, Other, Wood
  • Furnished: Unfurnished
  • Living Area: 3838
  • Possible Use: Secondary
  • Stories: 9
  • Window Features: Impact Glass
  • Bedroom Features: Entry Level

Exterior Features

  • View: Other View
  • Exterior Features: None, Courtyard, Open Balcony, Other
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Under Construction
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Ritz-Carlton
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Covered

Utilities

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

Condo/Co-op/Association

  • Amenities: Basketball Court, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Library, Pool, Sauna, Spa/Hot Tub, Vehicle Wash Area
  • 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: 00-32-00-000-0000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2020
Sold by
Piazza Michael J and Piazza Alicia A
Bought by
Piazza Michael J and Second Amended & Restated Mich
Total Days on Market
262
Current Estimated Value
$7,196,215

Purchase Details

Listed on
Jan 5, 2018
Closed on
Sep 26, 2019
Sold by
4701 North Meridian Llc
Bought by
Piazza Michael J and Michael J Piazza Living Trust
Seller's Agent
Sonia Gerald
Douglas Elliman
Buyer's Agent
Viviana Junc
Douglas Elliman
List Price
$5,795,000
Sold Price
$5,600,000
Premium/Discount to List
-$195,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%
Original Mortgage
$5,000,000
Outstanding Balance
$4,394,064
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$2,566,271
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
Piazza Michael J -- Seagull Title Company
Piazza Michael J $5,600,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piazza Michael J $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2019 09/26/19 Sold $5,600,000 -3.4% $1,459 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $5,795,000 -- $1,510 / 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 $72,997 $4,021,235 -- --
2023 $72,997 $3,904,112 $0 $0
2022 $70,444 $3,790,400 $0 $0
2021 $74,511 $4,400,000 $0 $0
2020 $85,182 $4,400,000 $0 $0
2019 $3,589 $185,206 $0 $0
2018 $3,483 $185,206 $0 $0
2017 $3,527 $185,206 $0 $0
2016 $3,598 $185,206 $0 $0
2015 $3,669 $185,206 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sonia Gerald

    Seller's Agent in 2019

    Sonia Gerald

    Douglas Elliman

    (305) 807-2508

    5 in this area

    6 Total Sales

    Sonia Gerald
    Section Image
  • Viviana Junc

    Buyer's Agent in 2019

    Viviana Junc

    Douglas Elliman

    (305) 695-6300

    17 Total Sales

    Viviana Junc
    Section Image
See All Agents

About The Ritz-Carlton Residences Miami Beach

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10395719

MIAMI REALTORS® MLS

APN: 02-3222-033-1070

Florida Miami/Dade County Miami Beach 33140 Nautilus

4701 N Meridian Ave Unit 527, Miami Beach, FL

This home is located at 4701 N Meridian Ave Unit 527, Miami Beach, FL 33140 since 05 January 2018 and is currently estimated at $7,196,215, approximately $1,874 per square foot. This property was built in 2019. 4701 N Meridian Ave Unit 527 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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