NOT LISTED FOR SALE

The Ritz-Carlton Residences Miami Beach 4701 N Meridian Ave Unit 602 Miami Beach, FL 33140

Nautilus Neighborhood

Estimated Value: $6,046,000 - $8,450,000

4 Beds
5 Baths
4,535 Sq Ft
$1,649/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $5,900,000 $1,301 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $50,401/month

About This Home

As of June 2021

A modern expression of luxury, Ritz Carlton Residences 602 is the sky home you have been dreaming of. Envisioned by acclaimed designer Piero Lissoni this sky mansion is Miami Beach living at its finest with an expansive wrap around balcony, unobstructed ocean and bay views. An expansive kitchen with an extra-large marble island premium Sub-Zero and Gaggenau appliances with gas range. Custom built closets, motorized blackouts in the bedrooms and sheers in the common areas. A total home water filtration system and reverse osmosis provides the best water to this unit. Enjoy personalized service by the Ritz Carlton, an unparalleled array of amenities, a private elevator, golf simulator, theatre, kids’ playroom, art studio, library along with privileged access to the Eden Roc Resort.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Jul 27, 2021
Sold by
Alexander Eric
Bought by
One Hotel Ph 1707 Llc
Seller's Agent
Carol Cassis-mcmillan
Fortune International Realty
Buyer's Agent
Jason Sims
Serhant
List Price
$6,120,000
Sold Price
$5,900,000
Premium/Discount to List
-$220,000
-3.59%
Current Estimated Value
$7,479,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,579,987
Avg. Annual Appreciation
6.13%

Purchase Details

Listed on
Nov 11, 2020
Closed on
Jun 7, 2021
Sold by
4701 North Meridian Llc
Bought by
Alexander Eric
Seller's Agent
Carol Cassis-mcmillan
Fortune International Realty
Buyer's Agent
Jason Sims
Serhant
List Price
$6,120,000
Sold Price
$5,900,000
Premium/Discount to List
-$220,000
-3.59%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
One Hotel Ph 1707 Llc -- Attorney
Alexander Eric $5,100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ian Kaplan Family Trust $5,070,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2024 01/01/24 Rented $45,000 -25.0% --
08/10/2023 08/10/23 For Rent $60,000 +71.4% --
04/01/2023 04/01/23 Rented $35,000 -41.7% --
01/17/2023 01/17/23 For Rent $60,000 0.0% --
06/07/2021 06/07/21 Sold $5,900,000 -3.6% $1,387 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
11/10/2020 11/10/20 For Sale $6,120,000 -- $1,438 / Sq Ft

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 $100,944 $5,553,900 -- --
2023 $100,944 $5,049,000 $0 $0
2022 $86,243 $4,590,000 $0 $0
2021 $94,394 $4,768,500 $0 $0
2020 $98,734 $5,100,000 $0 $0
2019 $4,265 $220,069 $0 $0
2018 $4,138 $220,069 $0 $0
2017 $4,191 $220,069 $0 $0
2016 $4,275 $220,069 $0 $0
2015 $4,360 $220,069 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Sims

    Seller's Agent in 2024

    Jason Sims

    Serhant

    (305) 695-6300

    1 in this area

    11 Total Sales

    Jason Sims
    Section Image

  • J

    Buyer's Agent in 2023

    Jordan Karp

    Jordan Karp LLC

    (305) 297-0787

    2 in this area

    19 Total Sales

    Jordan Karp
    Section Image

  • B

    Buyer Co-Listing Agent in 2023

    Brandon Kessler

    PMG Residential LLC

    (561) 706-1406

    Brandon Kessler
    Section Image
  • Carol Cassis-mcmillan

    Seller's Agent in 2021

    Carol Cassis-mcmillan

    Fortune International Realty

    (305) 205-6639

    8 in this area

    27 Total Sales

    Carol Cassis-mcmillan
    Section Image
  • Stephan Burke

    Seller Co-Listing Agent in 2021

    Stephan Burke

    Fortune International Realty

    (305) 215-7833

    8 in this area

    28 Total Sales

    Stephan Burke
    Section Image
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About The Ritz-Carlton Residences Miami Beach

Map

Florida Miami/Dade County Miami Beach 33140 Nautilus

4701 N Meridian Ave Unit 602, Miami Beach, FL

This home is located at 4701 N Meridian Ave Unit 602, Miami Beach, FL 33140 and is currently estimated at $7,479,987, approximately $1,649 per square foot. 4701 N Meridian Ave Unit 602 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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