$5,900,000
SOLD JUN 7, 2021

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

Nautilus Neighborhood
4 Beds
4.5 Baths
4,255 Sq Ft
$5,039/mo HOA Fee

Recently Sold

$1,387 Per Sq Ft

4% Below List Price

149 Days on Market

Highlights

  • Doorman
  • Dock Available
  • Fitness Center
  • North Beach Elementary School Rated A-
  • Community Cabanas
  • New Construction

About This Home

As of June 2021

The Ritz-Carlton Residences, Miami Beach offers 111 luxury residences designed by Piero Lissoni. This corner residence boasts walls of glass embracing natural light throughout expansive living spaces and wraparound terrace overlooking Surprise Lake, Biscayne Bay, and Downtown Miami. Exquisitely finished with stone and wood flooring, Boffi kitchen with gas cooktop, Gaggenau appliances, and Zucchetti fixtures. Full-service building managed by The Ritz-Carlton and amenities including a marina, spa, rooftop restaurant and pool. Immediate occupancy.

Last Agent to Sell the Property

Carol Cassis-mcmillan

Fortune International Realty License #3191986 Listed on: 11/11/2020

Fortune International Realty

Co-Listed By

Stephan Burke

Fortune International Realty License #0631239

Last Buyer's Agent

Jason Sims

Serhant License #3297843

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $110,365

Year Built

  • Built in 2019 | New Construction

HOA Fees

  • $5,039 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Home Design

  • Entry on the 6th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,255 Sq Ft Home
  • Entrance Foyer
  • Den

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Dock Available

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 02-32-22-033-0270

Community Details

Overview

  • 111 Units
  • Mid-Rise Condominium
  • The Ritz Carlton Condos
  • The Ritz Carlton Subdivision
  • Car Wash Area
  • 10-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Trash Chute
  • Billiard Room
  • Community Center
  • Party Room
  • Secure Lobby
  • Community Storage Space
  • Elevator

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • Pets Allowed

Building Details

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$110,365

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$5,039 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Co List Office Mls Id: DEOM01
  • Co List Office Phone: 305-695-6300
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: The Ritz-Carlton
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • 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, Den/Library/Office
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Marble, Other, Wood
  • Furnished: Unfurnished
  • Living Area: 4255
  • Possible Use: Unknown/Withheld
  • Stories: 10
  • Window Features: Impact Glass
  • Bedroom Features: Entry Level
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Canal, Other View
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New 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: 1 Space, Valet

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

  • Association Fee: 5039
  • Amenities: Bike/Jog Path, Billiard Room, Cabana, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Storage, Pool, Spa/Hot Tub, Trash Chute, 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: 02-32-22-033-0270
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 5039
  • Number Of Units In Community: 111
  • Number Of Units Total: 111

Tax Info

  • Tax Year: 2019

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
$7,162,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,262,532
Avg. Annual Appreciation
4.81%

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:

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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 Type Sale Price Title Company
Warranty Deed -- Attorney
Special Warranty Deed $5,100,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,070,000 New Conventional
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
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
2025 $110,365 $6,268,838 -- --
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

    21 Total Sales

    Jordan Karp
    Section Image

  • B

    Buyer Co-Listing Agent in 2023

    Brandon Kessler

    PMG Residential LLC

    (561) 706-1406

    1 Total Sale

    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

    26 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

    27 Total Sales

    Stephan Burke
    Section Image
See All Agents

About The Ritz-Carlton Residences Miami Beach

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10955677

MIAMI REALTORS® MLS

APN: 02-3222-033-0270

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 priced at $5,900,000, approximately $1,386 per square foot. This property was built in 2019. 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.

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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