NOT LISTED FOR SALE

The Ritz-Carlton Residences Miami Beach 4701 N Meridian Ave Unit 624 Miami Beach, FL 33140

Nautilus Neighborhood

Estimated Value: $4,351,000 - $4,451,000

2 Beds
2.5 Baths
2,537 Sq Ft
$3,160/mo HOA Fee

Last Sold March 30, 2021

Last sale price $3,500,000 $1,380 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $32,263/month

235 Days on Market

Highlights

  • Doorman
  • Marina
  • Lake Front
  • North Beach Elementary School Rated A-
  • Ocean View
  • Private Dock

About This Home

As of March 2021

Surrounded by Surprise Lake, in a prime residential area, this two-bedroom, two and a half bath home, includes a den and totals 2537 square feet of living space. The deluxe kitchen has top of the line Gaggenau appliances while both baths are designed by Boffi, and feature Zucchetti fixtures. Unit 624 also features a 1700 square foot outdoor terrace with your very own plunge pool. You will feel as if you are floating above the Lake while enjoying the amazing views from Miami Beach and up the coast to Sunny Isles. Some of the Ritz Carlton amenities include a marina, restaurant, and private areas for lounging and relaxing. Should you wish to enjoy the beach, there is a Ritz Carlton water taxi to take you there. If shopping is what you are in the mood for, you have a private car at the ready.

Last Agent to Sell the Property

Rosy Cancela

Coldwell Banker Realty License #0574234 Listed on: 07/07/2020

Coldwell Banker Realty

Last Buyer's Agent

Rosy Cancela

Coldwell Banker Realty License #0574234 Listed on: 07/07/2020

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $52,631

Year Built

  • Built in 2020 | New Construction

Lot Details

  • East Facing Home

HOA Fees

  • $3,160 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,537 Sq Ft Home
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Storage Room
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Private Dock

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-22-033-0970

Community Details

Overview

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

Amenities

  • Doorman
  • Trash Chute
  • Billiard Room
  • Community Library
  • Elevator

Recreation

  • Boat Dock
  • Marina
  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Complex Is Fenced
  • Complete Impact Glass
  • High Impact Door
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$52,631

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$3,160 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: Alton Road to 47 St., East to property
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 4701 NORTH MERIDIAN CONDO,Ritz Carlton
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Fire Sprinklers, Entrance Foyer, Pantry, Walk-In Closet(s), Den/Library/Office, Storage, Utility Room/Laundry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2537
  • Possible Use: Primary
  • Stories: 8
  • Window Features: Complete Impact Glass
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Lake, Ocean View, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Ritz Carlton Miami Beach
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Complex Fenced, Doorman, Security Patrol

Condo/Co-op/Association

  • Association Fee: 3160
  • Amenities: Bike Storage, Billiard Room, Boat Dock, Clubhouse-Clubroom, Elevator(s), Exercise Room, Library, Marina, Child Play Area, Pool, Sauna, Spa/Hot Tub, Trash Chute
  • 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: 02-32-22-033-0970
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • 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
Jul 7, 2020
Closed on
Mar 30, 2021
Sold by
Much Todd W and Todd W Much Trust
Bought by
Ashkenazi Ophir and Safruti Ido
Seller's Agent
Rosy Cancela
Coldwell Banker Realty
Buyer's Agent
Rosy Cancela
Coldwell Banker Realty
List Price
$4,200,000
Sold Price
$3,500,000
Premium/Discount to List
-$700,000
-16.67%
Total Days on Market
235
Current Estimated Value
$4,403,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$903,215
Avg. Annual Appreciation
5.65%
Original Mortgage
$2,800,000
Outstanding Balance
$2,521,158
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$1,882,057

Purchase Details

Closed on
May 26, 2020
Sold by
4701 North Meridian Llc
Bought by
Much Todd W and Todd W Much Trust
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
Ashkenazi Ophir $3,500,000 Attorney
Much Todd W $3,050,000 Attorney
Much Todd W $3,050,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashkenazi Ophir $2,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $3,500,000 -5.4% $1,380 / Sq Ft
01/09/2021 01/09/21 Price Changed $3,700,000 -7.3% $1,458 / Sq Ft
11/13/2020 11/13/20 Price Changed $3,990,000 -5.0% $1,573 / Sq Ft
07/06/2020 07/06/20 For Sale $4,200,000 -- $1,655 / 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 $52,631 $2,911,109 -- --
2023 $52,631 $2,826,320 $0 $0
2022 $50,783 $2,744,000 $0 $0
2021 $47,305 $2,450,000 $0 $0
2020 $40,316 $2,450,000 $0 $0
2019 $2,381 $122,843 $0 $0
2018 $2,310 $122,843 $0 $0
2017 $2,339 $122,843 $0 $0
2016 $2,386 $122,843 $0 $0
2015 $2,434 $122,843 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rosy Cancela

    Seller's Agent in 2021

    Rosy Cancela

    Coldwell Banker Realty

    (305) 342-7442

    1 in this area

    32 Total Sales

    Rosy Cancela
    Section Image
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About The Ritz-Carlton Residences Miami Beach

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10887161

MIAMI REALTORS® MLS

APN: 02-3222-033-0970

Florida Miami/Dade County Miami Beach 33140 Nautilus

4701 N Meridian Ave Unit 624, Miami Beach, FL

This home is located at 4701 N Meridian Ave Unit 624, Miami Beach, FL 33140 since 07 July 2020 and is currently estimated at $4,403,215, approximately $1,735 per square foot. This property was built in 2020. 4701 N Meridian Ave Unit 624 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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