NOT LISTED FOR SALE

Estimated Value: $2,950,000 - $3,367,000

2 Beds
2.5 Baths
2,020 Sq Ft
$4,092/mo HOA Fee

Last Sold May 08, 2024

Last sale price $3,000,000 $1,485 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $23,059/month

72 Days on Market

Highlights

  • Doorman
  • Boat Dock
  • Fitness Center
  • North Beach Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • Clubhouse

About This Home

As of May 2024

Immaculate Lower Penthouse at the coveted Ritz-Carlton Residences. Experience breathtaking Bay & downtown sunset views from this polished move-in ready residence, exquisitely finished for today's living. Offering 2 spacious bedrooms, 2.5 bathrooms, private foyer entrance, chic elegant sun-filled interiors with custom lighting and curated finishes, & an open eat-in gas kitchen with top-of-the-line Gaggenau appliances. Enjoy seamless indoor/outdoor living in every room, with floor-to-ceiling impact sliding glass doors and a balcony that wraps around the entire residence. The luxurious primary suite boasts a walk-in closet and stunning bath with glass-enclosed shower and huge soaking tub. 1 assigned parking + 1 valet. Premier living for the VIP!

Last Agent to Sell the Property

Nancy Batchelor

Compass Florida, LLC. License #0416207 Listed on: 02/09/2024

Compass Florida, LLC.

Last Buyer's Agent

Nancy Batchelor

Compass Florida, LLC. License #0416207 Listed on: 02/09/2024

Compass Florida, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,126

Year Built

  • Built in 2019

Lot Details

  • Southwest Facing Home

HOA Fees

  • $4,092 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,020 Sq Ft Home
  • Custom Mirrors
  • Built-In Features
  • Vaulted Ceiling
  • Blinds
  • Entrance Foyer
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Additional Features

  • Accessible Elevator Installed

Listing and Financial Details

  • Assessor Parcel Number 02-32-22-033-1150

Community Details

Overview

  • Mid-Rise Condominium
  • The Ritz Carlton Condos
  • 4701 North Meridian Condo Subdivision
  • 8-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Center
  • Party Room
  • Community Library
  • Elevator

Recreation

  • Boat Dock
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,126

Year Built

Built in 2019

Lot Details

0

HOA Fees

$4,092 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Directions: The Ritz offers an unmatched exclusive experience with White-glove services & concierge, State-of-the-Art amenities, and an incomparable Miami Beach location in quiet neighborhood setting. Mins to beaches, top dining, & A schools. 15 mins to MIA Airport!
  • Entry Level: 5
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 4701 NORTH MERIDIAN CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Water Purifier, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Custom Mirrors, Elevator, Fire Sprinklers, Entrance Foyer, Pantry, Volume Ceilings, Walk-In Closet(s), Utility Room/Laundry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Other
  • Furnished: Unfurnished
  • Living Area: 2020
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 8
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Eat-In Kitchen
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Bidet, Separate Tub & Shower

Exterior Features

  • View: Bay, Skyline, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: The Ritz-Carlton
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Guest, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Fire Alarm, Doorman, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 4092
  • Amenities: Boat Dock, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Heated Pool, Library, Other, Pool, 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: 02-32-22-033-1150
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 28126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
May 6, 2024
Sold by
Edwards Stephen F and Edwards Elizabeth F
Bought by
Morris Michele L and Fishman Joel E
Seller's Agent
Nancy Batchelor
Compass Florida, LLC.
Buyer's Agent
Nancy Batchelor
Compass Florida, LLC.
List Price
$3,490,000
Sold Price
$3,000,000
Premium/Discount to List
-$490,000
-14.04%
Total Days on Market
72
Views
1252
Current Estimated Value
$3,132,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,347
Avg. Annual Appreciation
4.12%

Purchase Details

Listed on
Nov 13, 2020
Closed on
Apr 21, 2021
Sold by
4701 North Meridian Llc
Bought by
Edwards Stephen F and Edwards Elizabeth F
Seller's Agent
Sonia Gerald
Douglas Elliman
Buyer's Agent
Sonia Gerald
Douglas Elliman
List Price
$2,295,000
Sold Price
$2,125,000
Premium/Discount to List
-$170,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.18%
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
Morris Michele L $3,000,000 None Listed On Document
Edwards Stephen F $2,125,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Sold $3,000,000 -11.5% $1,485 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
03/05/2024 03/05/24 Price Changed $3,390,000 -2.9% $1,678 / Sq Ft
02/09/2024 02/09/24 For Sale $3,490,000 +64.2% $1,728 / Sq Ft
05/10/2021 05/10/21 Sold $2,125,000 -7.4% $1,052 / Sq Ft
11/12/2020 11/12/20 For Sale $2,295,000 -- $1,136 / 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 $28,126 $1,575,436 -- --
2023 $28,126 $1,529,550 $0 $0
2022 $27,127 $1,485,000 $0 $0
2021 $24,987 $1,262,250 $0 $0
2020 $26,135 $1,350,000 $0 $0
2019 $1,834 $94,615 $0 $0
2018 $1,779 $94,615 $0 $0
2017 $1,802 $94,615 $0 $0
2016 $1,838 $94,615 $0 $0
2015 $1,875 $94,615 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11530654

MIAMI REALTORS® MLS

APN: 02-3222-033-1150