NOT LISTED FOR SALE

Estimated Value: $7,881,534

7 Beds
6 Baths
9,454 Sq Ft
$12,851/mo HOA Fee

Last Sold September 16, 2022

Last sale price $15,000,000 $1,587 Per Sq Ft

Est. 47% decrease in value since last sale

Current estimated payment $71,259/month

1 Day on Market

Highlights

  • Dock Available
  • Community Cabanas
  • Fitness Center
  • North Beach Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • New Construction

About This Home

As of September 2022

Rare, combined Penthouse at the Ritz-Carlton Residences in Miami Beach featuring spectacular bay and city skyline views. Custom designed by dooarch, this unique Penthouse is the largest floor plan in the entire building featuring 9,454 interior square feet offering 7 bedrooms + Den and 6 spa-like bathrooms. This unit also boasts 3,301 square feet of private terraces with outdoor kitchen, dining area and plunge pool.

Last Listed By

Darin Tansey

Douglas Elliman License #3196065 Listed on: 05/24/2022

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $101,798

Year Built

  • Built in 2019 | New Construction

HOA Fees

  • $12,851 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

Home Design

  • Penthouse

Interior Spaces

  • 9,454 Sq Ft Home
  • Built-In Features
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Dock Available
  • Deck
  • Patio

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-22-033-1250

Community Details

Overview

  • Mid-Rise Condominium
  • Ritz Carlton Residences Condos
  • 4701 North Meridian Condo Subdivision
  • 9-Story Property

Amenities

  • Elevator
  • Secure Lobby

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$101,798

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$12,851 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Entry Level: 9
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 4701 NORTH MERIDIAN CONDO
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Walk-In Closet(s)
  • Full Bathrooms: 6
  • Total Bedrooms: 7
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 9454
  • Possible Use: Primary
  • Stories: 9
  • Bedroom Features: Other

Exterior Features

  • View: Bay, Skyline
  • Exterior Features: Other
  • Patio And Porch Features: Deck, Patio
  • Pool Private: Yes
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: RITZ-CARLTON RESIDENCES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 12851
  • Amenities: Cabana, Elevator(s), Exercise Room, Heated Pool, Child Play Area, Private Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-22-033-1250
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 101798

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Sep 16, 2022
Sold by
4701 North Meridian Llc
Bought by
Lapciuc Israel and Lapciuc Tania
Seller's Agent
Darin Tansey
Douglas Elliman
Buyer's Agent
Michael Light
Douglas Elliman
List Price
$15,000,000
Sold Price
$15,000,000
Total Days on Market
1
Views
9
Current Estimated Value
$7,881,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,118,466
Avg. Annual Appreciation
-22.54%

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 Buyer Sale Price Title Company
Lapciuc Israel $5,838,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $15,000,000 0.0% $1,587 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $15,000,000 -- $1,587 / 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 $171,488 $6,014,067 -- --
2023 $171,488 $5,838,900 $0 $0
2022 $116,850 $5,656,750 $0 $0
2021 $101,798 $5,142,500 $0 $0
2020 $106,478 $5,500,000 $0 $0
2019 $4,435 $228,886 $0 $0
2018 $4,304 $228,886 $0 $0
2017 $4,359 $228,886 $0 $0
2016 $4,446 $228,886 $0 $0
2015 $4,535 $228,886 $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: A11209092

MIAMI REALTORS® MLS

APN: 02-3222-033-1250