NOT LISTED FOR SALE

Estimated Value: $1,524,000 - $1,935,000

2 Beds
2.5 Baths
2,028 Sq Ft
2002 Built

Last Sold February 20, 2024

Last sale price $1,632,500 $805 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,005/month

160 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Fitness Center
  • Coconut Grove Elementary School Rated A
  • Bar or Lounge
  • Media Room

About This Home

As of February 2024

A large urban oasis in the heart of Coconut Grove. Stroll to numerous signature restaurants, shops, boutiques, parks, and cultural venues from this spectacular corner apartment at The Ritz-Carlton. Experience pampered living provided by The Ritz Carlton staff and the luxurious amenities offered with the condominium. This distinctive home is characterized by a mixture of comfort, elegance, style, and upscale living. Easy access to MIA Airport, downtown, the beaches, Key Biscayne, and Coral Gables. In-house Restaurant, Bar, full-service Spa, Pool, and walking distance to The Fresh Market. A perfect location for a savvy and discerning owner who wishes to maintain a primary home or a pied-a-terre in the historic core of Miami. Easy to show with a call to the Listing Agent. Furniture available.

Last Agent to Sell the Property

Sharon Silver

Wenzel Investment Group License #0557874 Listed on: 09/12/2023

Last Buyer's Agent

Vivian Dimond

Brown Harris Stevens License #3393735

Brown Harris Stevens

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,201

Year Built

  • Built in 2002

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit
  • Northwest Facing Home

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Guest Parking

Property Views

  • Skyline
  • Garden
  • Pool

Home Design

  • Condo Hotel
  • Entry on the 10th floor
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,028 Sq Ft Home
  • Furniture for Sale
  • Built-In Features
  • Sliding Windows
  • Combination Dining and Living Room
  • Media Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Doors
  • Doors with lever handles
  • Accessible Entrance

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Thermostat

Outdoor Features

  • Balcony
  • Courtyard
  • Exterior Lighting

Location

  • East of U.S. Route 1

Schools

  • Coconut Grove Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-231-0410

Community Details

Overview

  • Property has a Home Owners Association
  • 88 Units
  • High-Rise Condominium
  • Ritz Carlton Residences Condos
  • The Executive Residences Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • Property has 1 Level

Amenities

  • Doorman
  • Valet Parking
  • Trash Chute
  • Bar or Lounge
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Heated Community Pool
  • Bike Trail

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $3,566

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,201

Year Built

Built in 2002

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Ownership: Other Ownership
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 10
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE EXECUTIVE RESIDENCES
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Fire Sprinklers, Split Bedroom, Walk-In Closet(s), Media Room, Utility Room/Laundry
  • Accessibility Features: Door Levers, Accessible Elevator Installed, Accessible Entrance, Accessible Doors
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble, Tile
  • Furnished: Furniture For Sale, Unfurnished
  • Living Area: 2028
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Primary
  • Stories: 22
  • Window Features: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass, Sliding
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Media Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Garden View, Pool Area View, Skyline
  • Exterior Features: East Of Us1, Courtyard, Open Balcony
  • Construction Type: Pre-Cast Concrete Construction
  • Direction Faces: Northwest
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Ritz Carlton Residences
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Guest, Valet, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Electric, Heat Pump/Reverse Cycle
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Amenities: Bar, Bike/Jog Path, Elevator(s), Exercise Room, Exterior Lighting, Storage, Heated Pool, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Coconut Grove
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 01-41-21-231-0410
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances, Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 17201

Multi Family

  • Maintenance Expense: 3566
  • Number Of Units In Community: 88
  • Number Of Units Total: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Feb 20, 2024
Sold by
Terri R Shikany Living Trust
Bought by
Zilber Martin and Zilber Cynthia
Seller's Agent
Sharon Silver
Wenzel Investment Group
Buyer's Agent
Vivian Dimond
Brown Harris Stevens
List Price
$2,180,000
Sold Price
$1,632,500
Premium/Discount to List
-$547,500
-25.11%
Views
69
Current Estimated Value
$1,766,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,583
Avg. Annual Appreciation
3.87%

Purchase Details

Closed on
Dec 29, 2021
Sold by
Walter Shikany Iii
Bought by
Terri R Shikany Living Trust

Purchase Details

Listed on
May 16, 2013
Closed on
Jul 29, 2013
Sold by
Rccg 1004 Llc
Bought by
Shikany Walter
Seller's Agent
Jorge Brugo M.B.A
Celebrity Dot Properties LLC
Buyer's Agent
Benjamin Moss
Compass Florida, LLC
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$580,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2011
Sold by
Caro Consuelo E and Caro Alvaro Carlos
Bought by
Rccg 1004 Llc

Purchase Details

Closed on
Feb 25, 2003
Sold by
Planes William P and Planes Regina M
Bought by
Planes Regina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
5.5%
Source: Public Records
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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
Zilber Martin $1,632,500 None Listed On Document
Terri R Shikany Living Trust $990,000 Almazan Law
Shikany Walter $725,000 Attorney
Rccg 1004 Llc -- Attorney
Caro Consuelo E $540,000 Title Insurors Of Florida
Planes Regina M -- --
Planes William P $545,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shikany Walter $580,000
Previous Owner Planes William P $436,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2024 02/20/24 Sold $1,632,500 -13.2% $805 / Sq Ft
01/05/2024 01/05/24 Price Changed $1,880,000 -5.8% $927 / Sq Ft
10/04/2023 10/04/23 Price Changed $1,995,000 -8.5% $984 / Sq Ft
09/12/2023 09/12/23 For Sale $2,180,000 +200.7% $1,075 / Sq Ft
08/02/2013 08/02/13 Sold $725,000 -9.3% $357 / Sq Ft View Prior Sale
06/27/2013 06/27/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $799,000 -- $394 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $21,796 $1,309,775 -- --
2024 $19,985 $1,009,614 -- --
2023 $19,985 $917,831 $0 $0
2022 $17,201 $834,392 $0 $0
2021 $13,637 $641,840 $0 $0
2020 $13,670 $641,840 $0 $0
2019 $13,701 $641,840 $0 $0
2018 $14,151 $675,621 $0 $0
2017 $14,410 $664,953 $0 $0
2016 $14,568 $645,396 $0 $0
2015 $15,361 $680,262 $0 $0
2014 $14,025 $618,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11451117

MIAMI REALTORS® MLS

APN: 01-4121-231-0410

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