$9,995,000

1011 W 48th St - the Ritz Carlton Miami Beach Miami Beach, FL 33140

Nautilus Neighborhood

Estimated payment $75,998/month

Total Views 6,197
4 Beds
4.5 Baths
5,154 Sq Ft
$1,939 Price per Sq Ft

Highlights

  • Lake Front
  • Property has ocean access
  • Bar or Lounge
  • North Beach Elementary School Rated A-
  • Deeded Boat Dock
  • 5-minute walk to Fisher Park

About This Home

Indulge in waterfront luxury at the Ritz-Carlton Residences. One of only eight, this two-story single-family villa, designed by Piero Lissoni, seamlessly blends tropical modern elegance with the world-class sophistication of a luxury hotel. Contemporary design, neutral palette & expansive walls of glass invite natural light to fill the space, capturing breathtaking water views & creating a seamless indoor-outdoor connection. Nestled along Surprise Lake, with direct access to Biscayne Bay, the Intracoastal & the Atlantic Ocean, this villa offers the best of both worlds—an exclusive, private retreat complemented by the five-star amenities & services of The Ritz-Carlton. Seller is facilitating a 1031 exchange with the proceeds presenting a rare opportunity for both buyers & savvy investors.

Listing Agent

Mick Duchon

The Corcoran Group License #3225793

The Corcoran Group

Co-Listing Agent

Eloy Carmenate

The Corcoran Group License #3008688

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $122,620

Year Built

  • Built in 2022

Lot Details

  • 55 Ft Wide Lot
  • Lake Front
  • South Facing Home
  • Property is zoned 3900

HOA Fees

  • $9,994 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,154 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Den
  • Wood Flooring
  • Lake Views
  • High Impact Door

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Access To Lake
  • Deeded Boat Dock
  • Balcony
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-22-033-0080

Community Details

Overview

  • 4701 North Meridian Condo Subdivision

Recreation

  • Fitness Center

Additional Features

  • Bar or Lounge
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$122,620

Year Built

Built in 2022

Lot Details

0

HOA Fees

$9,994 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Co List Office Mls Id: CSMG02
  • Co List Office Phone: 305-395-4982
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: 4701 NORTH MERIDIAN CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Other, Walk-In Closet(s), Den/Library/Office, Maid/In-Law Quarters
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Other, Wood
  • Living Area: 5154
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Den/Library/Office, Maid/In-Law Quarters, Other

Exterior Features

  • Roof: Other
  • View: Lake, Water
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Lake, Lake Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 4701 NORTH MERIDIAN CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 9994
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Additional Amenities, Bar, Exercise Room, Management On Site
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-22-033-0080
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 122620

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $114,174 $6,525,360 -- --
2023 $114,174 $5,528,430 $0 $0
2022 $8,940 $372,099 $0 $0
2021 $8,841 $338,272 $0 $0
2020 $8,522 $667,753 $0 $0
2019 $5,418 $279,564 $0 $0
2018 $5,257 $279,564 $0 $0
2017 $5,324 $279,564 $0 $0
2016 $5,430 $279,564 $0 $0
2015 $5,539 $279,564 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 For Sale $9,995,000 -- $1,939 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $8,325,000 None Listed On Document
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Special Warranty Deed $1,348,800 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,000,000 New Conventional
Closed $91,817 New Conventional
Open $5,411,250 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11755295

MIAMI REALTORS® MLS

APN: 02-3222-033-0080

Florida Miami/Dade County Miami Beach 33140 Nautilus

1011 W 48th St - the Ritz Carlton Miami Beach, Miami Beach, FL

Homes for Sale in Miami Beach, FL

This home is located at 1011 W 48th St - the Ritz Carlton Miami Beach, Miami Beach, FL 33140 and is currently priced at $9,995,000, approximately $1,939 per square foot. This property was built in 2022. 1011 W 48th St - the Ritz Carlton Miami Beach 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.

Mick Duchon
Listing Agent
Mick Duchon
Section Image
The Corcoran Group
(305) 395-4982