NOT LISTED FOR SALE

Estimated Value: $1,905,140 - $2,086,000

2 Beds
2.5 Baths
2,028 Sq Ft
$3,566/mo HOA Fee

Last Sold December 19, 2024

Last sale price $2,050,000 $1,011 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $15,853/month

94 Days on Market

Highlights

  • Doorman
  • Water Views
  • Fitness Center
  • Coconut Grove Elementary School Rated A
  • Bar or Lounge
  • Clubhouse

About This Home

As of December 2024

Located in the exclusive Executive Residences of the Ritz-Carlton Coconut Grove, this 2 bed, 2.5 bath unit on the 11th floor has been fully remodeled to perfection. Enjoy a stunning open kitchen with eat-in island, endless counters, top-of-the-line appliances & fixtures coupled w/ exquisite material & fixture finishes. The renovated primary bathroom now features all new materials and fixtures for the walk-in two-person shower along with dual vanities and walk-in closet. Special touches include recessed & designer lighting throughout, marble floors, automatic blackout shades and all interior side of window frames converted to white. Bar none is the Ritz’s amenities & services incl. 2 restaurants on site, pool, spa, gym & valet parking. Walk to the heart of Coconut Grove’s shops and dining.

Last Listed By

Jessica Adams

Douglas Elliman License #3253202 Listed on: 08/26/2024

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,277

Year Built

  • Built in 2002 | Remodeled

HOA Fees

  • $3,566 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking

Property Views

  • Water
  • Skyline
  • Pool

Interior Spaces

  • 2,028 Sq Ft Home
  • Built-In Features
  • Blinds
  • Marble Flooring
  • Security Fence, Lighting or Alarms

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-231-0420

Community Details

Overview

  • High-Rise Condominium
  • Ritz Carlton Condos
  • The Executive Residences Subdivision
  • 22-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Trash Chute
  • Clubhouse
  • Business Center
  • Community Center
  • Party Room
  • Recreation Room
  • Bar or Lounge
  • Lobby
  • Secure Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service
  • Secure Elevator
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,277

Year Built

Built in 2002 | Remodeled

Lot Details

0

HOA Fees

$3,566 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Use Google Maps. Valet park at the Hotel lobby entrance to access the executive residence lobby.
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE EXECUTIVE RESIDENCES
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Lobby, Built-in Features, Closet Cabinetry, Cooking Island, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2028
  • Possible Use: Unknown/Withheld
  • Stories: 22
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Eat-In Kitchen
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • View: Pool Area View, Skyline, Water View
  • Patio And Porch Features: Open Porch
  • Pool Private: Yes
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Secured Garage/Parking, Lobby Secured, Security Patrol, Unit Alarm

Condo/Co-op/Association

  • Association Fee: 3566
  • Amenities: Bar, Bike Storage, Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Storage, Hobby Room, Private Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

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

Lot Info

  • Parcel Number: 01-41-21-231-0420
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Dec 16, 2024
Sold by
Wendell David S and Bowler Patricia M
Bought by
Spiegel Kevin
Seller's Agent
Jessica Adams
Douglas Elliman
Buyer's Agent
Mitzi Mitchell
Cervera Real Estate Inc.
List Price
$2,375,000
Sold Price
$2,050,000
Premium/Discount to List
-$325,000
-13.68%
Total Days on Market
94
Views
28
Current Estimated Value
$2,003,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,715
Avg. Annual Appreciation
-6.37%

Purchase Details

Closed on
Jul 28, 2020
Sold by
Degiusti Cristina Keusch
Bought by
Wendell David S and David S Wendell Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2006
Sold by
Giusti Luis E
Bought by
Degiusti Cristina Keusch

Purchase Details

Closed on
Jan 24, 2003
Sold by
Grove Ocean Condo Llc
Bought by
Giusti Luis E and Degiusti Cristina Keusch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.62%

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
Spiegel Kevin $2,050,000 None Listed On Document
Wendell David S $810,000 Attorney
Degiusti Cristina Keusch -- None Available
Giusti Luis E $620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wendell David S $550,000
Previous Owner Giusti Luis E $496,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $2,050,000 -5.7% $1,011 / Sq Ft
11/28/2024 11/28/24 Pending -- -- --
11/06/2024 11/06/24 Price Changed $2,175,000 -8.4% $1,072 / Sq Ft
08/26/2024 08/26/24 For Sale $2,375,000 0.0% $1,171 / Sq Ft
07/23/2018 07/23/18 Rented $6,200 -4.6% --
07/23/2018 07/23/18 Under Contract -- -- --
06/18/2018 06/18/18 For Rent $6,500 -- --
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 $13,277 $708,367 -- --
2023 $13,277 $687,735 $0 $0
2022 $12,899 $667,704 $0 $0
2021 $12,886 $648,257 $0 $0
2020 $13,807 $648,257 $0 $0
2019 $13,838 $648,257 $0 $0
2018 $14,293 $682,376 $0 $0
2017 $14,554 $671,601 $0 $0
2016 $14,302 $623,506 $0 $0
2015 $13,756 $566,824 $0 $0
2014 $12,979 $543,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11647610

MIAMI REALTORS® MLS

APN: 01-4121-231-0420