Home » Miami Beach » 1011 W 48th St - The Ritz Carlton Miami Beach, Miami Beach, FL 33140 | A11755295

For Sale 1011 W 48th St - The Ritz Carlton Miami Beach, Miami Beach, FL 33140

$9,995,000

Property Highlights

Listing ID A11755295 Status of this Listing: Active For Sale Newly Listed Property Property Type Residential Single Family House 4 Bedrooms 5 Bathrooms Total 4 Full Bath 1 Half Bath Living Space 5,154 Sqft/478.82 m2 approx. Building Area 7,202 Sqft/669.09 m2 approx. POOL Year Built 2022 Waterfront Has a view of a lake Time of this property on Rebonus 1 Day(s)

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

Property Description: 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.

Useful Info

Original List Price:$9,995,000

Land Lot (Parcel) Details

Lot Features:
  • 1/4 To 1/2 Acre Lot
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • Two Story
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Wood
  • Other
  • Hardwood
Stories:2

Property Features

Has View:Yes
View from the Property:
  • Lake
  • Water
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Lake Front
  • Lake Privileges
Frontage Length:55
Swimming Pool Features:
  • Pool
  • In Ground
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Other
  • Built-in Oven
  • Gas Range
Interior Features:
  • First Floor Entry
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Bedroom On Main Level
  • Built-in Features
Exterior Features:
  • Security/high Impact Doors
  • Balcony
  • Porch
Patio and Porch Features:
  • Balcony
  • Open
  • Porch
Roof:
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • South

Taxes and Expenses

Tax Annual Amount:$122,620

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2024
Association Fee:$9,994
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects City & County Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Subdivision Name:4701 NORTH MERIDIAN CONDO
Community Features:
  • Other
  • Property Manager On-site
  • Fitness
  • Bar/lounge
Senior Community:No
Restrictions: Other Restrictions

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Parking Features:
  • Driveway

Utilities

Sewer:
  • Public Sewer
Water Source:
  • Public

More Details

Other Information:
Tax InformationTax Reflects City & County Tax
Housing Older Persons ActNo HOPA
Flood ZoneAE
Type of AssociationCondo
Rooms DescriptionDen/Library/Office,Maid/In-Law Quarters,Other
StyleWF/Pool/Ocean Access
FEMA Flood Zone DesignationsAE
Municipal Code2
Ref1108190172
Subdivision Number33
Water Access Description:Deeded Dock

Zoning and Legal

Tax Legal Description:4701 NORTH MERIDIAN CONDO UNIT N08 UNDIV 011255% INT IN COMMON ELEMENTS OFF REC 29109-4659
Real Estate Folio Number (Parcel Number):02-32-22-033-0080
Zoning Description:3900
Public Survey Township:2
Public Survey Range:32
Public Survey Section:22

Listing History

Update/EventDate/Days
Published Date:March 3, 2025 11:28 am
On Market Date:March 3, 2025
Price Change Date Time:March 3, 2025 10:14 am
Last Important Update Description:New Listing
Date and Time of Last Important Update:March 3, 2025 11:28 am
Status Last Changed:March 3, 2025 11:28 am
Photos Last Modified:March 3, 2025 4:42 pm
Last Modified:March 3, 2025 4:29 pm
Days on the Market Reference Date:March 3, 2025
Days on the Market (updated on Last Modified*):0
Cumulative Days on the Market (updated on Last Modified**):658

Additional Information

Lot Size Range:1/4 To Less Than 1/2 Acre Lot
Number of Photos:49
Location:,,1/4 To Less Than 1/2 Acre Lot
Included:,,
Area:32
Courtesy of:The Corcoran Group
Universal Property Id:US-12025-N-0232220330080-R-N

Location

Show Property Address:Yes
Street Name:48th St - The Ritz Carlton Miami Beach
Street Number:1011
Street Direction Prefix:W
Street Address:1011 W 48th St - The Ritz Carlton Miami Beach
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade
Full Address:1011 W 48th St - The Ritz Carlton Miami Beach, Miami Beach, FL 33140
Latitude:N25° 49' 25.6''
Longitude:W81° 52' 3.4''

Neighborhood

Postal City:Miami Beach

Property Map

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