Villa in 1011 W 48th Street 8, Miami Beach, FL 33140 with MLS# A11982603
AUCTION BIDDING OPEN: Bidding ends May 7th. Previously Listed $9.499M. Current High Bid $6.6M. Showings Sat and Sun from 1:00 PM - 3:00 PM and by appointment.One of only eight, this fully furnished two-story waterfront villa at The Ritz-Carlton Residences, Miami Beach represents an unparalleled convergence of private residential living and five-star hospitality. Designed by Piero Lissoni and elegantly appointed with furnishings from Poltrona Frau, the residence commands Surprise Lake with direct access to Biscayne Bay, the Intracoastal Waterway, and the Atlantic Ocean via a private boat dock. Expansive walls of glass dissolve the boundary between interior and water, while lush landscaping and a two-car garage complete the estate experience. Residents enjoy the full complement of Ritz-Carlton amenities: rooftop pool with cabanas, spa, fitness center, meditation garden, art studio, billiard room, and dedicated concierge staff-all within one of Miami Beach's most prestigious addresses.
1011 W 48th Street 8, Miami Beach, FL 33140
Price
- Price:
- $6,600,000.00
- Original List Price:
- $9,499,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,670.35
- Close Price:
- $8,609,000.00
- Transaction closed on:
- June 8, 2026
Property Status and Type
- Listing Type:
- Sold
- Status:
- Closed
- Listing Category:
- Residential
- Property Type:
- Villa
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- June 9, 2026 6:23 pm
- Other Special Conditions:
- Sold As-is
Rooms Distribution
- Bedrooms:
- 4
- Bathrooms Total:
- 5
- Full Bath:
- 4
- Half Bath:
- 1
- Room Type:
- Den, Foyer, Game Room, Maid/in-law Quarters
- Master Bedroom Bath:
- Separate Shower, Master Bdrm - Ground, Separate Tub, Other
- Dining Area:
- Eat-in Kitchen, Dining/Living Room, Breakfast Area
Measures
- Living Area:
- 5,154 Sqft
Property Features
- View from the Property:
- Canal, Bay, Other
- Waterfront:
- Yes
- Waterfront Features:
- Ocean Access, Seawall, Bayfront
- Security:
- Smoke Detector(s), Other
- Furnished:
- Furnished
- Appliances:
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Other, Electric Range
- Interior:
- High Ceilings, Walk-In Closet(s), Closet Cabinetry, Built-in Features, Other
- Exterior:
- Balcony, Other
- Patio and Porch:
- Patio, Porch, Porch - Open
- Windows:
- Other
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Boat and Dock Features:
- Private Dock, Deeded Dock
- Boat Dock Accommodates:
- Up To 40 Ft Boat
- Property Entrance Faces:
- South
- Other Equipment:
- Other
- Balcony Details:
- Balcony - Open
- Storm Protection Impact Glass:
- Partial
Construction
- Year Built:
- 2022
- Architectural Style:
- Other
- Levels:
- Two
- Entry Level (floor):
- 2
- Construction Materials:
- CBS
- Flooring:
- Tile, Wood, Other
- Number of stories:
- 2
- Structure Type:
- Villa
- Stories:
- 2
- Flood Zone Code:
- AE
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $123,765.00
- Tax Year:
- 2025
- Association Fee:
- $9,994.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- City/County
Parking
- Garage
- Garage Spaces:
- 2
- Covered Spaces:
- 2
- Parking Features:
- Garage, Attached, Covered, Attached Garage
Utilities
- Utilities Available:
- Cable Available
Community
- Association
- Application Required
- Application Fee:
- $100.00
- Application Information:
- 3-4 Weeks Approval, Association Approval Required
- Association Type:
- Condominium
- Pets Allowed?:
- Yes, Pet Restrictions Possible
- Lease Number Times per Year Allowed:
- 1
- Amenities Provided by the Homeowner's Association (HOA):
- Sauna, Spa/hot Tub, Bar, Putting Green, Other, Playground, Management, Fitness Center
- Subdivision Name:
- 4701 NORTH MERIDIAN CONDO
- Association Fee Includes:
- Maintenance Grounds, Security, Maintenance Structure, Common Areas, Pool Service, Recreation Facility
- Senior Community:
- No
- Development Name:
- Ritz Carlton Residen
- Restrictions:
- Other Restrictions
- Minimum Days per Lease:
- 365
- Community Dock
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable
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):
- 0232220330080
Public Schools Assigned
- Elementary School:
- Allapattah Flats K-8
- High School:
- Miami Beach
- Middle Or Junior School:
- Miami Beach Nautilus
Listing History
- Active on the market since:
- March 17, 2026
- Listing Agreement executed on:
- March 17, 2026
- Purchase Contract Date:
- June 9, 2026
- Price change occurred on:
- May 6, 2026 10:13 pm
- Listing Status Last Changed On:
- June 9, 2026 6:23 pm
- Photos updated on:
- June 9, 2026 7:22 pm
- Last Modified:
- June 9, 2026 7:22 pm
Additional Information
- Courtesy of:
- One Sotheby's International Realty
- Attribution:
- Not provided
Location
- Floor Number:
- 1
- Street Name:
- 48th
- Street Number:
- 1011
- Unit Number:
- 8
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33140
- County:
- Miami-Dade
- Latitude:
- N25° 49' 25.6''
- Longitude:
- W81° 52' 3.5''
- Street Suffix:
- Street
- Street Direction Prefix:
- W
Property Map
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$103,898
Median Home Value
$863,600
Median Rent
$2,020/mo
Median Age
40
Population
19,455
Air Quality
Source: AirNow.gov · Miami
🌬️ Air Quality Index (AQI)
45
Good
☀️ O3
30
Good
🫁 PM2.5
45
Good
Ver la propiedad 1011 W 48th Street 8, Miami Beach, FL 33140
