
Ritz-Carlton Residences LPH 02 Sold

Property Details
| Sold Price | $7,500,000 |
|---|---|
| Last Asking Price | $7,250,000 |
| Price per SqFt | $1,763 |
| Maintenance Fee | $5,221 Monthly |
| Property Taxes | $111,318 2020 |
| Interior Space | 4,255 SqFt |
| Beds/Baths | 4/4½ |
| Year Built | 2019 |
| Closed Date | 5/6/2022 |
| MLS # | A11037234 |
Location
From the listing
The Ritz-Carlton Residences Miami Beach- best position and line, this residence was customized by the Seller during pre-construction and made into 4 bedrooms, 4 1/2 bathrooms and a family room all overlooking the Atlantic Ocean, Surprise Lake, LaGorce Country Club, and Biscayne Bay. Attributes of Lower Penthouse 2 -11’ ceilings expansive Boffi kitchen w/Gaggenau appliances and gas cooking and a large walk-in pantry, with the Primary suite that is private overlooking the Ocean/Lake/Bay. Residence is tenant occupied at $45,000 month through June 30,2022 and then 2nd year at $52,500 month through June 30, 2023.
Listed by Douglas Elliman
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $5,221 a month; taxes $111,318 for 2020. MLS figures, which may not be accurate.
Sales History for This Unit · Ritz-Carlton Residences LPH 02
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11402372 | $8,000,000 | 1/9/24 |
What Other Units Have Been Selling For at Ritz-Carlton Residences
6 units sold at Ritz-Carlton Residences in the last 12 months at an average of $1,398/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 217 | $4,250,000$1,054/SqFt | 94% | 3/23/26 |
| 603 | $6,750,000$1,625/SqFt | 84% | 11/7/25 |
| 503 | $8,075,000$1,911/SqFt | 95% | 2/27/25 |
| PH01 | $17,250,000$2,906/SqFt | 86% | 6/3/24 |
| 512 | $8,500,000$2,022/SqFt | 96% | 5/15/24 |
| LPH02 | $8,000,000$1,764/SqFt | 94% | 1/9/24 |
| PH16 | $6,174,000$1,370/SqFt | 89% | 12/8/21 |
| 501 | $5,150,000$1,241/SqFt | 88% | 10/15/21 |
For a full analysis of past sales in this building, contact Mark Zilbert.

Listed by Douglas Elliman. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
Ask Mark About This Listing
Ritz-Carlton Residences LPH 02, 4701 N Meridian Avenue · MLS A11037234 · Sold May 2022
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Ritz-Carlton Residences
At Ritz-Carlton Residences, 7 of 110 units are for sale and 6 sold in the last 12 months at an average of $1,398 per SqFt. LPH 02 sold at $1,763 per SqFt, above the building's average at the time. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.

