Property Details
| Sold Price | $2,250,000 |
|---|---|
| Last Asking Price | $2,550,000 |
| Price per SqFt | $1,471 |
| Maintenance Fee | $2,795 Monthly |
| Property Taxes | $26,751 2025 |
| Interior Space | 1,530 SqFt |
| Beds/Baths | 2/2½ |
| Year Built | 2001 |
| Closed Date | 4/23/2026 |
| MLS # | A11971755 |
Location
From the listing
Enjoy living the ultimate Miami lifestyle in this fully renovated, rarely available 01-line corner residence at The Ritz-Carlton Residences, featuring stunning endless water views of the bay and ocean. This 2-bedroom, 2-bath home features Italian porcelain flooring throughout, custom cabinetry, quartz countertops, high-end appliances, new high-impact windows and doors, ample closet space and a large laundry room with additional room for storage. The versatile second bedroom includes a custom wall unit with Murphy bed, ideal for guests or office use which may stay or be removed. Enjoy private balconies and the exceptional Ritz-Carlton experience with complimentary valet and resort-style amenities. Located in a prime Coconut Grove location just steps from top restaurants, shops, parks, schools and the waterfront. This building allows 30-day rentals, offering excellent flexibility for owners and investors and is a short drive to Brickell, downtown Miami, Miami Beach and the airport.
Listed by Coldwell Banker Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $2,795 a month; taxes $26,751 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · The Tower Residences Unit 1601
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11602516 | $1,759,500 | 9/12/24 |
| A10987826 | $1,050,000 | 7/26/21 |
What Other Units Have Been Selling For at The Tower Residences
9 units sold at The Tower Residences in the last 12 months at an average of $1,373/SqFt (this sale among them)
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 902 | $3,274,550$1,552/SqFt | 94% | 10/20/26 |
| 802 | $3,050,000$1,445/SqFt | 88% | 9/25/26 |
| 207 | $1,690,000$1,083/SqFt | 98% | 8/10/26 |
| 602 | $3,100,000$1,469/SqFt | 89% | 7/24/26 |
| 1706 | $1,690,000$1,069/SqFt | 97% | 6/12/26 |
| 1902 | $2,788,000$1,319/SqFt | 95% | 5/14/26 |
| 906 | $1,675,000$1,088/SqFt | 93% | 5/4/26 |
| 1107 | $1,775,000$1,065/SqFt | 91% | 10/23/25 |
For a full analysis of past sales in this development, contact Mark Zilbert.
Listed by Coldwell Banker Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
Ask Mark About This Listing
The Tower Residences Unit 1601, 3400 SW 27 Ave · MLS A11971755 · Sold Apr 2026
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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 The Tower Residences
At The Tower Residences, 6 of 126 units are for sale and 9 sold in the last 12 months at an average of $1,373 per SqFt. Unit 1601 sold at $1,471 per SqFt, above the building's average at the time. Figures compiled by Mark Zilbert, a Miami real estate agent with ONE Sotheby's International Realty, from MLS records.