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.
Sold for $8,609,000
$8,609,000
1011 W 48th St #8, Miami Beach, FL 33140
4beds
5,154sqft
Condominium
Built in 2022
-- sqft lot
$8,607,200 Zestimate®
$1,670/sqft
$8,798 Estimated rent
Home value
$8,607,200
$7.57M - $9.81M
$8,798/mo
Zestimate® history
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Two-car garageRooftop pool with cabanasDesigned by piero lissoniLush landscaping
Zillow last checked:
Listing updated:
Listed by:
Chelsea Werner 305-586-5711,
One Sotheby's International Realty,
Arielle Werner 401-965-1438,
One Sotheby's International Realty
Bought with:
Ximetta Mires, 3031631
Global Luxury Realty LLC
Source: MIAMI,MLS#: A11982603
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Rooms
- Room types: Den/Library/Office, Game Room
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Other, Electric Range, Refrigerator, Washer
Features
- Built-in Features, Closet Cabinetry, Other, Volume Ceilings, Walk-In Closet(s), Entrance Foyer, Maid/In-Law Quarters
- Flooring: Other, Tile, Wood
- Doors: High Impact Doors
- Windows: Clear Impact Glass, High Impact Windows, Impact Glass, Other Windows
Interior area
- Total interior livable area: 5,154 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Or More Spaces, Covered, Other
- Attached garage spaces: 2
Accessibility
- Accessibility features: Accessibly Equipped
Features
- Levels: Two
- Entry location: Second Floor Entry
- Patio & porch: Open Porch, Patio
- Exterior features: Other, Balcony
- Spa features: Community
- Has view: Yes
- View description: Bay, Canal, Other
- Has water view: Yes
- Water view: Bay,Canal
- Waterfront features: Ocean Access, Seawall, Bay
- Frontage type: Bay/Harbor
Details
- Parcel number: 0232220330080
- Other equipment: Other
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- CBS Construction
Condition
- Year built: 2022
Community & HOA
Community
- Security: Smoke Detector, Other
- Application fee: $100
- Pet fee: $1,500 refundable
- Subdivision: 4701 North Meridian Condo,Ritz Carlton Residen
HOA
- Has HOA: Yes
- Amenities included: Bar, Playground, Fitness Center, Other, Putting Green, Sauna, Spa/Hot Tub
- HOA fee: $9,994 monthly
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $1,670/sqft
- Tax assessed value: $7,504,164
- Annual tax amount: $123,765
- Date on market: 3/17/2026
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Sold | $8,609,000+30.4%$1,670/sqft |
Source:  MIAMI #A11982603 Report a problem | ||
| 5/6/2026 | Price change | $6,600,000+1.5%$1,281/sqft |
Source: MIAMI #A11982603 Report a problem | ||
| 4/24/2026 | Price change | $6,500,000-31.6%$1,261/sqft |
Source: MIAMI #A11982603 Report a problem | ||
| 3/17/2026 | Listed for sale | $9,499,000-5%$1,843/sqft |
Source: MIAMI #A11982603 Report a problem | ||
| 1/5/2026 | Listing removed | $9,995,000$1,939/sqft |
Source: MIAMI #A11886478 Report a problem | ||
| 10/10/2025 | Listed for sale | $9,995,000+20.1%$1,939/sqft |
Source: MIAMI #A11886478 Report a problem | ||
| 9/2/2025 | Listing removed | $59,500$12/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/21/2025 | Listed for rent | $59,500$12/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/9/2023 | Sold | $8,325,000$1,615/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $123,765 +0.9% | $6,101,211 -6.5% |
| 2024 | $122,620 +7.4% | $6,525,360 +8% |
| 2023 | $114,174 +1177.2% | $6,042,000 +1523.8% |
| 2022 | $8,940 +1.1% | $372,099 +10% |
| 2021 | $8,841 +3.7% | $338,272 +10% |
| 2020 | $8,522 +57.3% | $307,520 +10% |
| 2019 | $5,418 +3.1% | $279,564 |
| 2018 | $5,257 | $279,564 |
| 2017 | $5,257 -1.3% | $279,564 |
| 2016 | $5,324 -3.9% | $279,564 |
| 2015 | $5,539 | $279,564 |
| 2014 | -- | -- |
Find assessor info on the county website
Neighborhood: Nautilus
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Nearby schools
GreatSchools rating
- 10/10North Beach Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: North Beach
- Middle: Nautilus
- High: Miami Beach
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$8,607,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$8,607,200
- Florida
- Miami-Dade County
- Miami Beach
- 33140
- Nautilus
- 1011 W 48th St Unit 8
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