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

$10,950,000

4 Bedrooms
4 Full Baths, 1 Partial
5,154 SqFt
$2,125/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Garage2 spaces
Year Built2022
HeatingCentral
CoolingCentral Air
WaterfrontLake Front, Lake Privileges, Ocean Access
ViewLake
MLS #A11560607
StatusActive

About 1011 W 48th St

Indulge in waterfront luxury at the Ritz Carlton Residences in Miami Beach. One of only eight, this elegant two-story single-family villa, designed by Piero Lissoni, blends tropical modern living with the opulence of a luxury hotel. The contemporary design, neutral palette and walls of glass embrace the natural light and capture breathtaking views creating a seamless connection between you and an unparalleled waterfront lifestyle. On the banks of Surprise Lake and access to Biscayne Bay, the Intracoastal Waterway and the Atlantic Ocean directly from your backyard, this Villa offers the best of both worlds, a private and independent sanctuary appointed with world class amenities and services of The Ritz-Carlton.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 2022
  • Stories: 2
  • Living Area: 5,154 SqFt

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (305) 395-4982
  • Listing Agent: Michael Duchon

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
  • Flooring Type: Other, Wood
  • Interior: Built-in Features, Bedroom on Main Level, Closet Cabinetry, First Floor Entry, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Lake Privileges, Ocean Access
  • View: Lake
  • Exterior: Balcony, Security/High Impact Doors, Other, Porch

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 1011 W 48th St

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Beach Senior High School, Public District Grades 9-12
  • Nautilus Middle School, Public District Grades 6-8
  • North Beach Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $10,950,000
  • Price Per SqFt: $2,125/SqFt

HOA Fees:

  • Amount: $9994
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$590.2K

Med. Price/SqFt

$580

Avg. Days On Market

89

# of Sold Homes

163

1011 W 48th St vs Miami Beach

31 DAYS ON ROCKET

-58 Days

$10,950,000

+$10.3M More

$2,125/SqFt

+$1.5K More

KEY TAKEAWAY

This property is $10.3M more than the Median Sold Price and $1.5K/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11560607

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (305) 395-4982
  • Listing Agent: Michael Duchon

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$64.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$32.8K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4711414
9
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 0.73 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4711415
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 0.58 miles

  • Public District Grades 6-8

High School

school-card-donut-4711416
5
/10
  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 1.72 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $159,239. The most common annual income of people living in Miami Beach, FL is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1011 W 48th St

What is the listing price of this property?

The listing price of 1011 W 48th St property is $10,950,000.

What type of property is this?

The property 1011 W 48th St is a house located in The Ritz Carlton Residences, Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 1011 W 48th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1011 W 48th St are:
North Beach Elementary School: GreatSchools Rating 9/10
Nautilus Middle School: GreatSchools Rating 5/10
Miami Beach Senior High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 1011 W 48th St has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 1011 W 48th St is 5,154 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1011 W 48th St is 2022.
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Rocket HomesFloridaMiami-Dade CountyMiami Beach331401011 W 48th St

This home is located at 1011 W 48th St in The Ritz Carlton Residences, Miami Beach, FL and zip code 33140 in the Nautilus neighborhood. This 5,154 square foot home was built in 2022. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $10,950,000.

Miami Beach, FL housing market in April 2024 saw over 8 listings sold above listed price, more than 15 sold at listed price and over 140 sold below. Between March 2024 and April 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 5.8%. The median list price of listings available in April 2024 was $590,290, while the average time on the real estate market was 89 days.

From Rocket Homes Real Estate and based on county public records data.

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