Market Insights for The Ritz Carlton Miami Beach

As of 04-26-2024

For Sale

  • Active For Sale10
  • Average Price$5,333,990
  • Average Price / Sqft$1,855
  • Average Days on Market84
  • Largest Price Reduction$500,000
  • Largest Price Increase$0

Pending Sales

  • Pending For Sale2
  • Average Price$6,145,000
  • Average Price / Sqft$1,898
  • Average Days on Market64
  • Largest Price Reduction$100,000
  • Largest Price Increase$0

Closed Sales

  • Sold (Last 180 Days)4
  • Average Price$5,456,250
  • Average Price / Sqft$1,754
  • Average Days on Market266
  • Largest Price Reduction$1,199,000
  • Largest Price Increase$-225,000

Recent Sales

Address Closed Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Closing Date
4701 N Meridian Ave, #621
4701 NORTH MERIDIAN CONDO
$6,300,000 $7,499,000 $1,199,000 (-15.99%) 3,418 $1,843 3 / 3 / 1 2024-02-29
4701 N Meridian Ave, #LPH02
4701 NORTH MERIDIAN CONDO
$8,000,000 $8,499,999 $499,999 (-5.88%) 4,535 $1,764 4 / 4 / 1 2024-01-09
4701 N Meridian Ave, #314
4701 NORTH MERIDIAN CONDO
$3,725,000 $3,950,000 $225,000 (-5.7%) 2,520 $1,478 2 / 2 / 1 2023-11-21
4701 N Meridian Ave, #412
4701 NORTH MERIDIAN CONDO
$3,800,000 $4,500,000 $700,000 (-15.56%) 1,969 $1,930 2 / 2 / 1 2023-10-23

Pending Sales

Address List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
4701 N Meridian Ave, #512
4701 NORTH MERIDIAN CONDO
$8,900,000 $0 (0%) 4,204 $2,117 4 / 4 / 1 51
4701 N Meridian Ave, #LPH16
4701 NORTH MERIDIAN CONDO
$3,390,000 $100,000 (-2.87%) 2,020 $1,678 2 / 2 / 1 77

Largest Price Reductions

Address New Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
4701 N Meridian Ave, #303
4701 NORTH MERIDIAN CONDO
$5,495,000 $4,995,000 $500,000 (-9.1%) 2,592 $1,927 2 / 2 / 1 190
4701 N Meridian Avenue, #125
4701 NORTH MERIDIAN CONDO
$4,500,000 $4,200,000 $300,000 (-6.67%) 2,401 $1,749 2 / 2 / 1 182
4701 N Meridian Ave, #510
4701 NORTH MERIDIAN CONDO
$5,495,000 $5,249,900 $245,100 (-4.46%) 3,096 $1,696 3 / 3 / 1 79
4701 N Meridian Ave, #LPH16
4701 NORTH MERIDIAN CONDO
$3,490,000 $3,390,000 $100,000 (-2.87%) 2,020 $1,678 2 / 2 / 1 77

© Douglas Elliman Real Estate. All material presented herein is intended for information purposes only. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings are deemed reliable, but should be verified by your own attorney, architect or zoning expert. The number of bedrooms listed above is not a legal conclusion. Each person should consult with his/her own attorney, architect or zoning expert to make a determination as to the number of rooms in the unit that may be legally used as a bedroom.