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$6,250,000

For Sale - Active
4700 N Meridian Ave, Miami Beach, FL 33140
3 Beds
4 Baths
4,185 Square Feet
0.24 Acres Lot
Built in 2021
For Sale - Active
Units n/a
Checked: 17 hours ago
Updated: Jun 11, 2025 at 03:10AM

Investment Summary


Monthly Cash Flow
n/a
Cap Rate
n/a
Cash-on-Cash Return
n/a
Debt Coverage Ratio
n/a
Internal Rate of Return (5 years)
n/a

Property Description


0.24 Acres Lot
Built in 2021
For Sale - Active
Units n/a

Luxurious Ritz-Carlton Residence villa in a coveted Miami Beach neighborhood, blending privacy with resort-style living. The meticulously crafted 4,185 SF home boasts 3 bedrooms, 3.5 bathrooms designed by Pritzker Award winning Architect Piero Lissoni. Sunlight cascades through floor-to-ceiling windows, showcasing stunning views. The primary suite is a serene retreat, and the open layout offers ideal flow for entertaining. Enjoy a stunning chefs kitchen & bathrooms by Boffi , complete with Gaggenau appliances & gas range as well as an AC 2 car garage. Oversized 10,596 SF corner lot—the largest interior villa—featuring outdoor spaces that capture Miami’s indoor-outdoor lifestyle. With private marina access & spa amenities, this isn't just a house—it's where sunshine meets sophistication!

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Location


Property Details


Parking

  • Details: Driveway, On Street
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 4.0

Interior Features

  • # of Stories: 2

Exterior Features

  • Roof Material: Other

HOA

  • Has HOA: Yes
  • HOA Fee: $7,500/monthly

Land Information

  • Land Use: Residential

Lot Information

  • Parcel ID: 0232220330150
  • Lot Size: 10596 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: ContemporaryModern, Detached, TwoStory
  • Year Built: 2021

Tax Information

  • Annual Tax: $89,743

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Location

  • County: Miami Dade

Listing Details


Listed by:
Devin Kay
Douglas Elliman
(301) 602-1172

Source:
MIAMI REALTORS MLS
MLS#: A11806239
MIAMI REALTORS MLS

Investment Summary


Monthly Cash Flow
n/a
Cap Rate
n/a
Cash-on-Cash Return
n/a
Debt Coverage Ratio
n/a
Internal Rate of Return (5 years)
n/a

Purchase Details

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Purchase price:
$6,250,000
Amount financed:
-$5,000,000
Down payment:
$1,250,000
Closing costs:
$187,500
Rehab costs:
$0
Initial cash invested:
$1,437,500
Square feet:
4,185
Cost per square foot:
$1,493
Monthly rent per square foot:
n/a

Financing Details

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Loan amount:
$5,000,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.840%
Principal & interest:
$32,730
Property tax:
$7,479
Insurance:
n/a
Private mortgage insurance (PMI):
$0
Monthly payment:
n/a

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
n/a n/a
Vacancy loss: (6%)
6% n/a n/a
Operating income:
n/a n/a

Operating Expenses


% Rent Monthly Yearly
Property taxes: (n/a)
n/a-$7,479-$89,743
Insurance: (n/a)
n/an/an/a
Property management: (n/a)
n/an/an/a
Repairs & maintenance: (n/a)
n/an/an/a
Capital expenditures: (n/a)
n/an/an/a
HOA fees: (n/a)
n/a-$7,500-$90,000
Total operating expenses: (n/a)
n/an/an/a

Cash Flow


Monthly Yearly
Net operating income:
n/a n/a
Mortgage payments:
-$32,730 -$392,760
Cash flow:
n/a n/a