WaterfrontLake Front, Lake Privileges, Ocean Access
ViewLake, Water
MLS #A11707114
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, Other, 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
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$62.4K
Per Month
Principal & Interest
$52.3K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$9,994
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$31.5K
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
North Beach Elementary School
4100 Prairie Ave
Distance between this listing and this school0.70 miles
Public District Grades PK-5
7
/10
Treasure Island Elementary School
7540 E Treasure Dr
Distance between this listing and this school1.77 miles
Public District Grades PK-5
6
/10
Biscayne Elementary School
800 77th St
Distance between this listing and this school2.61 miles
Public District Grades PK-5
Nearby Schools
6
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school0.64 miles
Public District Grades 6-8
7
/10
Mater Academy Miami Beach
8625 Byron Ave
Distance between this listing and this school3.34 miles
Public Charter Grades KG-8
2
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school4.58 miles
Public District Grades 6-8
Nearby Schools
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school1.69 miles
Public District Grades 9-12
10
/10
Design & Architecture Senior High School
4001 NE 2nd Ave
Distance between this listing and this school3.65 miles
Public Magnet Grades 9-12
7
/10
Itech@Thomas a Edison Educational Center
6101 NW 2nd Ave
Distance between this listing and this school4.17 miles
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 majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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 $10,495,000.
What type of property is this?
The property 1011 W 48th St is a house located in The Ritz Carlton Miami Beach, 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.
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.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1011 W 48th St in The Ritz Carlton Miami Beach, 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 December 10, 2024 and is currently priced at $10,495,000.
In November 2024, from all listings sold in Miami Beach, FL there were more than 2 sold above asking price, over 65 sold below and more than 6 were sold right at the asked price. The number of homes for sale in Miami Beach, FL increased by 14.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $617,500, while the average time on the real estate market was 97 days.
From Rocket Homes Real Estate and based on county public records data.