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1011 W 48th St # 8, Miami Beach FL 33140

House For Sale
$6,600,000

BTC: 103.12500000

ETH: 3,666.66666667

-$3M (2026/05/06)
78 days
Waterfront
4 bds
4 ba
5,154 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Covered / Other
Year Built:
2022
Lot:
No Data
Heating:
Central
Price/sqft:
$1,281
Cooling:
Central Air
HOA:
$9,994

Valuation

Our model vs. what's actually selling nearby.
Estimate
$11,985,000
$7.2M – $21.8M
Confidence Low
List vs. estimate
$5.4M below estimate
List $6,600,000 · -44.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$1,280
+14.2% vs. city median $1,121
Based on
13 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $2.5M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$123,765
2025
HOA
$9,994/mo
View
Bay, Canal
Waterfront
Ocean Access, Seawall
Garage
2 car garage
Furnished
Furnished
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Other

    • Tile

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Other Equipment/Appliances

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Second Floor Entry

    • Built-in Features

    • Closet Cabinetry

    • Other

    • Volume Ceilings

    • Walk-In Closet(s)

    • Den/Library/Office

    • Foyer

    • Game Room

    • Maid/In-Law Quarters

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 4

  • Parking

    • 2 Or More Spaces

    • Covered

    • Other

    Property

    • Levels: 2

    • Exterior Features: Other / Open Balcony

    Other Property Information

    • Parcel Number: 02-32-22-033-0080

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Villa

  • Other financial information

    • HOA: $9,994

    • HOA Frequency: Monthly

    • Annual tax amount: $123,765

  • Source details

    • MLS ID: A11982603

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony / Open Porch / Patio

    • Window Features: Clear Impact Glass / High Impact Windows / Impact Glass / Other Windows

    • Direction Faces: South

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 5154

    • Subdivision Name: 4701 NORTH MERIDIAN CONDO,Ritz Carlton Residen

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: One Sotheby's International Realty