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Waterfront · Condominium
$7,575,000$1,975 / sqft
4701 N Meridian Ave # 627, Miami Beach FL 33140
Listed
3
Bedrooms
4
Bathrooms
3,835 sqft
Interior
2019
Year built
$8,264 / mo
HOA
Condominium
Type
About this home
Elevated waterfront living at The Ritz-Carlton Residences, Miami Beach. Piero Lissoni's acclaimed seven-acre enclave on Surprise Lake. Residence 627 is a light-filled 3-bedroom + den, 3.5-bath home with an expansive open floor plan, floor-to-ceiling glass, 10-foot ceilings, and a private wraparound terrace that invites seamless indoor-outdoor living. The chef's kitchen features custom Boffi cabinetry, honed stone countertops, and fully integrated Gaggenau appliances, flowing effortlessly into the dining and great room. The serene primary suite offers a spa-inspired bath with dual vanities, deep soaking tub, frameless glass rain shower, and generous walk-in closets. Two additional en-suite bedrooms, each with its own designer bath, plus a versatile den, ideal as a home office, media room, or guest suite, complete the thoughtfully designed layout. A dedicated laundry room and elegant powder bath round out the home. Ownership delivers an unmatched five-star lifestyle: 36 private boat slips, resort-style pool with cabanas, full-service spa, state-of-the-art fitness center, residents-only dining room and wine cellar, 24-hour concierge, valet, security, and a dedicated on-site art curator. Set within lushly landscaped grounds moments from the beach, Bal Harbour Shops, Sunset Harbour, Lincoln Road, and Miami's premier dining and cultural destinations. A rare opportunity to own in one of Miami Beach's most coveted addresses.
Features
- Built-in Features
- Closet Cabinetry
- Entrance Foyer
- Walk-In Closet(s)
- Den/Library/Office
- East Of Us1
- Open Balcony
- Canal
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals in Miami Beach, from 103 active listings; the middle half ask $9,000–$38,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.