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+12 photosWaterfront home — 1081 W 48th Street N01 · 4701 North Meridian Condo · Miami Beach
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Open property magazine$7,999,000
1081 W 48th Street N01, Miami Beach, FL 33140
Miami Beach, FL, 33140
4 bd · 5 ba · 4,168 sqft
Listed by Compass Florida, LLC
1081 W 48th Street N01, Miami Beach, FL 33140
Listed by Compass Florida, LLC
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
0 of 6 homes in your tour
Estimated monthly payment
$60,481/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $60,481/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesThis one-of-a-kind, two-story waterfront villa, designed by Piero Lissoni & Ralph Choeff, combines modern tropical living with The Ritz-Carlton’s exceptional services. The contemporary design includes Georgette Limestone and wood floors, Boffi cabinetry, Gaggenau appliances with a gas range, Ipe hardwood decking, Fantini faucets, and a whole-house gas generator. Situated on Surprise Lake with private dock access to Biscayne Bay, the Intracoastal Waterway, and the Atlantic Ocean, it offers privacy while enjoying world-class amenities and services. Owners also have access to the main condominium building’s amenities and restaurant.
Ask Simon about boat size
Boat length limit: 73 ft est. — verify · Dock: Not provided — Ask Simon
min · est.
Not provided
low tide depth
Enter draft
bridges on the route
Not provided
Run to the ocean
Saved route not provided — Ask Simon
Map © Esri · saved route, planning only
Water depth on the way out
Saved depth segments not provided — Ask Simon
Charted route depths do not confirm private dock depth, current shoaling or safe passage; verify with your captain.
Today’s tide · Eastern time
Current tide prediction not provided — Ask Simon
Route bridges & sources
Bridges on the route
No bridges on this route
Depth sources
NOAA chart (updated weekly)Tides
Tides: NOAA tide predictions, nearest station
Estimate only, not guaranteed. Verify before you buy or sell.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 8%
The seller has come down from $8,699,000 to $7,999,000 — a $700,000 reduction since it came on the market.
197 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Dogs
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Your costs (est.)
≈ $60,481/mo
1081 W 48th Street N01, Miami Beach, FL 33140 · Miami Beach
Location
1081 W 48th Street N01, Miami Beach, FL 33140
Dock & Draft Match™
Dock / slip — ask about dock
Boat length up to ~73 ft · verify
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 1081 W 48th Street N01, Miami Beach, FL 33140?+
Property tax (after sale): $9,707/month est.; homeowners insurance: $0/month est.; HOA: $9,269/month. Fixed ownership costs before a mortgage: $18,976/month est. Principal and interest: $41,505/month; PMI: $0/month. Total for the payment scenario shown: $60,481/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1081 W 48th Street N01, Miami Beach, FL 33140?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1081 W 48th Street N01, Miami Beach, FL 33140 need flood insurance, and what drives the premium?+
Most of Miami Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1081 W 48th Street N01, Miami Beach, FL 33140?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the waterfront at 1081 W 48th Street N01, Miami Beach, FL 33140?+
Waterfront ownership adds seawall maintenance and eventual replacement, dock and lift servicing, higher flood and wind premiums, and salt-air upkeep on exterior finishes and equipment. Confirm bridge height and water depth at low tide if you plan to keep a boat.
Is there room to negotiate on 1081 W 48th Street N01, Miami Beach, FL 33140?+
This listing has been on the market 197 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami Beach. Beachside neighborhoods with local dining, Lincoln Road shopping and connections across the causeways to Miami.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
North Beach Elementary School
Elementary · 0.6 mi from this home · 4100 Prairie Ave, Miami Beach
Miami Beach Nautilus Middle School
Middle school · 0.6 mi from this home · 4301 N Michigan Ave, Miami Beach
Miami Beach Senior High School
High school · 1.7 mi from this home · 2231 Prairie Ave, Miami Beach
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Archdiocese Of Miami Virtual Catholic School
Pre-K & Kindergarten · Private · Catholic · Grades K–12 · Miami Shores
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
$7,999,000 · MLS A12010381
$7,999,000
1081 W 48th Street N01