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1081 W 48th St Unit N01, Miami Beach, FL, 33140

4beds
5baths
4,168sqft
$7,999,000
$1,919price/sqft
$60,681/moest. monthly cost
$2,427,240/yrincome needed

About This Home

This 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.

Getting Around

47
WalkingCar-Dependent
38
TransitSome Transit
43
BikeSomewhat Bikeable

Schools

10/10
5/10
Nautilus Middle SchoolGrades 6-80.7 mi
4/10

Construction

Condition

  • Year built: 2022

Materials

  • Construction materials: Concrete Block Construction,CBS Construction

Other

  • Builder model: A - Villa

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Gas Water Heater,Ice Maker,Microwave,Gas Range,Refrigerator,Oven,Washer
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Built-in Features,Closet Cabinetry,Kitchen Island,Entrance Foyer,Split Bedroom,Walk-In Closet(s)
  • Door features: High Impact Doors
  • Window features: Clear Impact Glass,Complete Impact Glass,Blinds,Impact Glass,Sliding
  • Flooring: Other,Wood
  • Common walls with other units/homes: Corner Unit

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 4,168
  • Total interior livable area: 4,168 sqft

Property

Details

  • Parcel number: 0232220330010
  • Other equipment: Whole House Permanent Generator

Features

  • Levels: Two
  • Entry location: First Floor Entry,Foyer
  • Pool features: Association
  • Exterior features: Balcony
  • Spa features: Community
  • Fencing: Fenced
  • Has view: Yes
  • View description: Bay,Canal,Lake
  • Has water view: Yes
  • Water view: Bay,Canal,Lake
  • On waterfront: Yes
  • Waterfront features: Canal Width 81-120 Feet

Lot

  • Features: East Of Us1

Parking

  • Total spaces: 2
  • Parking features: 2 Or More Spaces,Assigned,Valet
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $40,447$485,364
Home Insurance *$7,047$84,564
Property Taxes $12,768$153,216
Electricity $419$5,033
Total$60,681$728,172
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,080,491/yr
40% on housing$1,820,430/yr
45% on housing$1,618,160/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,919This listing

vs Other Active Listings

Avg $/sqft

ZIP 33140$10,406
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33140$1,337
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-01Listed for rent$54,500
2026-04-02Listing removed$8,799,000
2025-10-16Listed for sale$8,799,000
2022-12-23Sold$5,800,000

For Sale by Agent

AgentPhilip Freedman
BrokerageCompass Florida, LLC

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