Rules
What The Ritz-Carlton Residences, The Tower Residences allows
- Short-term / Airbnb
- Not allowed
Rules change: I confirm the current bylaws and application requirements before you write an offer or sign a lease.
3400 SW 27th Ave · Miami, FL 33133 · Coconut Grove
The Ritz-Carlton Residences, The Tower Residences
22-story tower, completed 2001, 126 residences in Coconut Grove. 5 for sale and 3 for rent on Nov 2, 2026.
At a glance The Ritz-Carlton Residences, The Tower Residences (3400 SW 27th Ave, Coconut Grove) is a 22-story, 126-unit building completed in 2001. As of Nov 2, 2026, 5 units are for sale and 3 are for rent; the median closed price was $1,445 per square foot over 9 sales in the last 12 months. FEMA flood zone X. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.
6 photos from my condo archive
- For sale
- 5
- For rent
- 3
- Median $/SF
- $1,4459 sales · 12 mo
- Sold
- 9last 12 months
- Built
- 2001
- Floors
- 22
- Residences
- 126county
- Flood zone
- XFEMA
- Owner-occupied
- 57%
- Avg. unit
- 1,786sq ft
MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made
On the market at The Ritz-Carlton Residences, The Tower Residences.
The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.
Snapshot as of Nov 2, 2026.
For sale 5 listings · Nov 2, 2026
Unit 2202$12,900,000$2,614/SF3 bd · 3.5 ba · 4,935 sf185 days listed · $9,225/mo HOA · listed by Fortune Christie's Intl R.E.Full listing →
Unit 1804$2,150,000$1,360/SF2 bd · 2.5 ba · 1,581 sf2 days listed · $2,888/mo HOA · listed by Coldwell Banker RealtyFull listing →
Unit 605$1,595,000$1,036/SF2 bd · 2.5 ba · 1,540 sf27 days listed · $2,748/mo HOA · listed by Mayell MiamiFull listing →
Unit 805$1,549,000$1,006/SF2 bd · 2.5 ba · 1,540 sf73 days listed · $2,748/mo HOA · listed by Cervera Real Estate Inc.Full listing →
Unit 303$1,150,000$1,088/SF1 bd · 1.5 ba · 1,057 sf540 days listed · $1,871/mo HOA · listed by Coastal Prestige Real Estate LFull listing →For rent 3 listings · Nov 2, 2026
Unit 2202$49,000/mo$9.93/SF3 bd · 3.5 ba · 4,935 sf146 days listed · listed by Fortune Christie's Intl R.E.Full listing →
Unit 1003$40,000/mo$26.14/SF2 bd · 2.5 ba · 1,530 sf50 days listed · listed by Compass Florida, LLCFull listing →
Unit 201$14,000/mo$9.15/SF2 bd · 2.5 ba · 1,530 sf134 days listed · listed by One Sotheby's International RealtyFull listing →Under contract 2
- Unit 1505$1,650,000 · 2 bd
- Unit 1506$12,000/mo · 2 bd
Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33133
The Ritz-Carlton Residences, The Tower Residences, floor by floor.
Every unit the MLS has recorded here, placed by its unit number: floors up, lines across, each column as wide as the units in it. Amber is for sale today (a unit listed both for sale and for rent is amber). Hover or tap a unit to read its record.
- For sale 5
- Under contract 2
- For rent 2
- Sold or leased, last 12 months 18
- Seen in the MLS before that 47
- No MLS record seen 73
Tap a unit to read its record here. Amber and white units open their listing page.
Units seen74of 126 residences on record
Floors with units19floors 2 to 22
Lines7stacks of units, by number
Closed $/SF by height sales in the 24 months to Nov 2, 2026
Closed $/SF figures use the 16 recorded sales of these units in the 24 months to Nov 2, 2026; a median needs three. Floor, line and size are the record's. Views and orientation are not in it and are not shown.
Line 02 closed highest per square foot: a median $1,445/SF over 9 sales in 24 months. The largest typical unit is line 02, a median 2,110 sf over 15 units seen, recorded with 2 bedrooms.
The lines what the MLS record holds for each stack of units
| Line | Units seen | Typical size | Beds | On the market | Closed $/SF · 24 mo |
|---|---|---|---|---|---|
| Line 01 | 10 | 1,530 sf | 2 | 1 | 1 sale, too few |
| Line 02 | 15 | 2,110 sf | 2 | 1 | $1,445 9 sales |
| Line 03 | 9 | 1,530 sf | 2 | 2 | – |
| Line 04 | 11 | 1,666 sf | 2 | 1 | 2 sales, too few |
| Line 05 | 12 | 1,540 sf | 2 | 3 | – |
| Line 06 | 11 | 1,540 sf | 2 | 1 | 2 sales, too few |
| Line 07 | 6 | 1,666 sf | 2 | – | 2 sales, too few |
How this is drawn: a unit's floor and line come from its MLS unit number alone (5614 is floor 56, line 14). A cell exists only where the MLS has recorded a listing, a closing or a lease; a blank means no record was seen, not that no unit exists. Column widths follow each line's median recorded living area. Pre-construction towers and buildings with a thin record have no drawing.
Floor and line from the MLS unit number; a blank cell means no record was seen. How these numbers are made
The read on The Ritz-Carlton Residences, The Tower Residences.
- Resale +170%. The median closed price moved from $536/SF in 2020 (5 sales) to $1,445/SF in 2026 (9 sales), the first and last years with three or more recorded sales.
- Gross rental yield 5.4%. A year of rent at the median $6.49/SF/mo (15 leases) against the median $1,445/SF sale (9 sales), both over 12 months, before HOA, taxes and vacancy.
- Asks run -25% against closings. Sellers ask a median $1,088/SF (5 listings) against $1,445/SF closed (9 sales, 12 months). Asks are priced close to what actually closes here.
- Sells in a median 50 days. Days on market across the 9 sales closed in the last 12 months.
Where it ranks citywide, condo buildings in 17 Miami neighborhoods
- #2 of 345 · biggest $/sf change since 2021+157.3% median $/SF since 2021 ($513 to $1,319) · n 37 · Calendar 2021 vs Oct 2025 to Sep 2026
- #94 of 584 · highest sales turnover11.9% of units sold in 24 months · n 15 · Oct 2024 to Sep 2026
Read the full record 4 paragraphs and 11 facts, every figure from the MLS and county record
Completed in 2001, The Ritz-Carlton Residences, The Tower Residences stands 22 stories at 3400 SW 27th Ave in Coconut Grove. The Miami-Dade Property Appraiser lists 126 residential units, averaging 1,786 SF of living area.
On November 2, 2026, five units were listed for sale, asking $1.1M to $13M (median ask $1,088/SF across 5 listings). One more was under contract. Nine sales closed between November 2, 2025 and November 2, 2026, from $1.7M to $3.5M, a median $1,445/SF, after a median 50 days on the market. In the 12 months before that, seven sales closed at a median $1,125/SF, so the median rose 28%. The MLS holds 78 closed sales here going back to 2019; among years with three or more sales, 2026 set the high at a median $1,445/SF. That 12-month median ranks 9th of the 24 Coconut Grove buildings with at least three sales in the same window. Two-bedrooms made up 14 of the 16 sales in the last 24 months, at a median $2,225,000.
Three units were offered for rent at $14,000 to $49,000 a month. 15 leases were signed over the same 12 months, at a median $10,000 a month (range $6,200 to $15,500).
About 57% of the residences are owner-occupied according to county records. Association rules on file: no short-term rentals.
Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records and my condo archive. Blanks mean the record doesn't state it; nothing here is estimated.
The record
- Address
- 3400 SW 27th Ave, Miami 33133
- Neighborhood
- Coconut Grove
- Front desk / mgmt
- (305) 644-4680
- Year built
- 2001
- Floors
- 22
- Residences (county-verified)
- 126
- Owner-occupied
- 57% of residences
- Avg. unit size
- 1,786 sq ft
- Total living area
- 225,053 sq ft
- County condo folios
- 126
- Recorded MLS listings
- 135
The numbers at The Ritz-Carlton Residences, The Tower Residences.
Every sale and lease the MLS has recorded at this address, sales first.
Median $/SF by year closed
Every recorded sale at this address, 2019 to 2026. Count in the tooltip.
Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.
Year by year, every recorded closing
| Year | Sales | Median $/SF | Leases | Median rent |
|---|---|---|---|---|
| 2026 (to date) | 9 | $1,445 | 13 | $9,750/mo |
| 2025 | 7 | $1,125 | 19 | $9,000/mo |
| 2024 | 9 | $968 | 16 | $8,700/mo |
| 2023 | 12 | $982 | 16 | $9,000/mo |
| 2022 | 9 | $723 | 14 | $9,900/mo |
| 2021 | 26 | $513 | 15 | $7,250/mo |
| 2020 | 5 | $536 | 14 | $5,600/mo |
| 2019 | 1 | $699* | 2 | $5,175/mo* |
* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.
Closed $/SF by unit size
Median $/SF of the sales in the 12 months to Nov 2, 2026, with the count beside each bar.
Medians need three or more sales. How these numbers are made
Own here? See how the building moved since you bought.
Median closed $/SF in 2020: $536 (5 sales). In the last 12 months: $1,445 (9 sales). Change: +170%.
This is the building's movement, not your unit's value. Floor, view, line and condition move a unit's price more than the building does. Only years with three or more recorded sales are listed.
Get your unit's value →Show all closings 78 sales · 109 leases on record since 2019
Closed sales Nov 2, 2024 to Nov 2, 2026 · 16
| Unit | BD | BA | SF | Asked | Closed | $/SF | Close date | DOM |
|---|---|---|---|---|---|---|---|---|
| 902 | 2 | 2.5 | 2,110 | $3,495,000 | $3,274,550 | $1,552 | Oct 20, 2026 | 24 |
| 802 | 2 | 2.5 | 2,110 | $3,450,000 | $3,050,000 | $1,445 | Sep 25, 2026 | 21 |
| 2102 | 3 | 2.5 | 2,114 | $3,800,000 | $3,500,000 | $1,656 | Aug 10, 2026 | 136 |
| 207 | 2 | 2.5 | 1,560 | $1,729,000 | $1,690,000 | $1,083 | Aug 10, 2026 | 15 |
| 602 | 2 | 2.5 | 2,110 | $3,495,000 | $3,100,000 | $1,469 | Jul 24, 2026 | 136 |
| 1706 | 2 | 2.5 | 1,581 | $1,750,000 | $1,690,000 | $1,069 | Jun 12, 2026 | 75 |
| 1902 | 2 | 2.5 | 2,114 | $2,950,000 | $2,788,000 | $1,319 | May 14, 2026 | 66 |
| 906 | 2 | 2.5 | 1,540 | $1,800,000 | $1,675,000 | $1,088 | May 4, 2026 | 50 |
| 1601 | 2 | 2.5 | 1,530 | $2,550,000 | $2,250,000 | $1,471 | Apr 23, 2026 | 27 |
| 302 | 1 | 1.5 | 1,060 | $823,990 | $823,990 | $777 | Oct 31, 2025 | 165 |
| 1107 | 2 | 2.5 | 1,666 | $1,949,000 | $1,775,000 | $1,065 | Oct 23, 2025 | 170 |
| 1102 | 2 | 2.5 | 2,110 | $3,270,000 | $2,850,000 | $1,351 | Oct 1, 2025 | 79 |
| 704 | 2 | 2.5 | 1,666 | $1,945,000 | $1,875,000 | $1,125 | Sep 25, 2025 | 191 |
| 602 | 2 | 2.5 | 2,110 | $2,500,000 | $2,200,000 | $1,043 | Jul 2, 2025 | 14 |
| 1602 | 2 | 2.5 | 2,114 | $3,495,000 | $3,200,000 | $1,514 | Apr 15, 2025 | 38 |
| 304 | 2 | 2.5 | 1,530 | $1,900,000 | $1,750,000 | $1,144 | Jan 30, 2025 | 126 |
Leases signed Nov 2, 2025 to Nov 2, 2026 · 15
| Unit | BD | BA | SF | Asked/mo | Leased/mo | $/SF/mo | Lease date | DOM |
|---|---|---|---|---|---|---|---|---|
| 806 | 2 | 2.5 | 1,540 | $8,500/mo | $8,500/mo | $5.52 | Oct 31, 2026 | 45 |
| 1607 | 2 | 2.5 | 1,666 | $9,000/mo | $9,000/mo | $5.40 | Oct 5, 2026 | 13 |
| 605 | 2 | 2.5 | 1,540 | $10,000/mo | $10,000/mo | $6.49 | Aug 1, 2026 | 49 |
| 1206 | 2 | 2.5 | 1,540 | $9,500/mo | $9,500/mo | $6.17 | Jul 14, 2026 | 5 |
| 206 | 1 | 1.5 | 1,084 | $5,890/mo | $6,200/mo | $5.72 | Jul 1, 2026 | 18 |
| 1003 | 2 | 2.5 | 1,530 | $12,000/mo | $12,000/mo | $7.84 | Jun 25, 2026 | 414 |
| 1505 | 2 | 2 | 1,540 | $9,750/mo | $9,750/mo | $6.33 | Jun 15, 2026 | 57 |
| 1105 | 2 | 2.5 | 1,540 | $9,000/mo | $10,000/mo | $6.49 | Jun 5, 2026 | 14 |
| 1604 | 2 | 2.5 | 1,666 | $10,500/mo | $9,500/mo | $5.70 | Jun 1, 2026 | 37 |
| 1805 | 2 | 2.5 | 2,114 | $16,000/mo | $15,500/mo | $7.33 | Jun 1, 2026 | 53 |
| 1904 | 2 | 2.5 | 1,581 | $9,000/mo | $9,000/mo | $5.69 | May 1, 2026 | 81 |
| 1502 | 3 | 2.5 | 2,114 | $15,000/mo | $15,000/mo | $7.10 | Apr 1, 2026 | 6 |
| 201 | 2 | 2.5 | 1,530 | $14,000/mo | $13,780/mo | $9.01 | Mar 6, 2026 | 312 |
| 1505 | 2 | 2 | 1,540 | $10,000/mo | $12,000/mo | $7.79 | Dec 17, 2025 | 7 |
| 1506 | 2 | 2.5 | 1,540 | $12,000/mo | $10,000/mo | $6.49 | Nov 15, 2025 | 41 |
Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made
The file on The Ritz-Carlton Residences, The Tower Residences.
The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.
FEMA flood zone
X
Outside FEMA's Special Flood Hazard Area. Flood insurance is optional, and still worth pricing.
What the zone means
- Minimal flood hazard on FEMA's current map.
- The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.
FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗
Milestone structural inspection
Due 2031
Due by statute by December 31, 2031, 30 years after 2001, then every 10 years.
What the deadline means
- Miami-Dade sets 25 years for condo buildings within three miles of the coastline, which would be December 31, 2026.
- Based on year built 2001 (county record). The statute counts from the certificate of occupancy date, which can differ.
- The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.
Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers
Nearby
Around The Ritz-Carlton Residences, The Tower Residences
5 more nearby
One Park Grove100 m away · Built 2020 · 23 floors1 for sale · 0 for lease- Grove at Grand Bay North130 m away · Built 2016 · 22 floors1 for sale · 1 for lease
- Park Grove Club Residences130 m away · Built 2018 · 23 floors5 for sale · 0 for lease
- Two Park Grove150 m away · Built 2018 · 23 floors2 for sale · 2 for lease
- Grove Towers190 m away · Built 1982 · 22 floors1 for sale · 0 for lease
Smaller buildings close by: Tigers Paw (250 m) · Townscape (270 m) · Misty Grove (310 m) · Portofino (370 m) · Coconut Villas (400 m) · Tiger's Trapp (550 m)
Compare with the two nearest →Every Coconut Grove building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.
Own here, or looking here
Your next move at The Ritz-Carlton Residences, The Tower Residences starts here.
Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Licensed Florida Real Estate Agent · Carmona Realty Group