Todd Nepola And Alexia Nepola Acquire Villa At Ritz-Carlton Residences Miami Beach For $5.25M

A three-bedroom villa located at 4700 North Meridian Avenue in Miami Beach has been sold for $5,250,000. The single-family asset spans 4,185 square feet, resulting in a price per square foot of $1,254. The villa, built in 2021, reflects recent market activity in the Miami Beach luxury residential sector.

Summary of transation details:

• Property Type: Single Family
• Transaction Amount: $5,250,000
• Address: 4700 North Meridian Avenue
• Market: Miami Beach
• Square Footage: 4,185
• Price Per Square Foot: $1,254
• Buyer: Todd Nepola & Alexia Nepola
• Seller: Zach Witkoff
• Broker: Devin Kay - Douglas Elliman

devin kay represented zach witkoff in the transaction that involved selling villa which was last traded for just over million indicating a modest price increase market.>