Flanigan's IndexLive now71 / 100
Nearest Flanigan's: Flanigan's Seafood Bar and Grill (Coconut Grove), 0.4 mi
#26 in Coconut Grove · #69 in Miami
A five-minute stroll to the green booths.
Own Coconut Grove
The Tower
3400 SW 27th Ave · Built 2001 · 22 floors · 126 residences
FHA-approved
For sale
5
1 pending · 6.7 mo supply
Median asking
$1.59M
from $1.15M
Median $/sqft
$1,088/sqft
$1,446/sqft sold, 12 mo
Days on market
73
50 to sell · 9 in 12 mo
Located in the heart of Coconut Grove, The Ritz-Carlton Residences provides a sophisticated living experience with views of Biscayne Bay, Regatta Park, and the surrounding lush greenery. The building is situated in a premier waterfront neighborhood, offering proximity to local parks, dining, and shopping.
Residents have access to a suite of high-end amenities and services, including a heated pool, spa, and a state-of-the-art fitness center. The building provides a 5-star hotel experience with features such as a concierge, valet parking, in-room dining, and a private residents' lounge.
Live near more of Miami
What surrounds The Tower: seasonal events, annual programs and lifestyle indexes, measured from the building.
Flanigan's IndexLive nowPublix IndexLive now
30 / 100
Nearest Publix: Publix at Publix Super Market, 1.3 mi
#27 in Coconut Grove · #670 in Miami
A short drive. Acceptable.
1 Publix stores nearby
Car-Free IndexLive now
36 / 100
Nearest rail station: Coconut Grove Metrorail Station, 0.7 mi
#32 in Coconut Grove · #182 in Miami
A bike or scooter ride to the station.
1 rail stations nearby
Distances are straight-line, not walking or driving.
Getting around
Coconut Grove is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
CocoWalkPeacock ParkKennedy ParkThe BarnacleMetrorail (Coconut Grove)Biscayne Bay
70
/ 100
A−
own.miami Score
A data-grounded score for The Tower from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value43
$1,088/sqft — vs. Coconut Grove condos, then all of Miami
Momentum89
+23.0% $/sqft over 6 months
Liquidity64
6.0 months of supply · 73 days on market
Health100
Verified records on file — nothing adverse
Waterfront55
Not waterfront
Age48
Built 2001 — vs. Coconut Grove buildings
own.miami Condo Index
184Above market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#77 of 698 tracked Miami condos
Top 11% by price per sq ft
#9 of 45 in Coconut Grove
Momentum
↑ Rising
$1,088/sqft median ask
Liquidity
Warm
The stacks
6 lines · modeled from 38 salesCondos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct The Tower’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -05 line.
| Line | Layout | Size | View | $/sqft | Per floor | Low→high floor | Sales |
|---|---|---|---|---|---|---|---|
| -01 | 2 bd · 2.5 ba | 1,530 sqft | BayWaterfront | $1,046/sqft | +$47 | $776/sqft → $1,241/sqft | 5 |
| -02 | 2 bd · 2.5 ba | 2,110 sqft | BayWaterfront | $1,386/sqft | +$21 | $1,232/sqft → $1,551/sqft | 12 |
| -04 | 2 bd · 2.5 ba | 1,666 sqft | BayWaterfront | $1,043/sqft | +$11 | $987/sqft → $1,149/sqft | 5 |
| -05Best value | 2 bd · 2.5 ba | 1,540 sqft | Skyline | $982/sqft | +$4 | $973/sqft → $1,012/sqft | 5 |
| -06 | 2 bd · 2.5 ba | 1,540 sqft | Pool Area View | $1,003/sqft | +$17 | $773/sqft → $1,018/sqft | 6 |
| -07 | 2 bd · 2.5 ba | 1,666 sqft | Bay | $1,028/sqft | $-4 | $1,020/sqft → $968/sqft | 4 |
Modeled from The Tower’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.
What’s a unit here worth?
Pick a line and a floor — we estimate the value from The Tower’s own sales history.
Estimated value
$1,528,000
$1,428,000–$1,627,000 · $992/sqft
High confidence · 5 sales
Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.
Want the inside track on The Tower?
Get new listings here before the portals, and a straight answer from someone who knows the building.
Inventory
$2,150,000$1,360/sqft
2 bd · 2.5 ba · 1,581 sqft
3400 SW 27th Ave #1804
Listing courtesy of Coldwell Banker Realty, Alejandro Diaz Bazan (Lic. #3203667) · MLS #A12106498
$1,595,000$1,036/sqft
2 bd · 2.5 ba · 1,540 sqft
3400 SW 27th Ave #605
Listing courtesy of Mayell Miami, Jennifer Raanan (Lic. #3486671) · MLS #A12097116
$12,900,000$2,614/sqft
3 bd · 3.5 ba · 4,935 sqft
3400 SW 27th Ave #2202
Listing courtesy of Fortune Christie's Intl R.E., Virginia Mansilla (Lic. #3217638) · MLS #A12008666
$1,549,000$1,006/sqft
2 bd · 2.5 ba · 1,540 sqft
3400 SW 27th Ave #805
Listing courtesy of Cervera Real Estate Inc., Glen Janney (Lic. #0682284) · MLS #A12007308
$1,150,000$1,088/sqft
1 bd · 1.5 ba · 1,057 sqft
3400 SW 27th Avenue #303
Listing courtesy of Coastal Prestige Real Estate L, Felix M Granados (Lic. #3099920) · MLS #R11085099
Sold $/sqft trend
3-month rolling median of closed sales in The Tower; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 3400 SW 27th Ave
- Year built
- 2001
- Floors
- 22
- Residences
- 126
- Developer
- The Ritz-Carlton Hotel Company
- Waterfront
- No
Amenities
- · Pool
- · Spa
- · Fitness center
- · Concierge
- · Valet
- · 24-hour security
- · Residents' lounge
- · In-room dining
- · On-site restaurants
Building rules
- Parking
- The building offers a combination of assigned garage spaces and valet parking.
Special assessments & recertification outlook
ElevatedPublic records checked Oct 25, 2026: no liens, lawsuits or regulatory complaints found for the association.
Verified records
- PositiveBank financingOct 31, 2026
Regulated lenders recorded 5 purchase or refinance loans on this building in the last 12 months, financing 42% of its recorded sales, and accepted a down payment as low as 10%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 77/100.
Source: Miami-Dade Clerk official records
- Built 2001 — a recurring structural milestone inspection is due around 2026
Estimated from The Tower’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
Financeability
What the banks say about The Tower: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.
- Mortgages recorded, 12 months
- 5
- 5 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 42%
- 12 recorded sales, 12 months · Resales only
- Average down payment
- 32.8%
- Lowest down payment accepted
- 10%
Loan programmes, 24 months:Conventional 5FHA programme approvals
High confidence · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Coconut Grove
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone X: minimal-risk area on FEMA’s map.
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 11.4 ft
- Lowest nearby street
- 5.2 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 4.2 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 0
- Open DBPR complaints
- 0
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR1U025206 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at The Tower cost?+
There are 5 condos for sale at The Tower, from $1,150,000, with a median asking price of $1,595,000 ($1,088/sqft).
How much are the HOA fees at The Tower?+
HOA / maintenance fees at The Tower run around $2,748 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
When was The Tower built?+
The Tower was built in 2001, 22 stories, 126 residences.
Who developed The Tower?+
The Tower was developed by The Ritz-Carlton Hotel Company.
Stay ahead
Interested in The Tower?
We track every listing here, every day. Get the next one before it hits the portals — and a straight answer from someone who knows the building.
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