New Construction · South Beach

The Ritz-Carlton Residences South Beach: Prices & Buyer Guide

A buyer's guide to The Ritz-Carlton Residences, Miami Beach in South Beach: current pricing, floor plans, the completion timeline, and what to know before you commit capital.

~$4.2M Starting price
30 Residences
15 Floors
Q4 2028 (est.) Est. completion

The project

The Ritz-Carlton Residences South Beach is a 15-story, 30-residence oceanfront tower at 1671 Collins Avenue, developed by Sobe Sky Development with architecture by Kobi Karp and interiors by Studio Munge. It rises above the merged Sagamore and Ritz-Carlton hotels, giving residents direct access to one of South Beach's most storied blocks.

Thirty residences on the ocean in South Beach is an extreme scarcity profile, and the Ritz-Carlton platform adds five-star services, a private rooftop pool, and more than 50,000 square feet of managed amenities. For buyers who want the beach without the tower, it is one of the most exclusive addresses in the pipeline.

The Ritz-Carlton Residences, Miami Beach, South Beach

Project snapshot

The Ritz-Carlton Residences, Miami Beach at a glance.

The facts below are drawn from this guide and from the developer's published materials. Where a fact is not verified, the page says so plainly rather than guessing.

Location / County
Miami Beach (South Beach), Miami-Dade County
Residence types
1-5 bedroom condos; Penthouses
Status
Pre-Construction
Estimated completion
2027-2028 (est.)
Published pricing
From ~$4.2M
Developer
Sobe Sky Development
Rental restrictions
Contact for current information

Information reviewed October 2026. Prices, availability, and completion dates change frequently. Confirm current terms with the developer or a licensed advisor.

Sources consulted for this guide

Source links open in a new tab and are provided for verification only. Facts carry the verification date recorded above; prices, availability, and timelines change and require sales-gallery confirmation.

Verified facts carry the source links above, each pointing to the original public source where one is available. Everything else on this page is marked Not verified or Contact for current information. This page never hosts or hotlinks external files, renderings, brochures, or floor plans; where a document exists only on the developer's site, the source link above is the reference.

At a glance

The Ritz-Carlton Residences, Miami Beach in South Beach, in numbers.

County

Miami-Dade

City

Miami Beach

Neighborhood

South Beach

Developer

SoBe Sky Development (Lionstone Development, Ben-Josef Group & Flag Luxury Group)

Address

1671 Collins Avenue, Miami Beach

Price range

From ~$4.2M

Starting price

~$4.2M

Residences

30

Floors

15

Sales availability

Sales released; groundbreaking estimated Q3 2026

Est. completion

Q4 2028 (est.)

Residence types

1-5 bedroom residences, Duplex penthouses

Construction status

Pre-Construction

Property category

Condominium

Design & architecture

Architecture by Kobi Karp Architecture & Interior Design; interiors by Studio Munge (Alessandro Munge); culinary program by José Andrés

Official website

Official project site

Gallery

Renderings and interiors.

Developer renderings and interior imagery are updated as phases release. Current documents are shared privately with registered buyers.

A cinematic oceanfront scene
A bright luxury interior

Interior renderings on request

Floor plans on request

Pricing & availability

What The Ritz-Carlton Residences, Miami Beach costs today.

The advertised starting price is the developer's published entry point. Available units, real pricing bands, and incentives change as phases sell, so we confirm current terms with the sales team before you commit capital.

Advertised starting price
~$4.2M
Published price range
From ~$4.2M
Available units / sales status
Sales released; groundbreaking estimated Q3 2026
Price by bedroom configuration
From ~$4.25M; active listings reported ~$4.25M to ~$28.75M
Penthouse pricing
Contact for current information
Deposit schedule
Deposits typically run 20% to 30% staged across contract and construction milestones, held in escrow. With completion estimated for 2027 to 2028, buyers should confirm the current schedule in the purchase agreement.
Developer incentives
Contact for current information

Current pricing sheet for The Ritz-Carlton Residences, Miami Beach.

Price lists, deposit schedules, and any developer incentives are shared privately with registered buyers after the sales team confirms today's numbers.

Request current pricing

Where a number is not published on this page, the row reads Contact for current information rather than guessing. Never treat an advertised starting price as the price of a specific available unit.

Architecture & residences

The building and residences at The Ritz-Carlton Residences, Miami Beach.

The building profile below records what this page verifies about the tower and its residences: floor counts, unit mix, dimensions, finishes, and views. Anything the page does not state is marked Not verified rather than guessed. Layouts, dimensions, and pricing change as phases sell, so current floor plan documents, view matrices, and availability are shared with registered buyers.

Towers / floors
15
Total residences
30
Residence types
1-5 bedroom residences, Duplex penthouses
Square footage
One & Two Bedroom: ~1,197-2,500 sq ft; Three & Four Bedroom: ~2,500-4,000 sq ft; Five Bedroom & Penthouses: Up to 4,491+ sq ft
Ceiling heights
Not verified
Finishes
Not verified
Kitchens
Not verified
Baths
Not verified
Smart-home features
Not verified
Parking & storage
Not verified
Views
Direct oceanfront at 1671 Collins Avenue above Lincoln Road

The floor plans at The Ritz-Carlton Residences, Miami Beach.

Layouts, dimensions, and pricing change as phases sell. We share current floor plan documents, view matrices, and availability with registered buyers.

01

One & Two Bedroom

1-2 bedroom · ~1,197-2,500 sq ft

Ocean-view residences with hotel services.

02

Three & Four Bedroom

3-4 bedroom · ~2,500-4,000 sq ft

Corner residences with direct Atlantic views.

03

Five Bedroom & Penthouses

5 bedroom · Up to 4,491+ sq ft

Crown residences with expanded terraces and beach frontage.

Full floor plan documents, view matrices, and current availability are shared privately with registered buyers.

Request floor plans

Amenities & lifestyle

The amenity program at The Ritz-Carlton Residences, Miami Beach.

The list below records every amenity this page verifies for the project. Where the status of an amenity is not documented on this page, confirm with the sales team whether it is planned or already operating before you rely on it.

Private rooftop pool and terrace with cabanas

Beach services and wellness spaces

Double-height lobby overlooking a sculpture garden

24-hour doorman, concierge, and valet

Entertainment lounge with chef's kitchen

More than 50,000 sq ft of Ritz-Carlton-managed amenities

Construction & completion

Where The Ritz-Carlton Residences, Miami Beach stands today.

Completion dates on new construction are estimates, not promises: they shift with permitting, financing, and the pace of the build. Announced milestones below are the ones this page records; anything unverified is marked plainly, and the current timeline should be confirmed with the developer before you plan around it.

Construction status
Pre-Construction
Estimated completion
Q4 2028 (est.)
Announced milestones
Planned on the historic Sagamore Hotel site; groundbreaking estimated Q3 2026; completion targeted Q4 2028 (winter 2028/2029)

Estimated completion is the developer's target as recorded on this page and is not a verified delivery date. Where the timeline is not verified, current scheduling requires confirmation with the project's sales team.

Location & neighborhood

Where The Ritz-Carlton Residences, Miami Beach sits.

Address, neighborhood position, and nearby attractions below are recorded from this page's own project notes. Drive times, walk scores, and ratings are never invented on this site; where they are not documented here, the community guide is the best next step.

Street address
1671 Collins Avenue, Miami Beach
City
Miami Beach
County
Miami-Dade
Neighborhood
South Beach
Position & nearby
South Beach at the corner of Lincoln Road and the Atlantic
Transport notes
Not stated on this page

Community guide

South Beach

Explore South Beach living, dining, and market context in the full community guide.

Explore the area

Investment analysis

Why The Ritz-Carlton Residences, Miami Beach matters to luxury buyers.

Why buyers are drawn

Thirty residences on the ocean is a scarcity profile that rarely reaches the market, and the Ritz-Carlton service platform is the most established name in luxury hospitality. For buyers who value privacy and service over scale, this is the brief.

Market context

South Beach's oceanfront is essentially built out, so new product on Collins Avenue is rare. The hotel-anchored model gives residents services and rental flexibility that standalone towers cannot match.

Deposit structure

Deposits typically run 20% to 30% staged across contract and construction milestones, held in escrow. With completion estimated for 2027 to 2028, buyers should confirm the current schedule in the purchase agreement.

Appreciation outlook

Oceanfront scarcity and a branded service platform support durable resale value, and 30-unit buildings historically command premiums because supply is fixed. We price every residence against current South Beach evidence.

Ownership considerations

What to know before you commit.

General guidance for new construction buyers. Building-specific details are marked "Not verified" where they have not been confirmed for this project.

Short-term rental policy
Not verified on this page; rental rules are confirmed in the governing documents before you commit
Minimum rental period
Not verified
Leasing / owner-occupancy rules
Not verified; confirm current leasing and occupancy terms with the sales team
HOA / condo fees
Not published on this page; request the current budget before you commit
Financing notes
Not verified on this page; the deposit schedule above records the financing model this page states for the project, and loan terms are confirmed before contract

Closing costs

Florida buyer closing costs typically include title insurance, lender fees, county recording charges, prorated property taxes, and Florida documentary stamp tax on the purchase price. The exact figure for this project is not published on this page, so confirm the current estimate before you sign. Not verified.

Not verified

HOA and condo fees

New developments typically assess monthly HOA or condominium fees covering common areas, amenities, insurance, and building staff, with special assessments possible for capital projects. Monthly fees for this project are not published on this page; request the current budget. Not verified.

Not verified

Deposit process

Pre-construction purchases in Florida commonly require staged deposits across contract, groundbreaking, and closing milestones, held in escrow. The exact schedule for this project should be confirmed in writing with the developer before you commit. Not verified.

Not verified

Flood and wind insurance

Coastal Florida properties carry flood and windstorm insurance requirements that can add meaningfully to monthly carrying costs, and premiums have risen across the state. The current premium profile for this project is not published on this page; confirm with an insurance advisor. Not verified.

Not verified

Buyer questions

The Ritz-Carlton Residences, Miami Beach, answered.

Pricing, deposits, timelines, the developer, and the investment case, answered directly. For the broader picture on South Florida new construction, browse the full FAQ hub.

New Construction South Florida FAQs

What are the starting prices at The Ritz-Carlton Residences South Beach?

Starting prices are roughly $3.8 to $4.25 million, with one-bedrooms from about $4.2 million and listings ranging up to about $28.75 million for the largest residences.

How many residences are in The Ritz-Carlton Residences South Beach?

The 15-story tower holds just 30 residences, from one to five bedrooms, above the merged Sagamore and Ritz-Carlton hotels.

When will The Ritz-Carlton Residences South Beach be completed?

Estimated completion is 2027 to 2028. Delivery dates are developer estimates and shift with construction.

What amenities come with the residences?

Residents get a private rooftop pool and terrace, beach services, wellness spaces, a double-height lobby, 24-hour doorman and concierge, and more than 50,000 square feet of Ritz-Carlton-managed amenities.

What is the deposit structure for pre-construction in Miami?

Miami developers typically structure deposits at 20% to 30% of the purchase price, paid in installments across contract, groundbreaking, topping out, and closing, with funds held in escrow and terms negotiated in the purchase agreement.

Who is developing The Ritz-Carlton Residences, South Beach?

The Ritz-Carlton Residences, South Beach is developed by Sobe Sky Development with Kobi Karp as architect, at 1671 Collins Avenue. With only 30 oceanfront residences, it is one of the most exclusive branded projects on the beach.

What is the entry price at The Ritz-Carlton Residences, South Beach?

Entry pricing starts around $4.2 million for the 30 residences, reflecting the oceanfront position, the Ritz-Carlton service platform, and the extreme scarcity of the offering. Pricing varies by floor and view.

What is the completion timeline?

Estimated delivery is 2027 to 2028, with the project in pre-construction. Buyers should review the deposit schedule and delay provisions carefully, and we coordinate that review with your attorney before you sign.

Can I rent out a residence at The Ritz-Carlton Residences, Miami Beach?

Rental eligibility at The Ritz-Carlton Residences, Miami Beach was not verified at the time of our latest review. New-construction buildings and communities in Florida often restrict short-term rentals or set minimum lease terms, so rental rules are confirmed in the governing documents before you commit. Contact for current information on this project's rental policies.

Pre-construction access

Request pricing & floor plans for The Ritz-Carlton Residences, Miami Beach.

Tell us the floor plans and views you are considering, and we will respond with current availability, pricing, deposit structure, and the contract terms that matter before you commit. Complete discretion, no obligation.

Current availability and pricing across the project

Deposit structure and contract terms, negotiated for you

Honest comparison against the resale market

Request pricing & floor plans: The Ritz-Carlton Residences, Miami Beach

No obligation, complete discretion.

By submitting this form you consent to being contacted by Florida Luxury Real Estate (Realty ONE Group Evolution, d/b/a Kelby Contreras, P.A.) about your inquiry. Your details are kept confidential and are never shared or sold. Where a fact is not yet verified, we will say so and share current information on request.