Miami Dossierby Metrik WhatsApp the Desk
Trusted Market Intelligence™

Milestone inspections and structural reserves at Banyan Tree Residences: what Florida now requires of a new building

After Surfside, Florida rewrote the rules for every condominium of three storeys or more. A new building like Banyan Tree Residences starts under them. Here is what that means at contract.

This page is a framework. Whether the building suits you is a separate conversation. Contact the desk at Miami Dossier for the current position on any building we cover.

The Regime

Three requirements.

A milestone structural inspection by an engineer when a building reaches a set age, earlier near the coast. A structural integrity reserve study on a schedule. Reserves for structural items that may not be waived. The regime binds the association, which means it binds the budget every owner pays into.

Banyan Tree Residences: 88 private residences plus a penthouse collection: one- to four-bedroom corner residences with wraparound terraces, 10-foot ceilings, floor-to-ceiling impact glass, direct elevator entry in most; Yabu Pushelberg kitchens with Sub-Zero and Wolf; primary baths with rain shower and sculptural freestanding tubs.. OMA (architecture); Yabu Pushelberg (interiors); Enea Landscape Architecture.

Read it against the Kempinski Residences Miami Design District dossier for the nearest comparison.

What A New Building Owes You

Documents at contract.

The estimated first budget showing structural reserves as a funded line. The schedule for the first reserve study. The developer’s structural warranty terms. The engineer of record and the inspection the building passed at completion.

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Why It Matters For Price

Reserves are cost, and safety.

A building that funds reserves from year one has a higher monthly line and a lower chance of an assessment. A buyer comparing two buildings on monthly cost alone will prefer the underfunded one; a buyer reading the reserve line will not.

The Desk Question

One sentence.

Show me the structural reserve line and the date of the first study. The desk has the budget.

The cheapest monthly cost is sometimes the most expensive building.

Sources

What this note rests on.

Developer materials for Banyan Tree Residences as carried on the live dossier, verified September 2026. Compiled by the desk at Miami Dossier; figures are approximate and the developer’s.

The Shift

What the desk holds on Banyan Tree Residences

Contact the desk at Miami Dossier for the documents behind this note, read one to one with you and your advisers.

The plans by line, and which lines are left. The developer’s current release, not the brochure’s.
The deposit schedule. Proportions, trigger dates, and where the money sits.
What the sales gallery will not volunteer. The view lines that close, the floors that trade first, the association budget.
Where we would not proceed. Sometimes the answer is a different building. Sometimes it is not yet.

WhatsApp the desk · 305.588.4547·[email protected]

Common Questions

What the buyer’s counsel asks

Does Banyan Tree Residences fall under Florida’s milestone inspection law?
Yes for any condominium of three storeys or more; the first inspection comes at a set building age, earlier near the coast.Read the full answer
Are structural reserves funded at Banyan Tree Residences?
The estimated first budget shows whether and how much; the law no longer allows waiving them.Read the full answer
What warranty does the developer give on structure?
Florida provides statutory warranties on a new condominium; the contract states the terms and periods.Read the full answer
Who is the developer of Banyan Tree Residences?
400 Hibiscus Acquisitions, LLC; presented as Mast Capital and Curated JCZM Development.
Where is Banyan Tree Residences?
400 Hibiscus Street, West Palm Beach, FL 33401; downtown, moments from the Intracoastal Waterway, near Worth Avenue, CityPlace and Royal Poinciana Plaza.
How many residences does Banyan Tree Residences have?
88 private residences plus a penthouse collection: one- to four-bedroom corner residences with wraparound terraces, 10-foot ceilings, floor-to-ceiling impact glass, direct elevator entry in most; Yabu Pushelberg kitchens with Sub-Zero and Wolf; primary baths with rain shower and sculptural freestanding tubs.
Who designed Banyan Tree Residences?
OMA (architecture); Yabu Pushelberg (interiors); Enea Landscape Architecture.
Who runs Banyan Tree Residences once it opens?
Banyan Tree (Banyan Group); owners join The Sanctuary Club with priority access and preferred rates across more than 100 Banyan Group properties in more than 20 countries; a dedicated 24-hour host and service team trained in Banyan Tree hospitality.
What amenities does Banyan Tree Residences have?
A full floor of wellness and spa: reflection and meditation garden, treatment rooms, rainforest showers, hammam, steam, sauna, soaking baths, cold plunge, cryotherapy, meditation dome, ice fountain; signature pool and cabanas; juice bar; garden bar and lounge; open-air cinema; golf simulator; speakeasy; rooftop amenity deck; children’s discovery garden; pet retreat; putting green.
What is the entry price at Banyan Tree Residences?
The developer’s current pricing is held by the desk; current pricing and availability are discussed one to one.
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Before You Act On Any Of This

Before you act on any of this

We hold no listings and we are not the developer. Contact the desk at Miami Dossier and we will tell you what applies to your situation, what does not, and where we would not proceed. On this topic that means the document before the opinion. Where a question is legal, tax or structuring, we introduce you to advisers who handle that properly rather than answering it ourselves.

WhatsApp the desk · 305.588.4547·[email protected]

Who answers this page

Metrik Real Estate is a Miami real estate company built around one idea: the buyer gets their own team. Miami Dossier is its private buyer advisory for new construction.

A person replies within 24 hours, usually much sooner. On weekends, back on Monday morning.

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