At Ocean Terrace the home comes the way the contract says, not the way the rendering looks. A new Miami tower is sold finished, with the floors, kitchen and bathrooms in; decorator ready, which means you finish the home after closing; or furnished. Before the cutoff date the developer’s option list lets you choose some of it, at the developer’s price, and after it the choice is gone. Here is what can be chosen, when, and what each choice costs later.
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.
Finished means the floors, kitchen, bathrooms, closets and lighting are in when you close, chosen by the developer’s designer. Decorator ready means the kitchen and bathrooms are in and the floors, closets, some lighting and the window treatments are not, so you spend months with a contractor before you sleep there. Furnished means a furniture package by the brand or its designer, sold under a separate bill of sale with an inventory. Each is a different amount of money and a different number of months at Ocean Terrace. What Ocean Terrace promises in writing: The homes are as the dossier records. The homes it applies to: ~52 boutique residences in a 20 story tower · ~24 resort residences, furnished by RAMSA · two duplex penthouses in each tower with private rooftops and lap pools.
The Ocean Terrace dossier holds the developer’s published record. Read it against the Kempinski Residences Miami Design District dossier for the nearest comparison.
The developer of Ocean Terrace opens a selection window tied to the construction schedule: floor colour, cabinet finish, stone, appliance package, sometimes a wine column or a closet system. The window closes floor by floor as the trades climb, and a buyer who contracts late finds half the list decided. Upgrades are priced by the developer and paid when chosen; the contract says whether that money sits in escrow with the deposits or goes to the developer, and whether it comes back if the contract ends. The rendering of Ocean Terrace is not a specification: Florida contracts let the developer substitute materials of equal or better quality, and the finish schedule exhibit is the only promise. Ask which finishes in the model residence are standard and which are upgrades, and where the model sits against the real address: 7400 Ocean Terrace, North Beach · ~350 feet of ocean frontage · ~5 acres of parkland, adjoining Altos del Mar and North Beach Oceanside Park. The designers whose palette you are choosing from: Revuelta Architecture International. The brand standards, where a brand sets them: No brand or operator is recorded for this building.
Two homes at Ocean Terrace can become one if the request comes before the slab is poured and the developer agrees, at a price for the design work and the lost sale. A wall can move inside a home where it is not structural and carries no riser; a kitchen or a bathroom rarely moves, because the drains run through the slab in fixed places. Anything that reaches the building’s systems, the facade, the glass or a shared wall is the association’s, not yours. The developer’s warranty on a new home covers the home as the developer built it; a change made by your own contractor after closing sits outside it and can narrow a claim on what it touched. The spaces outside your door, which no option list reaches: Fifth floor Ocean Terrace with ~75 foot lap pool, therapy pool, garden cabanas, sunrise restaurant and pool bar · lobby, library, tea room, morning garden, indoor outdoor fitness center, spa. Who you are negotiating with: Witkoff · Ocean Terrace Holdings.
A finished home at Ocean Terrace closes and is lived in the same month. A decorator ready home adds a contractor, a permit where the work needs one, the building’s alteration approval, and months before the first night. Upgrades rarely appraise at their price, so a buyer with a loan pays for them in cash at closing. At resale the next buyer at Ocean Terrace pays for your taste only if it is theirs. Ask for the finish schedule as an exhibit, the option list with prices and dates, the substitution clause, what is excluded, and whether upgrade money is refundable. The homes the schedule describes: ~52 boutique residences in a 20 story tower · ~24 resort residences, furnished by RAMSA · two duplex penthouses in each tower with private rooftops and lap pools. The money that comes first: The deposit schedule is held by the desk and read with you before contract.
The trade-off is time against ownership. The developer’s finish is faster, warranted and anonymous; your own is slower, dearer and yours. The desk reads the finish schedule, the option list and the model residence at Ocean Terrace with you before the cutoff.
The rendering is a promise about taste. The finish schedule is a promise about the home.
Developer materials for Ocean Terrace as carried on the live dossier, verified 2026-09-19. Compiled by the desk at Miami Dossier; figures are approximate and the developer’s.
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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.
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