The form of title is chosen once, at contract, and it decides a dozen things for as long as you own. At Ocean Terrace, here are the choices and what each one touches.
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.
Personal ownership: simplest, eligible for homestead, public record. A revocable trust: estate planning and privacy, usually still eligible for homestead, requires the trust to exist before contract. A company, domestic or foreign: liability separation and, for non-residents, estate-tax planning; not eligible for homestead; lenders treat it differently; rent and sale are taxed differently.
Ocean Terrace: ~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.
Homestead and the 3 percent cap. Who appears in the public record. How the home passes at death. Whether a lender will lend, and on what terms. How rental income is taxed. What is withheld at sale for a foreign owner.
Ocean Terrace: No brand or operator is recorded for this building.
A trust or company that will take title must exist before the purchase agreement names it, or the contract must allow assignment to it later, which developers do not always permit. Ask the desk which the contract allows before deciding.
Which form of title fits my situation, and does this contract allow it? The first half is counsel’s; the second the desk answers from the contract.
Title is the one decision you cannot regenerate. Make it first.
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.
Contact the desk at Miami Dossier for the documents behind this note, read one to one with you and your advisers.
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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.
Miami Dossier is the private buyer advisory of Metrik Real Estate, built to represent buyers in Miami pre-construction. Principal: Samuel Strauch.
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