Miami Dossierby Metrik WhatsApp the Desk
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A buyer’s guide to deposits, delivery, carrying costs and resale at The Ritz-Carlton Residences, South Beach

Four questions come up in every first conversation about The Ritz-Carlton Residences, South Beach. Here they are in order, with what the record says and what the record does not.

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.

Who This Is For

Written for the first-time Miami buyer.

The Ritz-Carlton Residences, South Beach is at 1671 Collins Avenue, Miami Beach, oceanfront in South Beach proper, adjacent to the Lincoln Road corridor. Read it against the Kempinski Residences Miami Design District dossier for the nearest comparison. This page is the first-time Miami buyer’s reading of it, as a framework to verify, never as a finding.

The record, in the developer’s words: Development: Sobe Sky Development LLC with Flag Luxury Group; sales and marketing by Douglas Elliman Development Marketing. Architecture: Kobi Karp Architecture and Interior Design. Interiors: Studio Munge, design director Alessandro Munge; landscape by Naturalficial. Brand: The Ritz-Carlton name under licence to Sobe Sky Development LLC; not owned, developed or sold by The Ritz-Carlton Hotel Company; direct access to the Sagamore, the all suite addition to The Ritz-Carlton, South Beach; owner benefits at more than 700 Marriott International luxury hotels, subject to availability.

Compare as you read: Alba Palm Beach and Banyan Tree Residences answer the same questions differently, and the desk holds the documents for all three.

Deposits

How the money moves before the building exists.

The developer’s deposit schedule for The Ritz-Carlton Residences, South Beach is a contract exhibit held by the desk and read with you before signing; it is not published. Florida law requires deposits to sit in escrow, and lets a developer use amounts above ten percent for construction with the right disclosures; the question is which account, which conditions, and what the contract says if delivery is late.

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Delivery

The date, and what the date is made of.

30 residences over 15 storeys, one to five bedrooms, including two duplex penthouses with private rooftop terraces, pools and kitchens; sales launched February 2025; delivery planned 2027. A delivery date in a brochure is an estimate; the outside date is in the purchase agreement, and the difference between the two is where buyers get surprised. Ask for the outside date, the milestone the developer has reached today, and the penalty if the outside date passes.

Carrying Costs

What owning costs after closing.

More than 50,000 square feet: a private double height lobby, 24 hour doorman, concierge and valet, a Level 7 amenity floor with a private lap pool and four semi private cabanas, a Technogym fitness centre, a residents’ beach club with cabana service; restaurant and beach club programming by Jose Andres; à la carte in residence dining, personal chef, trainer, spa, childcare and pet care. Every amenity has a line in the first budget: staffing, insurance, reserves, and any brand or management fee. The Ritz-Carlton name under licence to Sobe Sky Development LLC; not owned, developed or sold by The Ritz-Carlton Hotel Company; direct access to the Sagamore, the all suite addition to The Ritz-Carlton, South Beach; owner benefits at more than 700 Marriott International luxury hotels, subject to availability Ask for the estimated first budget by line and for the reserve schedule; the law now watches the reserves.

Resale

Who buys second, and when.

Private elevator with direct entry in most residences; wrap around terraces with glass railings; ten foot ceilings; floor to ceiling windows with Miami-Dade NOA rated systems; Gaggenau appliances; Bianco Rhino marble kitchens; Covelano Silver Gold marble primary baths. The second buyer is the same kind of person as the first, arriving three to five years later into a building where every neighbour closed at once. The lines that hold value are the ones the first buyers fought over. Ask which lines went first in the current release.

Four questions, one sitting, one desk.

Sources

What this note rests on.

Developer materials for The Ritz-Carlton Residences, South Beach 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 The Ritz-Carlton Residences, South Beach

Contact the desk at Miami Dossier for the documents behind every line here, read one to one with you and your first-time Miami buyer.

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 first-time Miami buyer asks

What is the deposits, delivery, costs, resale for?
A framework of what to verify and where the answers sit, for one reader in the buyer’s circle; never a finding.
Is this a finding about The Ritz-Carlton Residences, South Beach?
No. It is a diligence framework: the questions to ask and where the answers sit. The developer’s documents and your own advisers give the answers.
Which buildings compare with The Ritz-Carlton Residences, South Beach on these questions?
Alba Palm Beach, Banyan Tree Residences answer the same questions in their own documents; the desk compares them one to one.
Where do the answers sit for The Ritz-Carlton Residences, South Beach?
In the purchase agreement, the offering documents, the association budget and the developer’s published materials; the desk reads them with buyers before contract.
Is this legal, tax or insurance advice?
No. Where a question is legal, tax or structuring, we introduce you to advisers who handle that properly rather than answering it ourselves.
Can the desk walk this file for The Ritz-Carlton Residences, South Beach with my adviser?
Yes, one to one, with the documents on the table.
Who is the developer of The Ritz-Carlton Residences, South Beach?
Sobe Sky Development LLC with Flag Luxury Group; sales and marketing by Douglas Elliman Development Marketing.
Where is The Ritz-Carlton Residences, South Beach?
1671 Collins Avenue, Miami Beach, oceanfront in South Beach proper, adjacent to the Lincoln Road corridor.
How many residences does The Ritz-Carlton Residences, South Beach have?
30 residences over 15 storeys, one to five bedrooms, including two duplex penthouses with private rooftop terraces, pools and kitchens; sales launched February 2025; delivery planned 2027.
Who designed The Ritz-Carlton Residences, South Beach?
Kobi Karp Architecture and Interior Design.
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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. For a first conversation that means the four questions before the rendering. 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

Miami Dossier is the private buyer advisory of Metrik Real Estate, built to represent buyers in Miami pre-construction. Principal: Samuel Strauch.

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

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