A condominium is three ownerships stacked on one another. This is how they stack at The Ritz-Carlton Residences, South Beach, and where each one is written down.
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 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 buyer’s counsel’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.
Sobe Sky Development LLC with Flag Luxury Group; sales and marketing by Douglas Elliman Development Marketing. 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 The association is created by the declaration and is owned by the unit owners from turnover; until then the developer controls it.
Three parties, three sets of rights. The purchase agreement binds you to the first; the licence binds the building to the second; the declaration binds you to the third for as long as you own.
A condominium unit is the air and finishes inside the walls; the walls, the structure, the amenities and the land are common elements owned in undivided shares. The share sets your vote and your slice of every budget and every assessment.
For The Ritz-Carlton Residences, South Beach: 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; the denominator of every assessment is that count, weighted as the declaration sets it.
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. A licence has a term, a fee and an exit. The name on the building is not an asset the owners hold; it is a contract the association or the developer holds, and it can end.
You own the unit. You share the building. You rent the name.
Florida law transfers control of the association from the developer to the owners on a schedule tied to sales; at turnover the owners receive the books, the contracts and the reserves as the developer left them. The first owner board inherits the management contract, the brand licence and the budget. Ask what the developer will hand over, and when.
The declaration and bylaws. The purchase agreement. The estimated first budget and the reserve schedule. The management or brand agreement and its term. The rules on leasing, guests and pets. The turnover provisions.
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.
Contact the desk at Miami Dossier for the documents behind every line here, read one to one with you and your buyer’s counsel.
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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. For counsel that means the declaration before the deed. Where a question is legal, tax or structuring, we introduce you to advisers who handle that properly rather than answering it ourselves.
The Miami Dossier team works for the buyer, not the developer. Every agent on Samuel Strauch’s team represents buyers in Miami pre-construction.
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