For the buyer about to leave a reservation deposit at a new Brickell tower, who wants to know what that money commits them to and what to ask while they still can.
This page explains. Whether the building suits you is a separate conversation. Contact the desk at Miami Dossier for the current position on any building we cover.
Ask seven things before the reservation deposit leaves your account. Is the reservation refundable, and where is the money held? What has the developer filed with the state? Who owns the brand, and can the licence end? Which lines are left, by floor? What is the delivery date, and the outside date in the contract? What is the full deposit schedule? And what will the first-year budget cost? In Brickell, the three towers on our file answer these differently.
A reservation is usually not the purchase. It holds a home while the developer prepares the purchase agreement, and many reservation agreements are refundable until that contract is signed. The binding moment for a new condominium comes with the purchase agreement, and even then Florida gives you 15 days to cancel after signing or after receiving the required documents, whichever is later.
So ask for the reservation agreement in writing and read three lines: is the deposit refundable, until when, and who holds it? Ask two more questions at this stage. If you decide not to sign the purchase agreement, how many days does the developer take to return the reservation money, and to which account? And does the reservation fix the price of the home, or only hold the line while the price may still move? Both answers belong in writing, signed by the developer's sales team.
Our page on when a Miami pre-construction reservation becomes binding explains the sequence, and the notes on reservations at Nobu, Cipriani and ORA apply it to each tower.
Before a developer may sign contracts for a new condominium in Florida, it files the offering with the state. ORA by Casa Tua's offering is in a CPS-12 application file numbered CP24-0079, per the material on our file. Ask each developer for the filing number and the date of the documents you will receive, so you know you are reading the current set.
The filing also tells you who the developer is. ORA's developer is 1210 Brickell Owner LLC, using Fortune International Group trademarks under licence. Cipriani's is Mast Capital. 619 Brickell by Nobu is developed by 13th Floor Investments and Key International. The name on the purchase agreement and the escrow receipts should match.
All three towers carry a brand they do not own. Nobu is under licence to the developer. Cipriani runs the resident dining, concierge and staff training. Casa Tua is the licensed brand and named hospitality operator at ORA, and the fact sheet states the project is not owned, developed or sold by the brand and that the licence may be terminated or revoked.
That is not unusual. It is a reason to ask, before reserving, what happens to the services and the name if the licence ends, and who pays the brand's fees. Our note on ORA's brand licensing terms and the page on what the branded residence premium buys set out the questions.
Selection is the question that cannot wait. Cipriani Residences Miami is more than 80 percent sold, per the material on our file, so the choice is narrower than the brochure suggests; its published entry is From $1,859,900 for a one-bedroom plus den. ORA's floors divide around Bosco, its sky park about 500 feet up: residences on floors 12 to 42 sit below it and 45 to 74 above, with Sky Suites on 74 and the Penthouse Collection on 75, From $952,900. 619 Brickell by Nobu has about 300 homes from about 1,160 square feet, From $2,950,000.
Ask for the current availability by line, with the floor, the exposure and the price. Our page on how to read a Miami floor plan shows what to look for.
Cipriani has a date: topped off in July 2026, delivery summer 2027. Nobu and ORA have no completion date in the material we hold. Ask for the construction schedule and read the outside completion date in the purchase agreement, which is the date that matters if the building is late. Read delivery timelines and how they slip.
Then the deposits. ORA's buyer deposit schedule is held by the desk and not published. Cipriani's terms are not in the filed materials we hold. Ask for the full schedule in writing: each percentage, each trigger date, and the escrow agent. Our page on the pre-construction deposit schedule explained shows how to read one.
Finally, the first-year budget. ORA's homes are furnished, the towers carry large amenity programs, and each of those is a monthly line. Ask for the estimated budget per home.
Take the written answers, not the spoken ones. Remember the sales team works for the developer; read do you need your own broker. Ask whether the contract can be assigned before closing; read can you assign a pre-construction contract. And prepare before the visit: what to do before you visit a sales gallery and questions to ask a sales team.
The Brickell zone page, the Nobu dossier and the Brickell luxury pre-construction comparison place the three towers side by side. A family buying more than one home should read how a family office buys several Miami condos. The desk holds the current availability and deposit schedules for all three and reads the reservation agreement with you before any money moves.
Contact the desk at Miami Dossier for the current plans, pricing and availability as the developer releases them, discussed one to one.
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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. 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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