Announced

Ritz-Carlton Residences, South Beach

Name: Ritz-Carlton Residences, South Beach
Address: Miami Beach

Miami Beach · Mixed-Use

The Ritz-Carlton Residences, South Beach is an ultra-luxury oceanfront condominium in Miami Beach, tied to the Sagamore and Ritz-Carlton hospitality at the heart of South Beach near Lincoln Road.

Official Website

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Last verified Jul 23, 2026

17 months to delivery

AnnouncedBreaking GroundConstructionOpening SoonNow Open

2027

Completion

Keys

Units

Floors

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The story so far

Announced Jan 8, 2025

oftmw.com

Sales launched Feb 2025Sales launched Feb 2025 (1671 Collins/Sagamore site), 30 residences; South Beach

prweb.com

Financing secured Sep 26, 2025$61.2M predevelopment loan secured from BHI (Bank Hapoalim US division).

floridayimby.com

Expected groundbreaking 2026 est.

Expected opening 2027

Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.

About the project

The Ritz-Carlton Residences, South Beach is an ultra-luxury oceanfront condominium in Miami Beach, tied to the Sagamore and Ritz-Carlton hospitality at the heart of South Beach near Lincoln Road. Developed by Sobe Sky Development — a partnership of Flag Luxury Group, Ben-Josef Group and Lionstone Development — with architecture by Kobi Karp and interiors by Studio Munge, the boutique tower offers 30 custom 'beach house' residences, including two duplex penthouses with private rooftop pools. More than 50,000 square feet of amenities and dining curated with Michelin-starred chef José Andrés frame a rarefied beachfront lifestyle in one of the world's most recognized resort destinations.

Developer & design

Developers

Lionstone Development Flag Luxury Group Ben-Josef Group

Architect

Piero Lissoni

The Miami Beach market 77 · Saturated supplySouth Beach 18-project pipeline · 2,521 residences and keys · peak Late ’27 Explore the market →

Location