Announced

Ritz-Carlton Residences, South Beach

The Ritz-Carlton Residences, South Beach is an ultra-luxury oceanfront condominium at 1671 Collins Avenue in Miami Beach, rising behind the historic Sagamore Hotel at the eastern end of Lincoln Road in the heart of South Beach.

Official Website
~2029
Completion
55
Keys
30
Units
15
Floors
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Details

1671 Collins Avenue, Miami Beach. 15 floors, 30 residences and 55 hotel keys. Targeting 2029. Financed with $61.2M.

The story so far
Announced 2025 est.Correcting overstated status — still pre-construction: only a $61.2M predevelopment loan secured (Sept 2025) and groundbreaking is estimated Q3 2026; has not yet broken ground
miamicondoinvestments.com
Sales launched Feb 2025Sales launched Feb 2025 (1671 Collins/Sagamore site), 30 residences; South Beach
prweb.com
City and State approve $12M Lincoln Road deal Aug 2025Miami Beach commission unanimously approved a Lincoln Road and Beachwalk revitalization agreement with Sobe Sky and the State of Florida, moving the project into design and permitting
hotelnewsresource.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 2029 est.
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
TMW IntelligenceVerified Oct 18, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
TMW Intelligence

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About the project

The Ritz-Carlton Residences, South Beach is an ultra-luxury oceanfront condominium at 1671 Collins Avenue in Miami Beach, rising behind the historic Sagamore Hotel at the eastern end of Lincoln Road in the heart of South Beach. Developed by Sobe Sky Development, a partnership of Flag Luxury Group, Ben-Josef Group and Lionstone Development, with architecture by Kobi Karp, interiors by Alessandro Munge of Studio Munge and landscape design by Naturalficial, the boutique 15-story tower offers just 30 custom beach house residences, including two duplex penthouses with private rooftop pools, framed by floor-to-ceiling windows, 10-foot ceilings and wraparound terraces. The project restores the Sagamore and reimagines it as an intimate 55-room Ritz-Carlton hotel, replacing the property's detached five-story cabana building with the new residential tower and pool deck. More than 50,000 square feet of amenities include a lap pool with cabanas, a screening room, a Technogym fitness center and dining curated with Michelin-starred chef José Andrés.

Companies and contacts

Every firm on Ritz-Carlton Residences, South Beach, the office nearest it, and the people who work on it.

Common questions

Frequently asked

Where is Ritz-Carlton Residences, South Beach located?

Ritz-Carlton Residences, South Beach is located in Miami Beach.

When will Ritz-Carlton Residences, South Beach be built?

Ritz-Carlton Residences, South Beach is an announced development that has not yet started construction, targeting completion in 2029 (a TMW estimate).

Who is developing Ritz-Carlton Residences, South Beach?

Lionstone Development & More is the developer behind Ritz-Carlton Residences, South Beach.

Who designed Ritz-Carlton Residences, South Beach?

Ritz-Carlton Residences, South Beach was designed by Kobi Karp.

How big is Ritz-Carlton Residences, South Beach?

Ritz-Carlton Residences, South Beach rises 15 stories with 30 residences and 55 hotel keys.