The Ritz-Carlton Residences, South Beach

The residences

BrandThe name licensed to this project and carried on the building. A brand is not a company: it holds no title, builds nothing and runs nothing.

The Ritz-Carlton

Brand typeThe business the brand comes from — hotel, fashion, design, automotive, restaurant, club, or a developer’s own name.

Hotel

ResidencesHow many separately titled homes this project sells, counting every kind it sells. Where it sells more than one kind, each is named and its own count given.

30

Residence typesThe kinds of home offered — villas, condos, penthouses, lots — and how they break down. Not how many, and not what interest is sold.

One- to five-bedroom oceanfront condominium residences and two duplex penthouses

What you buyThe interest a buyer takes: whole ownership, a share of one residence, or a right to use it.

Whole ownership

SettingWhether a hotel shares the site, the building is mixed-use, or it is residences only.

Hotel on site

PriceThe published asking range or entry price.

USD from 3.9MreportedOne page gives a range starting at 3.9M and topping out near 125M; another gives 2.0M to 80.0M. The lower entry point of the first is recorded and both readings are on the review sheet.

Sales openedWhen its residences were first released for sale.

No opened page states a sales launch date; the opened listing page presents the project as pre-construction sales.

Handover projectedEvery handover date the project has been given, oldest first.

2027reportedEstimated completion is given as 2027 on the opened listing page. The project's own site publishes no delivery date.

Who is behind it

Behind the brandThe company that runs properties under this project’s brand and sets the standards carried under it. It need not own the name — who owns it is the brand licensor.

Marriott International

Holds title toA party that still holds title to a named part of this scheme — a retained podium, a co-located hotel. Most branded residences have none: the homes belong to the people who bought them.

EBJ Insite Sagamore LLCFreeholdTitleholder of the Sagamore site on the county property record.

DeveloperThe party that promotes the project and carries it through to delivery. May also hold title to part of it — being one does not make it the other.

Lionstone Development · Flag Luxury Group · Ben-Josef GroupreportedJoint venture.

ArchitectThe practice or individual who designed the building.

Kobi Karp

Interior designThe practice or individual who designed the interiors.

Studio Munge

Brand licenseeThe party the brand name was licensed to for this project. A contract for a name — it carries no title and no duty to run the property.

Sobe Sky Development, LLCNamed in the project's own legal disclaimer as the party using the Ritz-Carlton brand under licence.

Sources