Project Snapshot
Under Construction1671 Collins Avenue, Miami Beach, FL 33139
Branded residences above a hotel
30 residences
15 stories
from ~$4.2M
Expected around April 2027; estimated closing Q4 2028
Lionstone Development, Flag Luxury Group, and Ben-Josef Group
Every claim on this page links to a dated public source, verified October 2026.
This site has no live MLS feed. To confirm availability at Ritz-Carlton Residences South Beach with Kelby, use the current listings page at /listings/, the booking calendar, or a direct call.
All of Miami BeachThe project in brief
Ritz-Carlton Residences South Beach at a glance.
Ritz-Carlton Residences South Beach is a 15-story residential tower cantilevered above the redeveloped Sagamore Hotel, now the Ritz-Carlton, South Beach, at 1671 Collins Avenue. The project is a joint venture of Lionstone Development, Flag Luxury Group, and Ben-Josef Group, with 30 one- to five-bedroom residences from about $4.2 million. Completion is expected around April 2027, with estimated closings in Q4 2028.
Status vocabulary: Unverified, Under Construction, Completed, Pre-Construction, Sold Out, Sales Released. Prices are reported by the linked sources on the dates shown and change often; nothing here is a guarantee of price, value, or completion date.
Identity
Thirty residences above the Ritz-Carlton, South Beach
Ritz-Carlton Residences South Beach is developed by a joint venture of Lionstone Development, Flag Luxury Group, and Ben-Josef Group, with Douglas Elliman on sales. The 15-story residential tower cantilevers above the redeveloped Sagamore Hotel, which becomes the Ritz-Carlton, South Beach, at 1671 Collins Avenue. Sixteen stories of residences sit above the hotel, marketed as beach houses in the sky.
Pricing & availability
From about $4.2 million, penthouses reported up to about $125 million
Reported asking prices, 2024 through 2026
Published pricing starts around $4.2 million to $4.3 million and runs to about $28.75 million for residences, with the two penthouses reported marketed up to $125 million. These are dated asking figures, not guarantees. The current price list and availability are confirmed directly with Kelby.
Architecture & design
One to five bedrooms, most with direct-entry private elevators
The 30 residences are one- to five-bedroom layouts, most with direct-entry private elevators, including two duplex penthouses with private rooftop terraces. The tower's position above the hotel gives every home a dedicated arrival through the Ritz-Carlton's private double-height lobby.
Amenities
50,000-plus square feet of Ritz-Carlton-managed amenities
- 24-hour doorman and concierge
- Lap pool with semi-private cabanas
- Entertainment lounge and screening room
- Technogym fitness center
- Sculpture garden and the chef José Andrés restaurant
- Spa and oceanfront beach club
- 24-hour valet parking at an attended porte-cochere
Construction & timeline
Completion expected April 2027, estimated closings Q4 2028
Under Construction · Expected around April 2027; estimated closing Q4 2028
The developers secured a $61.2 million predevelopment loan in September 2025. Completion is expected around April 2027 per Bloomberg and Robb Report, with estimated closings in Q4 2028. The official deposit schedule is reported as 20% at contract, 20% at groundbreaking (about Q3 2026), 10% at topping off (about Q3 2027), and 50% at closing (about Q4 2028).
Location & access
Mid-South Beach on Collins Avenue
1671 Collins Avenue sits on the north end of the South Beach hotel district, a short walk from the ocean and Lincoln Road. South Beach's restaurants, clubs, and shopping are around it, and Miami International Airport is roughly 20 minutes by car.
Ownership & rules
Hotel-branded residences with fees to confirm
Ritz-Carlton Residences South Beach is a branded residential project with services managed by Ritz-Carlton. The current condo fee schedule, rental program terms, and pet policy read Contact for current information and are confirmed with the developer's sales team or with Kelby.
Buying through Kelby
Representation at the tower, from reservation to closing
Kelby represents buyers at Ritz-Carlton Residences South Beach from the first tour through closing, and buyer-agent commission is typically settled at closing rather than paid by you up front. The current price list, deposit schedule, and availability are confirmed directly with Kelby, and because this site has no live MLS feed, real-time inventory is never read from a portal.
Project FAQs
Straight answers about Ritz-Carlton Residences South Beach.
Is Ritz-Carlton Residences South Beach still selling?
Yes, the tower is under construction with pricing from about $4.2 million and completion expected around April 2027. Current availability is confirmed directly with Kelby.
Where are the residences?
At 1671 Collins Avenue in Miami Beach, in a 15-story tower above the redeveloped Sagamore Hotel, now the Ritz-Carlton, South Beach.
How many residences are there?
Thirty, in one- to five-bedroom layouts, most with direct-entry private elevators, plus two duplex penthouses with rooftop terraces.
What services come with ownership?
Ritz-Carlton-managed amenities include 24-hour doorman and concierge, valet parking, a lap pool, fitness center, spa, and oceanfront beach club.
What is the reported deposit schedule?
Reported as 20% at contract, 20% at groundbreaking, 10% at topping off, and 50% at closing. Confirm the current schedule with Kelby.
Can Kelby represent me here?
Yes. Kelby represents buyers from the first tour through closing, with buyer-agent commission typically settled at closing. Current pricing and availability are always confirmed directly with Kelby.
Explore around Ritz-Carlton Residences South Beach
The market context for this project.
Provenance
Information reviewed October 2026.
Every claim on this page is drawn from public research and linked to its dated source below. Figures such as asking prices, HOA fees, and completion dates change; where a field could not be verified it reads “Contact for current information” or “Not verified”, and the answer is one call away. Nothing on this page is a guarantee of price, availability, or completion date.
- Source
Ritz-Carlton South Beach official site
Project overview and deposit schedule
- Source
Robb Report, penthouse coverage
February 2024: penthouse pricing
- Source
The Real Deal, $61M loan
September 2025: financing
- Source
Florida YIMBY, predevelopment loan
September 2025: loan and timeline
Each source above verified October 2026
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