This marks our 56th independent review of Miami’s new developments in recent years. Our purpose is straightforward: protecting buyers from costly mistakes. In a market often clouded by hype and sales spin, we don’t sell you a dream—we help you avoid the financial pitfalls that can turn a condo into a bad investment. Each project is analyzed without bias or hidden agenda and measured directly against the rest of the market, giving you clarity instead of sales talk.
Inside the Ritz-Carlton Residences South Beach
The Ritz-Carlton Residences South Beach is a boutique development positioned on the first block of Lincoln Road. Conceived by the families behind The Sagamore, The Ritz, and New York’s Nomad, it blends heritage with contemporary luxury. The property offers just 30 private residences alongside 55 hotel suites, each with its own dedicated entrance to ensure exclusivity and privacy.
This project retains the iconic Art Deco façade of the former Sagamore while fully reconstructing the interiors to modern standards. With 365 feet of direct waterfront frontage, it pairs the historic character of Miami Beach with immediate access to its shops, dining, and nightlife. This is a residence designed for buyers who want to be at the center of it all while enjoying the service and lifestyle synonymous with the Ritz-Carlton brand.
Click here for more renderings, fact sheet and Floor plans of the Ritz Carlton Residences
Floor Plans & Unit Mix
The Ritz-Carlton Residences South Beach is purposefully boutique, offering just 30 private homes. Only five are one-bedroom layouts and seven are two-bedrooms, meaning fewer than one-third of the residences are smaller formats. The majority are spacious three-, four-, and five-bedroom homes tailored for end-users seeking comfort and livability. Each residence includes 10-foot ceilings, open layouts, deep terraces, and corner exposures that maximize light and views.
Our Top 3 Picks
- Two-Bedroom (10A, 2,245 SF) – $4,000/SF
Rare ocean-facing front corner—unusual for 2BR units in comparable projects. - Three-Bedroom Combo (9A+9D, 3,455 SF) – $15.5M
Flow-through design from east to west; living areas upfront, primary suite positioned in the back. - Five-Bedroom (12A, 4,400 SF) – $5,500/SF
The “hero unit” with full east exposure, positioned to compete directly with Miami’s top ultra-luxury offerings.
Finishes & Design
Developed by SOBE Sky Development, with architecture by Kobi Karp and interiors by Studio Munge, The Ritz-Carlton Residences South Beach showcases an exceptional attention to detail. Kitchens are anchored by oversized marble islands and equipped with Gaggenau appliances seamlessly integrated with Sub-Zero systems, combining scale with functionality. Bathrooms feature premium stone such as Covelano Silver Gold Marble, paired with brass fixtures and spa-like wet rooms.
Even the technical details reflect thoughtful design: linear diffuser AC systems, concealed trims, and level 5 wall finishes create a sleek, modern aesthetic. Powder rooms come fully finished—a rarity in new development. Altogether, the finishes feel substantial, luxurious, and meticulously crafted, positioning this project above many competitors in its price range.
Services & Amenities at The Ritz-Carlton Residences South Beach
As a Ritz-Carlton branded property, residents enjoy over 50,000 square feet of five-star amenities along with the hallmark of full-service living. Crucially, the hotel and residential components remain separate, each with its own entrance, preserving privacy for owners.
The Ritz name carries significant weight in the luxury world, but discerning buyers should also weigh how it compares with other hospitality brands, such as Four Seasons, Aman, or St. Regis, when it comes to long-term value and resale performance.
The Ritz Carlton Residences South Beach
Pricing & Market Position
The Ritz-Carlton Residences South Beach average about $4,000 per square foot, with prices ranging from $3,600 to $5,500 per SF. Delivery is still three years out, and the deposit structure follows the Miami norm: roughly 20% at contract and 40–50% at completion. At this level, buyers are investing not just in a residence but in the exclusivity of a boutique project enhanced by Ritz-Carlton service.
In terms of positioning, the Ritz is benchmarked against both top resale “trophy” condos along the beach and new waterfront projects rising in Miami Beach, Surfside, and Bal Harbour. It sits at the higher end of the market but remains aligned with current new-construction asking prices, and in some cases, it’s more competitive. Compared to resales, established branded residences like Setai or Continuum are often trading higher, despite showing their age. Ultimately, the true value here depends on the specific unit and its pricing. Considering a purchase? We can highlight the residences that offer the strongest financial upside.
Location
Lincoln Road is undergoing a major reinvestment cycle. A new 10,000-square-foot Alo Gym, one of the first in the country, is opening, alongside more than $100 million in retail and hospitality upgrades. This influx of capital is fueling a revival designed to restore Lincoln Road’s status as the vibrant centerpiece of Miami Beach.
Trade-Offs to Consider
With only 30 residences, the boutique scale naturally results in higher HOA fees per unit. The project’s long-term investment potential also depends on Lincoln Road’s ongoing transformation. Still, for buyers who prioritize being at the center of the action—with immediate access to dining, shopping, and South Beach nightlife—this location delivers. It’s a fit for those who value walkability, lifestyle, and Ritz-Carlton service over privacy and seclusion.
Conclusions about the Ritz-Carlton Residences South Beach
This is an ultra-exclusive boutique project: just 30 residences, prime waterfront frontage, and the five-star service that defines the Ritz-Carlton brand. Its strongest draws are its location on Lincoln Road, spacious and well-designed floor plans, and premium finishes. That said, there are trade-offs. Pricing between $4,000 and $5,500 per square foot places it head-to-head with Miami’s top resales and new ultra-luxury projects, many of which offer equally strong alternatives. HOA fees will be higher given the low unit count, and much of the investment case rests on Lincoln Road’s continued resurgence.
In short, this project won’t suit everyone. It’s best for buyers who want to live at the heart of South Beach, prize walkability and full-service living, and are willing to pay a premium for exclusivity and brand recognition. For those seeking quieter neighborhoods, larger amenity packages, or stronger value per square foot, other options may compare more favorably.
Thinking About Buying Here?
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