The new Ritz Carlton Residences in Miami Beach is probably the most unique new project in all of South Florida. First, it is taking advantage of a previous structure that was essentially gutted and rebuilt. Any other luxury projects are new, ground-up development. Secondly, the project lies in the heart of an exclusive residential area comprised of single-family houses. Buyers who are interested in this project have nothing else to compare this to. As such, sales so far have been strong, with a reported $30,000,000 combined penthouse selling earlier this quarter (translates into a price of about $2,500/square foot).
The project is located at 4701 Meridian Avenue and will offer 126 residences, including 111 units in a 9-story condo building, 15 single-family townhome villas, and private marina. With 5-star, resort-like services and a modern design, it will be unmatched by anything else in South Florida. Set in a quiet corner of Miami Beach where lake, ocean and waterway meet, Italian architect and designer Piero Lissoni carefully designed protected views through glass exteriors on all four sides.
With 60 unique floor plans, residences range from 1-5 bedrooms and vary in size from 1,700 sq.ft. to more than 10,000 sq.ft. Impressive features include: 12 foot ceilings, custom interiors, private elevator foyers in most residences, custom-designed kitchen cabinetry designed by Boffi, stone countertops, summer kitchens in select residences, plunge pool in select residences, pre-wired for smart home technology and expansive terraces with balconies. Services will include 24-hour concierge, a spa and a restaurant managed by Ritz-Carlton, a private screening room, and a pool deck with waterfalls and cabanas. Boat owners can enjoy its own dockage and 36-slip private marina in their very own backyard.
By: Ben Moss
Estate Agent | ONE Sotheby’s International Realty
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