Branded residences in Miami Beach rarely come in small packages. Most developments in this segment target scale — 100, 200, or more units — to justify construction costs and land prices. The Ritz-Carlton Residences South Beach takes the opposite approach: 30 boutique oceanfront homes at 1671 Collins Avenue, the site of the historic Sagamore Hotel.

That constraint is deliberate. At 30 units, the building sits closer to a private residence club than a conventional condominium. Inventory is not replenished. Resale dynamics in buildings this size tend to reflect scarcity more directly than comparable larger towers.

In Miami Beach’s luxury market, which has absorbed significant new supply across mid-size and large-format projects over the past five years, sub-50-unit oceanfront buildings with a global flag attached represent a narrow category. The Ritz-Carlton Residences South Beach occupies that category almost alone at this price point and location.

For buyers and advisors tracking Miami Beach luxury real estate, the scale of this project is itself the signal.