At 30 units with prices ranging from $4.25M to well above $20M, the Ritz-Carlton Residences South Beach is not designed for a broad buyer pool. The deposit and payment structure makes that explicit.
Buyers commit 20% at contract, with a second 20% at groundbreaking (estimated Q3 2026), 10% at topping off (estimated Q3 2027), and the remaining 50% balance at closing (estimated Q4 2028). The total pre-closing capital outlay reaches 50% before the building delivers.
This structure is consistent with high-conviction pre-construction purchasing, where buyers are willing to commit capital over a multi-year period without interim use of the asset. It also implies a buyer profile that is not financing-dependent — or is working with lenders experienced in pre-construction luxury transactions in Miami.
The project’s oceanfront position on Collins Avenue, its sub-50-unit count, and its Ritz-Carlton affiliation make it a plausible long-hold or primary-use acquisition for international and domestic buyers seeking a Miami Beach address with a defined scarcity profile. Speculation-driven purchasing at this price tier and deposit level is structurally limited.
