Published by Peter Zalewski
12/28/2023 
4:07:36 PM Project Description:
Renowned leaders in South Florida luxury real estate development, Chateau Group and Fortune International Group, have joined forces to bring The Ritz-Carlton Residences to Sunny Isles Beach.
Spanning 2.2 acres, the 52 story tower is located directly on 250 feet of pristine beachfront. Upon completion in 2018, The Ritz-Carlton Hotel Co. will manage the property, providing residents with the legendary service, quality and personal touch synonymous with The Ritz-Carlton® brand.
Located in the heart of magnificent Sunny Isles Beach, The Residences stand between prestigious Bal Harbor Shops and the fabulous Aventura Mall, as well as near to both Miami and Fort Lauderdale International Airports. The unprecedented luxury and superb design and architecture are complemented by a location that puts you close to all of the excitement, culture and beauty of South Florida.
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CraneSpotters Preconstruction Condo Project Overview |
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| Condo Description | Details |
| PROJECT NAME | The Ritz-Carlton Residences Sunny Isles Beach |
| ADDRESS | 15701 Collins Avenue Sunny Isles Beach, FL 33160 |
| COUNTY | Miami-Dade |
| WATERFRONT PROJECT | Yes |
| TYPE OF WATERFRONT? | Ocean |
| NUMBER OF TOWERS | 1 |
| TOTAL FLOORS (BY ELEVATOR) | 52 |
| TOTAL RESIDENTIAL UNITS | 212 |
| BED RANGE | 2 TO 5 |
| RANGE OF SQUARE FEET | 1,605 to 10,410 |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 1 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 2 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 3 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 4 BED – XX – X,XXX SF |
| MINIMUM PRICE PER UNIT | 3 Million |
| MONTHLY MAINTENANCE FEE PER UNIT | |
| MONTHLY MAINTENANCE FEE PER SQUARE FOOT | $ 1,70 |
| TURNKEY READY | No |
| PROPERTY AMENITIES | Beach Service, Restaurant, concierge,2 pools, spa, fitness center, oceanfront wellness center, Ritz Carlton managed. |
| WATER VIEWS | Yes |
| PETS PERMITTED | Yes |
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| RENTAL TIMES PER YEAR | 2 |
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| PROJECT STATUS | Complete |
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| YEAR COMPLETED | 2020 |
| DEVELOPER | Fortune International Group & Chateau Group |
| COUNTRY OF DEVELOPER | United States and Argentina |
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| ARCHITECTURAL FIRM | Arquitectonica |
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Condo Market Inventory Tracker
A Snapshot Of Tricounty South Florida Region Of Miami-Dade, Broward And Palm Beach
| Databases | Active Listings | Months Of Supply |
|---|---|---|
| Condos | 24,016 | 10.2 |
| Luxury Condos | 3,740 | 15.1 |
| Shortsales | 30 | 15.0 |
| REOs | 126 | 6.6 |
| Rentals | 21,476 | 3.9 |
Peter Zalewski is a licensed real estate broker and consultant focused on the South Florida condo market. Zalewski is a former special contributor to the Miami Herald and a former real estate columnist for The Real Deal magazine. Zalewski now hosts the Miami Real Estate Investing Podcast that is available in audio and video wherever you get your podcasts.
Confused about whether it is the appropriate time to buy or sell a condo in South Florida? The experts at CVR Realty are here to assist you in crafting a strategy during this uncertain time. Unlike many brokers offering services, our organization has been through the cycles and can assist you to capitalize on the situation.
For a free consultation, please contact the South Florida Condo Experts
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