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Ritz Carlton Residences

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Neighborhood: Miami Beach

Est. Completion: 2016

# Units: 111

# Floors: 10

# Parking Levels: 1 (underground)

Est. Maintenance/SQ FT: $1.10

2 Bedroom Price Range: $2,021,000 +

Ross’s Comments – What you Need to Know about Ritz Carlton Residences

This project is a complete redevelopment of the former Miami Heart Institute medical buildings that were sold by Mount Sinai Hospital to the developer in 2012.

Architect, Piero Lissoni, is looking to create simplicity, elegance and a connection between the water, gardens and the indoor space.

The site and buildings face north and northeast overlooking Lake Surprise in Miami Beach’s Nautilus residential subdivision, and as with most north facing space in Miami, many of the units will capture an amazing sense of light and space.

The developer and architect are putting a lot of emphasis and resources into creating an incredible amenity package, in particular a half acre rooftop, infinity pool and spa.

Given the residential and lakefront setting, together with the short proximity to the airport, South Beach, ocean and beach, as well as downtown Miami, make this location ideal for a fantastic Miami lifestyle combined with the service of Ritz Carlton.

The residences will feature custom European kitchens and bathrooms, including stone floors, walls and countertops, solid core oversized doors, Gaggenau appliances and Zucchetti fixtures.

The addition of a day Van Dutch sport yacht for the private use of residents will bring the fun, beauty and enjoyment boating in Miami without the added cost.

Rental Policy - No unit may be leased for a period of less than six (6) months and one (1) day and no more than two (2) times per year. Leases are subject to the written approval of the condo association.

BUILDING QUALITY +

MANAGEMENT +

LOCATION +

RENT FRIENDLY +

ACCESSIBILITY +

FINANCING +

DESIGN & EFFICIENCY +

AMENITIES +

WALKABILITY +

PET FRIENDLY +

PARKING +

SECURITY +

UNIT SIZES  1,700 – 10,000 sq. ft (158 – 929 m²)

UNIT TYPES  1, 2, 3, 4 and 5 bedrooms, plus 15 private villas

# OF UNITS  111

# OF FLOORS  10

# OF PARKING LEVELS 1 (underground)

ARCHITECT  Piero Lissoni and ADD, Inc.

DEVELOPER  Lionheart Capital

PET POLICY  Maximum of two pets per unit, subject to standard restrictions

Tropically Landscaped Half-acre, Roof-top Pool Deck with stunning views of Miami Beach, Downtown Miami and Biscayne Bay

Private VanDutch Day Yacht

36 Private Boat Dockages

Beach Concierge Services at the Thompson Hotel

Two 24-hour Attended Lobbies

24-hour Valet Parking Service

Waterfront Social Room with Bar, Catering Kitchen and State-of-the-art Entertainment System

Expansive Infinity-edge Pool with Waterfall

Spacious Private Poolside Cabanas

Poolside Grille Restaurant

Private BBQ/Dining Area

Meditation Garden

Club Room with Bar, Virtual Golf and Billiards Table

Cinema-style Screening Room

On-site Spa with Steam Room, Sauna and Treatment Suite

State-of-the-art Fitness Center

Indoor & Outdoor Yoga Studios

Boardroom/Library

Art Room

Kids Room

Carwash Facilities

Dog Walk

Pet Grooming Room

Limited Number of Guest Suites Available for Purchase

MIAMI BEACH

Miami Beach started out as a coconut plantation amid a jungle of mangroves when two entrepreneurs Henry and Charles Lum purchased 160 acres of what is now South Beach. In the year 1912, the Lummus brothers founded the Ocean Beach Realty Company in Miami Beach as they planned to build an oceanfront city of modest homes. The following years saw rapid development on Miami Beach with the “longest wagon bridge in the world” – the Collins Bridge (now the Venetian Causeway) being constructed and the opening of various restaurants and casinos on the oceanfront, which included the infamous Joe’s Stone Crab. The first hotel in Miami Beach, the W. J. Brown Hotel, opened its doors to customers in 1914 and with it Miami Beach arrived on the traveling scene in the United States. The stage was set for the story of Miami Beach to begin.

During the 1920′s, Miami Beach flourished as a playground for multi-millionaires like Harvey Firestone, Albert Champion, and J.C. Penny. Hollywood celebrities soon discovered Miami Beach and very quickly it became a resort and entertainment destination to rival Palm Springs and Las Vegas. In the mid-1930′s, bold new architectural forms made their appearance and the Miami Beach building boom exploded during Art Deco’s second phase. Today, Miami Beach retains a rich and uniform appearance with many buildings preserved as excellent examples of Art Deco, Streamline Moderne, Nautical Moderne and Tropical Deco designs. Following the 1930′s and 1940′s, Miami Beach entered a golden era and was considered America’s Riviera.

In the 1996, the city of Miami Beach celebrated one hundred years of existence as an independent, self-sustaining tropical paradise. During its existence, the city has seen two world wars, the elegance and extravagance of the nations golden age – the 1920′s, and the tragedy of the Great Economic Depression. Places such as the Art Deco National Historic District, Espanola Way and Lincoln Road are just a few reminders of its rich and varied heritage. Miami Beach is famous for its wide sandy beaches, warm tropical water, year round sunshine, and non-stop action. Whether you are a Miami native playing in your city’s backyard, a snowbird, or a sun-seeking adventurer, Miami Beach is guaranteed to stimulate you.

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Ritz Carlton Residences 25.823040, -80.131123 4701 Meridian Avenue, Miami Beach, FL, United States (Directions)