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Florida Real Estate Wire - Real Estate News > Luxury Real Estate > The Ritz-Carlton, South Beach Launches Ultra-Luxury Residences on “Billionaire’s Beach”

Luxury Real Estate

The Ritz-Carlton, South Beach Launches Ultra-Luxury Residences on “Billionaire’s Beach”

August 4, 2025
Oceanfront luxury residences at The Ritz-Carlton, South Beach.
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Miami, FL – July 10, 2025 – Sales have officially launched for The Ritz-Carlton, South Beach Residences, offering 30 ultra-luxury "beach houses in the sky" on the exclusive "Billionaire’s Beach." Developed by Sobe Sky Development and Flag Luxury Group, the 15-story tower, set to open in 2027, promises unparalleled amenities and legendary service.

Bespoke Beachfront Living Unveiled

The Ritz-Carlton, South Beach Residences presents a collection of 30 exclusive homes in the sky, situated on Miami’s prestigious "Billionaire’s Beach." This development by Sobe Sky Development and Flag Luxury Group, with sales spearheaded by the EKLUND | GOMES Team at Douglas Elliman Florida, aims to redefine luxury coastal living.

Key Takeaways

  • Location: Prime beachfront property on "Billionaire’s Beach" in South Beach.
  • Development: Spearheaded by Sobe Sky Development and Flag Luxury Group.
  • Sales: Led by the EKLUND | GOMES Team at Douglas Elliman Florida.
  • Completion: Scheduled for 2027.
  • Design: Architecture by KOBI KARP, interiors by Studio Munge.
  • Pricing: Starts at $4.25 million, with penthouses reaching up to $125 million.

World-Class Amenities and Design

The 15-story tower boasts stunning ocean and city views, complemented by wraparound terraces and private rooftop pools. Residents will have exclusive access to The Ritz-Carlton South Beach and its amenities, including Michelin-starred dining by José Andrés. The project features over 50,000 square feet of bespoke amenities, ensuring a life of comfort and convenience.

A Vision for Lincoln Road Redevelopment

This residential project is an integral part of a broader initiative to revitalize Lincoln Road. The redevelopment plan includes the creation of a new Art Walk, a pedestrian pathway designed to connect the Lincoln Road area to the heart of Miami Beach, a new public beach park, and a significant gateway monument. This monument will feature the "Lapidus Arch," a nod to Morris Lapidus’s original, unfulfilled vision of extending Lincoln Road from the bay to the ocean.

Residence Offerings

The residences at The Ritz-Carlton Residences, South Beach range from one to five bedrooms. Pricing for these exclusive homes begins at $4.25 million, with select penthouse offerings potentially commanding prices as high as $125 million, reflecting the unparalleled luxury and prime location.

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