The Hottest New Developments Hitting the South Florida Market in 2019
From Miami to Palm Beach, here are 18 luxury buildings launching sales
Miami and the rest of the South Florida market has a rich mix of new luxury residential developments set to launch sales this year, along with several long-anticipated high-end projects that have been in the works for years and will finally be wrapping up construction in 2019 and opening their doors to new homeowners.
Palm Beach County looks to be particularly active, said Jay Phillip Parker, CEO of Douglas Elliman’s Florida Brokerage.
“We’re seeing a new wave of opportunity there, a rebirth—West Palm Beach, Palm Beach, Boca Raton, Delray,” he said.
Fort Lauderdale, which is just to the south of Palm Beach in Broward County, is also quite active in the luxury condo sector, he said. “Seeing a complete recategorization of itself”—it’s no longer just a spring break or vacation market.
Below are some new developments making news, starting the first quarter of 2019 and running right through the end of the fourth quarter, when the ultra-luxe Turnberry Ocean Club on Sunny Isles Beach is expected to open its doors.
The Ritz-Carlton Residences, Miami Beach
Curved along the banks of a large ocean inlet in the private side of Mid-Beach, The Ritz-Carlton Residences, Miami Beach, is the first full-scale residential architectural project designed by Italian architect Piero Lissoni.
Set on a 7.5-acre property and developed by Lionheart Capital, The Residences have 111 one- to six-bedroom condominiums and 15 stand-alone villas scheduled for completion in in the first quarter. The homes range in size from 2,000 square feet to more than 10,000 square feet, with prices from $2 million to over $40 million. They will have protected panoramic views of the water and lush gardens in addition to both the Miami and the Miami Beach skylines.
Owners will have full access to The Residences’ hotel-style amenities, which include a residential art studio, a $2.5 million lobby with a $500,000 staircase, marine helipad, exclusive medical concierge partnership with The Agatston Center for Private Medicine, 36 private boat dockages and private on-site captained day yacht, half-acre rooftop pool deck with private cabanas, pet grooming facilities, open air yoga studio, cinema-style screening room, and a meditation garden.
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