Ritz-Carlton Residences in Sunny Isles Beach is unveiling a new $1 million-plus sales gallery, as it begins vertical construction of the 52-story condo tower, The Real Deal has learned.
With more than 3,000 square feet of interior space and a 1,000 square-foot terrace, the new sales gallery, at 15800 Collins Avenue, is across the street from the planned 212-unit tower. It replaces a sales center that was on the oceanfront site of the project before construction began last summer.
The project is designed by Arquitectonica with interiors by Florentine architect Michele Bönan. Bönan’s “trademark is making public area spaces feel like an extension of your home, very comfortable, luxurious with great finishes, but very usable,” Defortuna said. “You don’t feel like you can’t sit on the sofa or everything is perfectly manicured.”
Units at the tower will have Italian cabinetry, stone countertops, wine chiller and cappuccino makers. Amenities will include a restaurant, pool deck, kids club, spa, fitness center and wellness center, as well as a private club level on the 33rd floor, with a lounge, two bars, guest suites, a breakfast and private dining area, business center, media room and library.
Defortuna said presales are now at about 64 percent, including three of five penthouses, with a fourth in negotiations. Buyers hail from more than 20 countries, he said, including Argentina, Mexico, Brazil, the Northeastern U.S., the United Kingdom and Canada. Prices range from $1.9 million to $30 million for penthouses, or an average of about $1,500 per square foot.
“The last few months of the year were slow, but we are in the peak of the season, and the weather really helps,” Defortuna said.