Miami Condo Market and Lifestyle Updates
Hospital Revitalized into Ritz Carlton Hotel Is Already Half Sold

Hospital Revitalized into Ritz Carlton Hotel Is Already Half Sold

by Sep Niakan | February 05, 2015

A former hospital is now a Ritz Carlton, and they have already sold out half of their units.

The Ritz Carlton Residences Miami Beach is a unique condo building, because it used to be the Miami Heart Institute, but has since been changed drastically into what it is now.

Since spring 2014 when sales were launched, about 50% of the upscale condo units were sold. Condo prices range from $2 million for regular condos to $40 million for penthouses. The units themselves are between two and five bedrooms, ranging from 1,700 square-feet to 11,000 square-feet. There are 111 units with 15 “stand alone villas,” which creates a variety of layouts for potential buyers all in the same place.

Piero Lissoni and ADD Inc. are in charge of the remodeling and renovation of the hospital.

 

Source: curbed.com

Photo credit: Home curbed.com

Recent posts

Real Estate News

Experts Speak: Making the Best of Dens and Tiny Rooms in Miami Condos and Beyond

by Sep Niakan | October 01, 2017

When searching for a condo in Miami these days, you’re most likely to encounter units that come “plus den”. Brickell Flatiron features plus den units, so does Paraiso Bay, SLS Lux Brickell, Hyde Midtown, Aria on the Bay and many...

Opinions and Advice

Hurricane Irma: Assessing the damage on Miami’s real estate

by Sep Niakan | October 01, 2017

It’s great to see you on the other side of Irma! The worst is over and it’s time to take stock of her effects on Miami. Surprisingly, barring the expected power outages, downed trees, some flooding and a couple of cranes falling, Miami...

Lifestyle

Miami Scares Up Some Amazing October Events

by Sep Niakan | September 26, 2017

If you can’t wait until Halloween, Miami has plenty of occasions to party all October long. Octobers in Miami mean a lot more than candy and haunted houses. Here’s a reason to celebrate fall every weekend in Miami.   Miami Spice...

Real Estate News

Where to Find the Lowest Property Taxes in Miami?

by Sep Niakan | September 24, 2017

Most people don’t particularly love talking about property taxes. When looking for a home, buyers focus on more enjoyable aspects, like the layout, color scheme, size of the backyard, or the kitchen upgrades. Still, buyers have to pay...