September 28, 2016
Even though construction financing has become more and more difficult to obtain due to the large number of projects underway and the market slowdown, the developers of Ritz-Carlton Residences Sunny Isles Beach successfully closed on a construction loan worth 163.11 million dollars, bringing the ultra-luxury developments total mortagage to 212 million dollars. Construction on the stunning beachfront tower began in June, and building completion is expected by the end of 2018. Condo prices at the lavish project start at 2.5 million dollars.
Ritz-Carlton Sunny Isles Beach will be comprised of 212 luxury condos, with 2- to 4-bedroom floor plans. The spectacular condominiums will feature 10-foot+ ceilings, private elevators and gourmet kitchens. Floor-to-ceiling glass and oversized terraces will showcase panoramic views of the Atlantic Ocean, Intracoastal Waterway and city.
Amenities at Ritz-Carlton Residences Sunny Isles Beach include a beachfront restaurant, beach service, a state-of-the-art fitness center and a spa. An East pool deck will feature a main pool and beach access, while a West pool deck will feature a lap pool, an outdoor massage area and multiple hot tubs. A magnificent club level will offer a breakfast area, a lounge, bar areas, a private dining area, a business center, a media room and a library.
Located in Sunny Isles Beach, Ritz Residences Sunny Isles Beach is perfectly situated between Miami and Fort Lauderdale and near luxury shopping at the Bal Harbour Shops and Aventura Mall. Sunny Isles Beach is also home to world-class dining, spas and hotels.
For more information on Ritz-Carlton Sunny Isles condos for sale, contact Niki Higgins at +1-954-817-2500 or +1-888-242-4422.
Source: The Real Deal
