62 stories, two oceanfront towers, a 10,000-square-foot spa, and a fresh construction loan just funded — here's the full breakdown of Sunny Isles's most ambitious project.
Key Takeaways
- Two 62-story oceanfront towers totaling 320 residences, starting at $5 million
- $113.75M construction loan just closed — South Tower delivery targeted Q4 2028, North Tower Q4 2029
- A 10,000-square-foot oceanfront spa anchors a hospitality program built around the St. Regis brand's most ambitious Florida footprint to date
If you've been watching the Sunny Isles trophy market, you already know that the bar got reset two years ago when Bentley Residences opened its 60-story tower with the car elevators. Then Rivage Bal Harbour repriced the entire submarket again last year. The next reset is now firmly in motion: the St. Regis Residences Sunny Isles Beach just closed a $113.75 million construction loan and is moving from financial close to vertical construction with serious momentum.
Two towers. Sixty-two stories each. Three hundred and twenty oceanfront residences. A 10,000-square-foot spa. And the most concentrated St. Regis-branded residential product the brand has put in Florida.
Let me walk through it.
The Numbers
- Two 62-story oceanfront towers
- Total residences: 320 (South Tower delivers first, then North)
- Starting price: $5 million
- Developer: Fortune International Group + Château Group
- Architect: Arquitectonica
- Operator: St. Regis (Marriott International)
- South Tower groundbreaking: August 2023; completion Q4 2028
- North Tower groundbreaking: 2026; completion Q4 2029
- Recent milestone: $113.75M construction loan closed
- Spa: ~10,000 square feet, oceanfront
- Location: Sunny Isles Beach (Collins Avenue oceanfront)
The Sunny Isles Trophy Context
Sunny Isles Beach has, over the last decade, quietly become Miami's most concentrated stretch of ultra-luxury oceanfront condo product. As I detailed in "Living in Sunny Isles Beach 2026: The Miami Neighborhood Guide," the buyer base here is overwhelmingly international — Russian, Brazilian, Argentine, Mexican, Turkish, and increasingly Indian — with a layer of U.S. domestic buyers seeking trophy beachfront product they can't find in Manhattan or LA.
The pricing ceiling has moved up steadily for three reasons. First, beachfront land in Sunny Isles is genuinely scarce — the easternmost parcels along Collins Avenue facing the ocean are essentially all developed or in active development pipelines. Second, the buyer profile is wealthy and global, so currency strength in any one market only partially affects sales velocity. Third, the brand pedigree of the buildings keeps rising: Bentley, Rivage, Armani Casa (further north in Pompano Beach), and now St. Regis are all targeting the same global trophy buyer pool.
The St. Regis brand specifically resonates with this audience. The St. Regis name carries weight in capital cities globally — Riyadh, Hong Kong, New York, Rome — in a way that some other hotel brands don't. For an international buyer looking for a Miami trophy with a brand they already trust from their home market, St. Regis is one of maybe three names that consistently delivers.
I covered the sister project — The St. Regis Residences Brickell — in detail earlier this year. That project sold a billion dollars in 90 days. The same brand operating an oceanfront trophy in Sunny Isles, with the same developer, is a serious follow-up product.
What $113.75M in Construction Financing Means
When a project this large closes a construction loan, three things are signaled to the market.
First, the lender — typically a major U.S. bank or international institution for a project this size — has underwritten the pre-sales, the development team, and the market risk to satisfaction. That's a meaningful third-party validation. Lenders don't fund $113.75M against speculative pre-construction without serious financial cushion in the deal.
Second, vertical construction can now accelerate. South Tower has been in build since 2023; this funding likely supports both the South Tower's vertical push to topping-off and the North Tower's groundbreaking and early build. For buyers who reserved in 2023 or 2024, this is reassurance that the project is fully capitalized through completion.
Third, pricing on remaining inventory typically firms after major financing events. Developers have less pressure to discount and more leverage to hold pricing as construction progresses visibly. If you were on the fence and waiting for clearer signals before committing, this is one of those signals.
The Architecture: Arquitectonica Returns to Sunny Isles
Arquitectonica is doing the design, and they have a long history in Sunny Isles — they designed the Acqualina Resort, multiple Trump-branded oceanfront towers, and several other prominent Collins Avenue developments. Their Sunny Isles work tends to lean into ocean orientation, expansive private terraces, and curved facades that maximize ocean views from every unit.
For St. Regis specifically, expect a more restrained Arquitectonica execution — less flamboyant than some of their earlier Sunny Isles work, more aligned with the St. Regis brand's traditional emphasis on understated luxury. The 320 total residences across two towers means most units are direct ocean-orientation with large outdoor space. Penthouse and trophy-floor units will likely be priced in the $20M+ range based on St. Regis comp pricing elsewhere in Florida.
The 10,000-square-foot oceanfront spa is the operational anchor. St. Regis's brand standard for spas is among the highest in the hotel industry, and 10,000 square feet of oceanfront spa space allows for full hydrotherapy programs, treatment rooms, fitness, and pool facilities at a scale that few Miami residential buildings can match.
Who This Is For
If you fit one of these profiles, this is a project worth a serious conversation.
Profile 1: International high-net-worth buyer wanting a trophy Miami beachfront residence. Sunny Isles is essentially the only Miami neighborhood where you can buy a true direct-oceanfront trophy condo under a globally-recognized brand. St. Regis is the cleanest brand expression in this product class.
Profile 2: Miami business owner with $10M+ in real estate portfolio wanting to add beachfront pedigree. For a portfolio that already has Brickell or Coral Gables exposure, adding a Sunny Isles trophy diversifies into beachfront luxury and into a buyer pool with very different demand dynamics. As I covered in "The Miami Business Owner's Real Estate Portfolio Roadmap," beachfront diversification at the top of the portfolio is one of the cleanest moves available.
Profile 3: U.S. domestic buyer relocating to Miami at the top of the market. For someone selling a $20M+ home in California or the Northeast, a St. Regis Sunny Isles residence offers brand familiarity, ocean access, and a level of service that approximates a private club without the membership obligation. As I detailed in "Relocating to Miami from California in 2026," tax-driven relocation at the high-net-worth end of the market continues to favor trophy oceanfront product.
Miami Market Snapshot — Early June 2026:
- $113.75M construction loan closed for St. Regis Residences Sunny Isles
- Sunny Isles oceanfront trophy segment continues to lead Miami in price-per-square-foot for direct-oceanfront product
- Miami hospitality-branded condo developers paid down $115M in construction loans late May as units near sellout
- National investor home purchases at 6-year low — but international and ultra-luxury buyers continue to dominate Sunny Isles activity
The Risks to Underwrite
Risk 1: The North Tower delivery timeline. North Tower groundbreaking is 2026 with Q4 2029 completion target. Anyone reserving in the North Tower is committing to a four-year pre-construction hold from contract to delivery. That's manageable for the buyer profile this project targets, but worth pricing into capital planning.
Risk 2: International buyer concentration. Sunny Isles's heavy international buyer mix is a strength when global capital is flowing and a weakness when specific source-country economies cool. Buyers should understand the demand dynamics they're underwriting into.
Risk 3: Insurance and reserve cost trajectory. Florida oceanfront condo buildings face the highest insurance exposure in the state. Florida's reserve law, which I covered in "Florida's Condo Reserve Law: What Every Miami Condo Buyer Must Check," has materially changed reserve requirements for buildings in this zone. Underwrite HOA growth carefully.
Why I'd Want a Look
The combination of brand pedigree, oceanfront positioning, developer track record (Fortune and Château have built multiple Sunny Isles trophies and delivered them), and now confirmed construction financing makes St. Regis Sunny Isles one of the strongest oceanfront branded residences in Miami's pipeline. Sister project pricing in Brickell — which sold out at a billion dollars in 90 days — suggests this product has a confirmed luxury buyer base.
If you want to see the full St. Regis Residences Sunny Isles project page with current pricing and floorplan availability, view the listing at carloscabalerealtor.com/new-development/st-regis-residences-sunny-isles.
Frequently Asked Questions
Q: When does St. Regis Residences Sunny Isles deliver? A: South Tower targets Q4 2028 completion, with vertical construction already underway. North Tower targets Q4 2029 completion, with groundbreaking in 2026. The recent $113.75M construction loan supports the active build phase.
Q: How much is a unit at St. Regis Residences Sunny Isles? A: Starting prices begin at $5 million. The 320 residences across two 62-story towers include a broad range from entry-level oceanfront units to trophy floor penthouses likely priced above $20 million.
Q: Who is the developer of St. Regis Residences Sunny Isles? A: The development team is Fortune International Group and Château Group. Architecture is by Arquitectonica. The operator is St. Regis, a Marriott International brand. This is a different project than the St. Regis Residences Brickell, which is by the same brand but different developer team.
Q: Is St. Regis Residences Sunny Isles a good investment? A: The project is primarily positioned as a trophy primary or second-home residence rather than a rental-yield play. The combination of brand pedigree, oceanfront positioning, and a globally-recognized buyer pool suggests strong long-term hold value. Short-term rental policies should be confirmed with the operator before underwriting any income assumption.
Explore the full St. Regis Residences Sunny Isles project on my website: carloscabalerealtor.com/new-development/st-regis-residences-sunny-isles
Partnership Realty / Partnership Realty Inc / +1 (561) 629-0358 / carloscabalerealtor.com
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