The Ritz-Carlton Residences, Miami Beach: Mid-Beach Condos and Villas on Surprise Lake

The Ritz-Carlton Residences, Miami Beach is a completed Mid-Beach community at 4701 North Meridian Avenue on Surprise Lake. Its website lists 111 condominium residences and 15 stand-alone villas designed by Piero Lissoni. The condominiums share one main building and its amenities; the villas are two-story single-family homes, eight of them on the water with private docks.

The Ritz-Carlton Residences, Miami Beach sits on Surprise Lake in Mid-Beach, across the water from La Gorce Island. It is a different building from The Ritz-Carlton Residences, South Beach, the 30-residence oceanfront project planned at 1671 Collins Avenue, and it is separate from The Ritz-Carlton, South Beach hotel on Lincoln Road. This page is our reference for the Mid-Beach property: who developed it, who designed it, how the condominiums and villas differ and what to ask for before buying a resale home there. The building is complete, so homes trade on the resale market. We have not found an official price source, so this page publishes no prices. Pricing and availability for any specific residence or villa are to confirm with the sales gallery.

Overview

The building’s website describes The Ritz-Carlton Residences, Miami Beach as a collection of 111 waterfront condominium residences and 15 stand-alone villas, with services provided by The Ritz-Carlton. It gives the address as 4701 North Meridian Avenue in Miami Beach’s Mid-Beach neighborhood and says the property brings lake, marina and ocean living together on the shores of Surprise Lake.

Developer. The website’s development page names the developer as 4701 North Meridian, LLC, a partnership of Lionheart Capital and Elliott Management Corporation. Lionheart Capital is a Miami-based investment firm. The site’s legal page states that the residences are not owned, developed or sold by The Ritz-Carlton Hotel Company or its affiliates, and that 4701 North Meridian, LLC uses The Ritz-Carlton marks under a license. That is standard language for branded residences, and it is a reason to rely on the condominium documents rather than marketing copy.

History of the site. Lionheart Capital’s portfolio page says the firm bought the former Miami Heart Institute, then a functioning hospital, in 2012, had the waterfront property rezoned for residential use and reimagined it through adaptive reuse with Piero Lissoni. Lissoni’s studio describes the residences as created from four former hospital buildings that were renovated and joined together.

Status. The Real Deal reported on August 23, 2019 that the City of Miami Beach had issued a temporary certificate of occupancy, which allowed closings to begin. Lionheart Capital’s March 8, 2021 press release says the development was completed in February 2020. Today the building’s website says residences are available for resale.

Condominiums vs. stand-alone villas

The property has two kinds of homes, and they are bought, owned and lived in differently.

The condominium residences. The 111 condominiums are inside the main building that Lissoni’s studio describes as “a tower that develops horizontally,” wrapped in cantilevered terraces and canopies, with courtyards and gardens on the lower level. The Real Deal reported in 2019 that the project has 60 distinct floor plans, and the developer’s 2021 release cited more than 60, so layouts vary widely from one residence to the next. The residence features page lists:

• Custom interiors designed by Piero Lissoni, with private elevator foyers in most residences.
• Stone flooring in common areas, kitchens and bathrooms, and wood flooring in bedrooms.
• Boffi kitchens by Lissoni with stone countertops and a Gaggenau appliance suite, and Zucchetti plumbing fixtures.
• Boffi bathrooms by Lissoni with stone floors and walls, oversized glass-enclosed rain showers and jetted soaking tubs.
• Hurricane-resistant windows and doors, a laundry room with washer and dryer, and a variable refrigerant flow HVAC system.
• Summer kitchens and plunge pools in select residences.

Published size and bedroom ranges for the condominiums differ between the building’s current website and the developer’s 2021 release, so we do not repeat either range here. Ask the sales gallery for the floor plan, interior and terrace square footage and bedroom count of the specific residence you are considering.

The villas. The villas website describes 15 single-family homes designed by Piero Lissoni with the Miami firm Choeff Levy Fischman. Eight are waterside villas with private boat dockage, and seven are landside villas set in tropical landscaping. The Real Deal reported on January 21, 2021 that Lionheart Capital sold the land for this second phase to GFI Development Company, which the villas website lists as development manager, and that the two-story villas would be managed as part of The Ritz-Carlton Residences, Miami Beach. The villas website names Marker Construction Group as the builder. According to the building’s website, villa owners have the privacy of a single-family home and full access to the community’s amenities.

Published villa sizes, bedroom counts and completion dates also differ between sources, so they are left out of this page. Ask for the survey, floor plans and certificate of occupancy for the specific villa.

What the difference means for a buyer. A condominium buyer shares one building, its lobbies and its amenities with the other owners, and the association’s budget and reserves cover the building. A villa buyer gets a stand-alone house with its own outdoor space, and in eight cases a private dock, while still using the shared amenities. Before going further, ask which association each type of home belongs to and which documents and fees apply to it, because the answer can differ for a stand-alone villa. Suits buyers who want Ritz-Carlton services on a lake setting in Mid-Beach and are comfortable buying in a completed building on the resale market.

HL Real Estate Group can request current price sheets, floor plans, deposit schedules and rental rules for The Ritz-Carlton Residences, Miami Beach.

Piero Lissoni’s first U.S. architecture

The building’s website calls the property the first architectural project in the United States by Piero Lissoni, the Milan-based architect, and says he designed both the architecture and the interiors. The developer’s March 2021 release uses slightly narrower wording: Lissoni’s first full-scale architectural work in the U.S. Lissoni’s own studio lists the project under completed residential architecture, with work running from 2012 to 2020 and with architecture and interior design as its fields of intervention.

The studio describes the design this way: the former hospital buildings were completely redesigned to give them a single visual identity; the exterior uses a light color, large windows and louvered panels; and the lower-level courtyards and gardens were planned around the water and the landscape. The entrance lobby connects to the garden and to the marina, and a sculptural staircase links two levels. The villas website adds that Lissoni designed the homes so that indoor rooms open toward the gardens and the water.

Lissoni’s studio also lists the shared facilities it designed into the project: a private spa, a swimming pool, a lounge bar, a barbecue and dining area, a library and conference room, a cinema, a children’s area and 24-hour concierge service.

Surprise Lake setting in Mid-Beach

The property is on the shores of Surprise Lake, on the bay side of Mid-Beach. The building’s website says the La Gorce Island community lies across the water and that the beach, the Miami Beach Golf Club and the restaurants of Mid-Beach and South Beach are a short drive away. The villas sit on two parcels along West 48th Street and West 47th Court where they meet Meridian Avenue, according to a November 2021 Florida YIMBY report.

The website lists 36 boat slips on the property’s private marina for vessels up to 40 feet, and the amenities page describes the slips as deeded. The website’s FAQ says slips change hands privately between owners, and that select villas have private dockage. Lissoni’s studio also lists 36 private moorings. If a slip matters to you, confirm in writing whether a slip comes with the residence you are considering, how it is titled and what it costs to own.

For more on the surrounding area, see our Miami Beach market page, our La Gorce Island page and our guide to living in Mid-Beach. For new construction nearby, see The Perigon Miami Beach, The Ritz-Carlton Residences, South Beach (the separate oceanfront project on Collins Avenue) and our Miami Beach new developments 2026 buyer guide.

Amenities and Ritz-Carlton services

The building’s website lists these shared amenities and services:

• Two 24-hour attended lobbies, valet parking and an on-call concierge for dining, travel and in-residence services.
• A half-acre rooftop pool deck with views of Biscayne Bay and the Miami skyline.
• An infinity-edge pool with private cabanas and a poolside restaurant.
• The private marina’s 36 boat slips.
• A spa with steam room and sauna, a fitness center and indoor and outdoor yoga studios.
• A club room with a multisport simulator, a screening room, an art studio and a kids’ room.
• A dog walk and a pet grooming room.

The site’s Ritz-Carlton page says property management is handled directly by The Ritz-Carlton, with a full-time general manager on site, and that staff receive at least 120 hours of training each year. Services, staffing and any fees for them are set by the association and its management agreement, so confirm them in the documents rather than relying on the website.

Documents to request (resale package, rental rules)

Because the building is complete, most purchases here are resales from an owner, not sales from the developer. Florida law gives a resale buyer specific rights. Under Section 718.503(2), Florida Statutes, a buyer who has signed a contract for a condominium unit is entitled, at the seller’s expense, to current copies of the declaration of condominium, the association’s articles of incorporation, the bylaws and rules, the annual financial statement and annual budget, the inspector-prepared summary of any milestone inspection report, the most recent structural integrity reserve study (or a statement that one has not been completed), any turnover inspection report for an inspection performed on or after July 1, 2023, and the “Frequently Asked Questions and Answers” document. The buyer is also entitled to a governance form from the seller.

Request these items for the specific residence or villa you are considering:

1. The resale disclosure package listed above, before you sign if possible, so you have time to read it.
2. Current price and availability for the residence or villa, along with the floor plan and interior and terrace square footage. We publish no prices for this building.
3. Rental rules, including any minimum lease term, how many times a year a residence can be leased, any approval process for tenants and any limits on short-term use.
4. The association’s budget and reserves, including the current monthly assessment for the unit, any special assessments that have been approved or proposed and the structural integrity reserve study. Our guides to reserves, SIRS and milestone inspections and South Florida luxury condo HOA fees explain what to look for.
5. Boat slip records, if a slip is part of the deal: how the slip is titled, whether it transfers with the unit, its size limits and its fees.
6. Pet rules. The building’s website says pets are welcome and notes that association rules, including possible breed restrictions, apply.
7. For a villa, confirm which association or associations it belongs to, which amenity and service fees apply and whether it has private dockage.
8. Insurance and inspection history: the association’s master policy, what it covers for the unit and the most recent milestone inspection status.

For a full list of questions, see our South Florida luxury condo due diligence checklist and our comparison of resale vs. pre-construction in South Florida. For projects still under construction across the region, browse our new-developments board.

Sources: theresidencesmiamibeach.com (home, development, residence features, lifestyle and amenities, The Ritz-Carlton and legal pages) and thevillasmiamibeach.com (villas, design vision and villas team pages), accessed Oct. 18, 2026; Lionheart Capital portfolio page, accessed Oct. 18, 2026; Lissoni & Partners project page, accessed Oct. 18, 2026; Lionheart Capital press release via PR Newswire (Mar. 8, 2021); The Real Deal (Aug. 23, 2019, and Jan. 21, 2021); Florida YIMBY (Nov. 2021); Section 718.503, Florida Statutes. Prices and availability are subject to change.

FAQ: The Ritz-Carlton Residences, Miami Beach

How many residences are there?

The building’s website lists 111 condominium residences and 15 stand-alone villas. Eight of the villas are waterside with private boat dockage and seven are landside, according to the villas website.

Who designed The Ritz-Carlton Residences, Miami Beach?

Piero Lissoni, the Milan-based architect. The building’s website says he designed the architecture and the interiors and calls it his first architectural project in the United States. The villas were designed by Lissoni with Choeff Levy Fischman, according to the villas website.

Where is The Ritz-Carlton Residences, Miami Beach?

At 4701 North Meridian Avenue in Mid-Beach, on the shores of Surprise Lake across the water from La Gorce Island, according to the building’s website.

Is it the same as The Ritz-Carlton Residences, South Beach?

No. The Ritz-Carlton Residences, South Beach is a separate 30-residence oceanfront project planned at 1671 Collins Avenue. The building’s website also says the Mid-Beach property is a private residential community, separate from The Ritz-Carlton, South Beach hotel on Lincoln Road.

Who developed it?

The building’s website names the developer as 4701 North Meridian, LLC, a partnership of Lionheart Capital and Elliott Management Corporation. The Real Deal reported in January 2021 that GFI Development Company bought the land for the villas and developed them.

Is the building finished?

Yes. The Real Deal reported that the City of Miami Beach issued a temporary certificate of occupancy in August 2019, and Lionheart Capital’s March 2021 release says the development was completed in February 2020. Homes now trade on the resale market.

Does the building have boat slips?

Yes. The building’s website lists 36 boat slips on the private marina for vessels up to 40 feet and says slips change hands privately between owners. Select villas have private dockage.

Are pets allowed?

The building’s website says pets are welcome and that the community has a dog walk and a pet grooming room. Association rules, including possible breed restrictions, apply, so check the current rules for the unit.