28 Oct The Ritz-Carlton Residences, Fort Lauderdale Beach: Prices, Construction Status and Sources (2026)

The Ritz-Carlton Residences, Fort Lauderdale Beach: Prices, Construction Status and Sources (2026)

The Ritz-Carlton Residences, Fort Lauderdale Beach is a planned two-tower condominium at 551 Bayshore Dr in Fort Lauderdale by MICL and Admire Capital, with 83 residences and current asking prices of $3 million to $4.34 million. It was announced in February 2026 and is separate from the existing Ritz-Carlton Residences at 1 N Fort Lauderdale Beach Blvd.

Everything on this page comes from public records, news reports or the developers’ own announcements, and each fact is credited in the Sources section below. This is a new or planned building, so details can change; confirm them with the developer or sales team before you rely on them.

At a Glance

Prices and Current Listings

Asking prices for residences at The Ritz-Carlton Residences, Fort Lauderdale Beach as of October 2026 ran from $3 million to $4.34 million, depending on floor, view, size and renovation.

Construction Status

Florida YIMBY and the developers’ press release announced the project on February 14, 2026. We found no report of a groundbreaking as of October 27, 2026, and the developers have not announced a completion date.

What Public Records and News Reports Say

• Florida YIMBY and the developers’ press release (February 14, 2026): two 13-story towers with 83 residences, including 6 penthouses, by MICL and Admire Capital, designed by Garcia Stromberg with interiors by Dan Fink Studio, between the ocean and the Intracoastal with limited Intracoastal dock slips; pricing from $2.5 million.
• A Broward County Property Appraiser search of 551 Bayshore Dr on October 27, 2026 showed no residential condominium units on the tax roll yet. Units usually appear after the condominium is recorded and the county’s next update.

Inspections and Reserves for a New Building

Fort Lauderdale is in Broward County, where the county’s Building Safety Inspection Program (BORA Policy 05-05) requires structural and electrical safety inspections when a building reaches 25 years from its certificate of occupancy and every 10 years after that. Florida’s milestone inspection law applies to condominium buildings of three or more stories starting at 30 years. Florida also requires the developer to obtain a structural integrity reserve study (SIRS) before turning the association over to owners, so ask for it.

What Buyers Should Ask For

• The milestone inspection summary, if the building has had a milestone inspection (ask for any Phase 2 report too)
• The most recent structural integrity reserve study, or a statement that none has been completed
• The annual budget and financial statement, plus the reserve balance and any special assessments
• Board minutes from the past year, for planned repairs

For a resale, Florida law (section 718.503(2)) entitles the buyer, at the seller’s expense, to the declaration, articles, bylaws and rules, annual financial statement and budget, Q&A sheet, milestone inspection summary (if applicable), the most recent SIRS or a statement that none exists, and any turnover inspection report. Unless the buyer received them more than 7 days before signing, the buyer may cancel within 7 days (excluding weekends and legal holidays) after signing and receiving them, until closing. A buyer purchasing from the developer has 15 days (section 718.503(1)). Board minutes, reserve balances and special-assessment details are not on the statutory list; request them separately. Read our complete guide to Florida condo milestone inspections and SIRS.

Full list: see our Florida condo due diligence checklist, with every document to get before you sign and the Florida statute behind each one.

Frequently Asked Questions

How much does a residence at The Ritz-Carlton Residences, Fort Lauderdale Beach cost?

Listed residences are priced $3 million to $4.34 million as of October 2026.

When will The Ritz-Carlton Residences, Fort Lauderdale Beach be finished?

The developers have not announced a completion date, and we found no groundbreaking report as of October 27, 2026.

Where exactly is The Ritz-Carlton Residences, Fort Lauderdale Beach?

At 551 Bayshore Drive on Fort Lauderdale’s barrier island, between the ocean and the Intracoastal Waterway. It is a different building from the Ritz-Carlton Residences at 1 N Fort Lauderdale Beach Blvd, which was completed in 2007.

More New Construction in Fort Lauderdale

• All new construction condos in Fort Lauderdale
• Sage Intracoastal Residences
• Andare Residences by Pininfarina
• Viceroy Residences Fort Lauderdale
• Ombelle
• Sixth & Rio
• Bungalow East
• 3000 Waterside
• The Terraces
• Serene

More Fort Lauderdale Condos

• Every Fort Lauderdale condo from $1 million
• Fort Lauderdale, FL guide
• Florida condo milestone inspection and SIRS guide (2026)

Sources

• Florida YIMBY, “The Ritz-Carlton Residences, Fort Lauderdale Beach Announced at 551 Bayshore Drive,” February 14, 2026: source
• MICL and Admire Capital press release, February 14, 2026: source
• Asking prices: active, pending and under-contract MLS listings shown on floridasearch.com, checked October 27, 2026
• Tax roll: Broward County Property Appraiser search, checked October 27, 2026

Last updated October 24, 2026. Building details come from county property records, public listings and government sources and are deemed reliable but not guaranteed. Prices are asking prices or estimates as of the date shown. Not legal, financial or engineering advice. Full disclaimer