Ritz‑Carlton Residences North Bay Village

Ritz‑Carlton Residences North Bay Village

A Landmark Luxury Residential Project Takes Shape

The North Bay Village skyline is poised for a dramatic upgrade with the upcoming Ritz-Carlton Residences North Bay Village. Leading the project are Miami’s major developers Related Group and Macklowe Properties, who have teamed for a two-tower, high-end residential offering on Harbor Island’s western tip.

Key Project Details

• Location: 8000 & 7946 East Drive, North Bay Village, FL 33141.

• Structure: Two 43-story towers, approximately 500+ feet tall. 

• Residences: 364 luxury homes ranging from 1- to 4-bedroom layouts; average unit size ~2,138 sq ft. 

• Amenities & Community Programs: 9,000 sq ft waterfront park, 42-slip private marina, nearly 800 parking spaces (≈2 per unit) and over 100,000 sq ft of amenity space. 

• Architect: Arquitectonica — known for iconic Miami high-rises and sculptural design language. 

Why This Project Matters

1. Luxe Brand Appeal & Global Reach
With the Ritz-Carlton moniker attached, the project aligns with ultra-luxury residential standards and global luxury buyer profiles. The branding typically adds premium build-quality, service levels, and resale strength.

2. Emerging Waterfront Neighborhood
North Bay Village has been quietly transforming. Once more modest than Miami Beach or Brickell, this island community now draws major developers and is positioned as a next-tier waterfront destination. 

3. Full-Service Marina & Lifestyle
The inclusion of a 42-slip private marina is rare for Miami condo towers and speaks directly to high-net-worth buyers with yacht access ambitions. Add a dedicated waterfront park and the design positions the towers as a destination in their own right.

4. Smart Scale & Ideals of Luxury
With just 364 units across two high-rise towers and generous floor plates (~2,138 sq ft average) the project avoids the micro-unit fatigue seen in other developments. Coupled with premium finishes and curated amenities, it is clearly aiming for the upper echelon of luxury.

5. Strategic Developer Partnership
Related Group brings deep Brickell and Miami condo experience; Macklowe Properties is making its South Florida debut, adding fresh capital and brand breadth. The partnership signals high confidence in the site and market. 

What Buyers & Investors Should Know

• Pricing: No official “from” price yet; based on comparable Ritz-Carlton and branded Miami towers, expect pricing at or above premium waterfront benchmarks. 

• Delivery / Timing: Still early stage; monitor site access, permit progression and pre-sales release.

• Lifestyle vs. Investment: Strong appeal for high-end end-users seeking waterfront luxury with marina access. For investors, consider short- vs long-term rental policy and HOA structure (TBD).

• Neighborhood Upside: As North Bay Village improves infrastructure (new park, waterfront activation), this project is pivotal to the sub-market’s repositioning.

• Resale & Hold Value: Branded luxury towers with marina access typically retain value well; brand equity and developer reputation matter.

📍 Looking for your next Miami property?
Contact Miami Realty Solution Group today at 📞 786-361-7289 or visit MiamiRealtySolution.com to learn more about the Ritz-Carlton Residences North Bay Village and other luxury waterfront opportunities across Miami’s top neighborhoods.