Cindy Crawford Among Celebs Buying At Ritz-Carlton Residences

MIAMI BEACH, FL — Model Cindy Crawford and her husband, Rande Gerber, purchased a two-bedroom lower penthouse unit at The Ritz-Carlton Residences, according to a news release.

They’re among a handful of celebrities who have purchased units at the first full-scale project by master Italian architect Piero Lissoni in the United States. The couple also purchased a multimillion-dollar home on Miami Beach’s North Bay Road earlier this year.

Crawford joins other notable residences who live at The Residences, including Major League Baseball Hall of Famer Mike Piazza, Miami Marlins’ Major League Baseball top draft pick Corey Dickerson, former Miss Germany Petra Levin, celebrity sports agent Jason Rosenhaus, and CEO and chairman of American Eagle Outfitters Jay Schottenstein.

The $600 million project is also celebrating a major moment, according to the news release. The Ritz-Carlton Residences is nearly 90 percent sold out and only has 10 of its 111 units left.

Lionheart Capital, a Miami-based real estate development and capital investment firm, said that as of March 5, the Douglas Elliman Development Marketing sales team sold 30 residences in 75 days, totaling over $130 million in sales. In another milestone, The Residences also sold out its Penthouse Collection, totaling over $51 million in sales.

With South Florida’s recent real estate boom, the sales milestone is evidence to the demand for luxury condos in South Florida and buyers looking to live in one of Miami’s most affluent neighborhoods, the news release said.

“We are seeing a real sense of urgency from buyers, as the Miami real estate market is heating up. The response to The Ritz-Carlton Residences, Miami Beach’s modern design, exclusive amenity collection and premier location has been tremendous,” said Ophir Sternberg, CEO and founder of Lionheart Capital. “Our competitive edge is that our residences feel like bespoke homes coupled with the highest-quality finishes and five-star services provided by Ritz-Carlton.”

The two-to five-bedroom homes range in size from 2,000 to over 10,000 interior square feet with a selection of over 60 unique floor plans and start at $2 million.

“We are seeing a steady amount of interest from buyers looking to purchase at The Residences to use as a primary or secondary home and indulge in the exclusive amenity collection and premier service that comes with the iconic brand,” said Jay Phillip Parker, CEO of Douglas Elliman South Florida. “The Ritz-Carlton Residences, Miami Beach continues to set the benchmark for a new standard of fine living in one of South Florida’s most affluent neighborhoods.”

The Residences’ offers resort-style amenities and personalized services, such as the world’s first residential art studio, 36 private boat dockages and private on-site captained day yacht, a chauffeured house car, a half-acre rooftop pool deck with private cabanas and restaurant grille, beach concierge, pet grooming facilities, yoga and meditation studio, private cinema-style screening room, social room and club room, kids’ room, library, and gardens.

The development also offers buyers a medical concierge as a closing gift, which includes a complimentary one-year membership with celebrity author of “The South Beach Diet,” Dr. Arthur Agatston.