Ultra Lux Realty

Lux South Florida Real Estate

The White-Glove Standard in Lux Real Estate Based in Sunny Isles Beach, delivering exceptional buying, selling, leasing, and property management services across South Florida.

Miami Beach Club, Sunny Isles Beach: What Buyers Should Check

Miami Beach Club is the one address on this sweep where you cannot buy a unit — and that is exactly what a buyer needs to know before going any further. The low-rise 1951 building at 19051 Collins Avenue, immediately north of Residences by Armani/Casa, was bought out in full in July 2025: Related Group, BH Group, and Dezer Development paid $131 million for 100 of the 108 units, and Related Group executives already owned the other eight. The old building is slated for demolition, and in February 2026 the Sunny Isles Beach City Commission approved a 62-story, roughly 820-foot, 145-residence branded luxury tower to replace it — a building that would be the tallest in Sunny Isles Beach, and, on the developers' FAA filings, the tallest oceanfront residential building in the United States. Sales were expected to launch within about three months of November 2026, with prices starting at $4.5 million, and completion is targeted for December 2031. So this page is not a resale guide. It is a tracker for a pre-construction opportunity: what happened to the old building, what is approved to replace it, and what to verify before putting a deposit down on a tower that does not exist yet.

The facts

  • Address: 19051 Collins Avenue, Sunny Isles Beach, FL 33160 — verified against county records, BRG International, Echo Fine Properties, ActiveRain, The Real Deal, Commercial Observer, Florida YIMBY, and the South Florida Business Journal
  • The old building: completed 1951 — an H-shaped, two-story condominium on a roughly two-acre (2.01-acre) oceanfront site, immediately north of Residences by Armani/Casa
  • Residences (old building): 108 units
  • The buyout: closed July 1–2, 2025. Related Group, BH Group, and Dezer Development paid $131 million ($131.8 million per BRG International) for 100 of the 108 units; Related Group executives already owned the remaining eight. JPMorgan Chase provided an $87.5 million pre-development loan, arranged by Berkadia. Most of the old condominiums were valued at under $125,000 by the Miami-Dade Property Appraiser.
  • The replacement tower (approved): 62 stories, about 820 feet above ground (about 828 feet above sea level per FAA filings), 145 residences, designed by Cohen Freedman Encinosa & Associates (CFE Architects), with landscape architecture by Enzo Enea. Approved by the Sunny Isles Beach City Commission in February 2026, despite opposition from residents. Hard construction costs are estimated at about $294 million, with total development costs of about $351 million; the developers are paying the city $15.1 million for transferable development rights and $14.5 million for floor-area-ratio density boosts.
  • Replacement tower mix: three-, four-, five-, and six-bedroom residences, plus two full-floor penthouses; a 2,390-square-foot private restaurant; a 298-space parking garage
  • Brand: the tower will be branded, but no brand had been announced as of November 3, 2026
  • Timeline: the developers requested up to five years to secure permits and a further five years to build after a building permit is issued. Completion is targeted for December 2031. Demolition of the 1951 building had not begun as of January 15, 2026. Sales were expected to launch within about three months of November 3, 2026, with prices starting at $4.5 million (developer asking prices, not recorded sales); one November 2026 report put a possible construction start around mid-2028.
  • Waterfront: oceanfront, direct beach access, on about two acres at the north end of the Sunny Isles Beach oceanfront strip
  • History worth knowing: in 2018 the Miami Beach Club condominium association — and at least one unit owner — sued the Related/Dezer entity that developed the neighboring Armani/Casa tower, alleging construction damage and tactics to diminish the building's marketability. The suit was dismissed in 2022. Related Group executives had owned units at Miami Beach Club since 2014.

Amenities and day-to-day living

There is no meaningful amenity program to describe for the old building: it is a two-story, 1951 condominium whose unit sizes, dues, and amenities were not verified in public sources, and it is slated for demolition. What matters for a buyer is the replacement tower, and its amenity program has not been published in detail as of November 14, 2026. The filings describe a private restaurant and a 298-space parking garage; the rest — pool, spa, fitness, beach club, and services — is still to be announced with the brand and the sales launch. Do not let a rendering stand in for an amenity list: ask for the filed plans and the prospectus when sales open.

What to check before you buy

  • You are buying pre-construction, not a resale. There are no units to buy in the old building. Any purchase would be a reservation or contract on the replacement tower, with delivery targeted for December 2031 — five-plus years out, and the developers' own allowance runs to five years for permits plus five years to build. Ask for the deposit schedule, the escrow terms, and what happens if the schedule slips.
  • Price is asking, not recorded. Prices are reported as starting at $4.5 million (The Real Deal, November 3, 2026). That is a developer asking price. No units have been sold and no closings exist. Do not compare it to recorded sales in neighboring towers as though it were the same thing.
  • The brand matters — and it is not yet named. The tower is confirmed as a branded project, but the brand had not been announced as of November 3, 2026. A brand changes the buyer pool, the resale story, and the service level. Wait for the announcement before judging the project against Porsche Design Tower, Bentley Residences, or St. Regis.
  • Milestone inspections and reserves do not apply the way they do in a resale. The replacement tower will be new construction; the old building's inspection history is moot once it is demolished. The question that replaces it is construction risk: the developer team, the contractor, the financing, and the permit timeline.
  • Know the neighborhood fight. The February 2026 approval came despite an outcry from residents opposing more development in tower-crowded Sunny Isles Beach. That opposition does not block the approval, but it is part of the context for anyone buying into the north end of the strip.
  • The 2018 lawsuit is history, not a live claim. The association's suit against the Armani/Casa developers was dismissed in 2022. It is worth knowing because it explains some of the friction between the two neighboring sites — and because the same developer team is now building the replacement tower.

Who this building suits

This is for a buyer who wants a brand-new, branded tower on the north end of Sunny Isles Beach, can wait until about 2031, and is comfortable with pre-construction — deposits paid years before delivery, a brand not yet announced, and a completion date that has already been framed with a five-plus-five-year allowance. It is not for anyone who needs a home to move into, a rental income stream this year, or a resale with a recorded price history. If that is you, the neighboring Armani/Casa tower — or Ocean Two and Ocean One further north — are the resale alternatives on the same stretch of beach.

Next step

Get the free Sunny Isles Beach Buyer's Building Guide — the ten questions to ask before you sign, applied to the tower you are actually considering. Or book a call with Mike to walk through Miami Beach Club together.

Contact Mike

Call or text: (305) 429-5420

Email: info@ultraluxrealty.com

Book a call: https://calendar.app.google/YHekwSmZ7dWttvSu8

Tell Mike what you're looking for — he'll get back to you shortly.

Ready to Take the Next Step?

Buying, selling, or renting starts with the right conversation.

Contact Mike