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The Real Deal Miami

Singer Island’s Ritz-Carlton Residences reaches $100 million sales mark

July 06, 2012 03:00PM

The Ritz-Carlton Residences

Lionheart Capital’s Ritz-Carlton Residences in Singer Island has topped the $100 million sales mark, according to Premier Sales Group, the exclusive marketing agent for the property. The project saw over $40 million in sales from February through May, when it paid out more than $1 million in commission checks. The Ritz-Carlton was formerly the 2700 North Ocean condominium. Developer Lionheart has reentered the news with plans to transform the Miami Heart Institute in Miami Beach into a 154-unit luxury condominium project. — Alexander Britell