"The Raleigh was always somewhere you visited. Now it is somewhere you live."
On the three acres of South Beach sand that Life magazine once anointed home to the most beautiful pool in America, The Raleigh is being rewritten. For more than eighty years, it was a hotel — a stage for other people's nights. Now, for the first time since L. Murray Dixon drew its Art Deco lines in 1940, you can hold the deed to a piece of it.
The Raleigh Rosewood — landmark residences on South Beach
The Raleigh, A Rosewood Hotel and Residences is among the most closely watched luxury condos for sale in Miami Beach — a 17-story oceanfront tower rising beside the restored 1940 hotel at 1775 Collins Avenue, in the cultural heart of the Art Deco District.
The residences carry the Rosewood name; the hotel will be managed by Rosewood Hotels & Resorts; and the whole three-acre estate — which folds in the neighboring Richmond and South Seas hotels — sits on roughly 215 feet of direct Atlantic frontage, on the stretch the industry has taken to calling "Billionaires' Beach."
The project's recent history is part of its story, and an honest brief has to include it. SHVO assembled and entitled the site, commissioned the architecture, and signed Rosewood — but after presales lagged its competitors and a construction loan came due, the partnership sold the property in October 2025 to New York-based Nahla Capital for roughly $270 million.
Led by Genghis Hadi, Nahla is the firm behind the boutique Rosewood Residences Beverly Hills, Tadao Ando's 152 Elizabeth Street in Manhattan, and Austin Proper Residences — a track record built on pairing landmark architecture with hospitality brands.
Rosewood stayed on through the transition, sales moved to Compass's development marketing group, and the design is being refined under the new ownership. What hasn't changed are the bones of the offer: a restored Miami icon, a globally recognized hotel brand, and one of the last true oceanfront development sites in South Beach.
The Building & Architecture
The historic Raleigh opened in 1940 to a design by Lawrence Murray Dixon, one of the architects who gave Miami Beach its Art Deco profile. Its fleur-de-lis-shaped pool — curved, tiled, and endlessly photographed — was named the most beautiful pool in America by Life magazine, and went on to appear in films from The Birdcage to Bad Boys.
The restoration, carried out with the Miami Beach Historic Preservation Board, keeps that pool, the Martini Bar, and the wood-lined Tiger Room intact, knitting the Art Deco facades of all three hotels into a single 60-room property.
The residential tower is the new gesture. Conceived by Peter Marino — the American architect best known for his work with Chanel, Dior, and Louis Vuitton — its facade borrows the rhythm of those fashion commissions: white columns and black mullions framing oversized windows tuned for light, air, and ocean.
Inside, Marino's palette runs to artisan plasters, hand-painted millwork, and noble stones, with two private residential lobbies and a porte-cochère keeping residents clear of hotel traffic. These are oceanfront condos in South Beach designed to read as homes first and a hotel second.
One candid note belongs here. Marino conceived the building under the prior owner, with Kobi Karp as architect of record; the design is now being refined under Nahla, and the final interior specifications are still being settled. Buyers drawn specifically to a Marino interior should confirm the current design status with the sales team rather than treat the original renderings as final — a small piece of due diligence that protects the very thing they're paying for.
Residences & Pricing
Current plans call for roughly 42 residences across the 17 floors — revised down from an earlier 44 as the tower gained interior square footage — ranging from two to five bedrooms, plus a crown of penthouses.
You can buy a residence at The Raleigh starting at approximately $10 million for a three-bedroom floor plan, with homes ranging from about 2,000 square feet to nearly 7,800 square feet, and penthouses exceeding 13,000 square feet. Reported presale pricing has run north of $5,000 per square foot, climbing toward $8,500 for the most coveted upper-floor homes.
Every residence is delivered with floor-to-ceiling glass, generous terraces, and the 10-foot ceilings Peter Marino insisted on from the start — the kind of volume that turns an ocean view into the room's fourth wall.
| Residence Type | Approx. Interior Size | Price From |
|---|---|---|
| 2–3 Bedroom | approx. 2,000–2,800 sq. ft. | 3-bed from $10,000,000 |
| 4–5 Bedroom | up to approx. 7,800 sq. ft. | Price upon request |
| Penthouses | up to approx. 13,200 sq. ft. | Price upon request |
Indicative pricing, unit mix, and figures are subject to change as sales re-launch under the new ownership.
Amenities & Services
The amenity program is built around the estate's rarest asset — the beach itself — and operated to Rosewood standards. It is generous without trying to out-shout the architecture.
Pools & Beach
- Restored fleur-de-lis hotel pool, plus a sunrise lap pool and additional rectangular pools finished with custom mosaic bottoms
- Private cabanas, sunbeds, and direct beach access with poolside and beachside food-and-beverage service
Wellness & Fitness
- Rosewood Asaya Spa of roughly 4,000 square feet, with a Hammam and dedicated treatment rooms
- Double-height fitness center overlooking the gardens
Dining & Social
- The restored Tiger Room restaurant and the legendary Martini Bar, plus a Rosewood signature restaurant within the historic South Seas
- In-residence dining and a private members' Beach Club; the dining operator is being finalized under the new ownership
Service & Family
- 24-hour concierge and Rosewood residential services, from housekeeping to global hotel privileges, plus a children's playroom
- Landscaped gardens with Les Lalanne's bronze sheep — the unexpected touch that keeps the grounds from feeling like a brochure
Location — The Cultural End of South Beach
The Raleigh sits where South Beach quiets down. This is the Collins Park end of the island — the recognised cultural centre of Miami Beach, anchored by a tight triangle of institutions: The Bass contemporary art museum a few blocks north at 2100 Collins, where Ugo Rondinone's 42-foot stack of fluorescent boulders, Miami Mountain, has become the neighbourhood's most photographed object; Miami City Ballet and the New World Symphony; and the Miami Beach Regional Library.
Lincoln Road, the pedestrian promenade locals half-jokingly call a tropical Champs-Élysées, is a short walk south; the Faena District and its Rem Koolhaas-designed Faena Forum lie a little to the north. Miami International Airport is roughly 10 miles away — about 20 to 30 minutes outside rush hour, longer during Art Basel week or a convention.
An honest word on the trade-off. This is South Beach, not a hushed residential enclave. The Collins Park end is calmer than the Ocean Drive party stretch a mile south, but the wider neighborhood is dense, walkable by design, and loud in season; parking is genuinely scarce, and spring brings crowds.
Buyers who want silence buy elsewhere. Buyers who want to live inside Miami Beach's cultural life — steps from the museum, the ballet, and the sand — are shopping for the right luxury condos for sale in Miami Beach.
A Weekend in Collins Park
A weekend here doesn't announce itself early. The cultural end of Collins Avenue is slow before ten; joggers and dog-walkers have the boardwalk to themselves while Ocean Drive, a mile south, is still sleeping off the night before.
- By mid-morning, The Bass opens its doors, and the park fills with people who have photographed Miami Mountain a hundred times and still stop to do it again.
- Across 22nd Street, if the timing is right, you can watch Miami City Ballet rehearse through the studio's glass wall — a free performance most visitors walk straight past.
- Lunch pulls you toward Lincoln Road, good for people-watching and bad for a quiet table; the street performers and the foot traffic are the point, not a flaw in it.
- Afternoons belong to the water and the restored pool — the one that made the magazine covers.
- By evening, the choice is between staying in — a Rosewood table, a martini at the rebuilt bar — and drifting north to the Faena District, where the Faena Forum programs everything from chamber music to Art Basel afterparties.
In December, the whole neighborhood tilts toward the fair, and those calm Collins Park mornings briefly vanish under a week of collectors, galleries, and valet lines.
The rest of the year, the trade is quieter and better: a cultural village with a beach at the end of the street.
The Investment Case
The case rests on three things that are hard to replicate: a branded residence, an oceanfront site, and a restored landmark.
- On the first, the data is consistent — according to the Knight Frank Branded Residences Report, branded homes command an average premium of roughly 31% over comparable unbranded product in the same market, a premium that has tended to hold in hospitality-led markets like Miami Beach.
- On the second, genuinely new oceanfront sites in South Beach are effectively gone; this three-acre assemblage exists only because three historic hotels were combined into one parcel of Miami Beach real estate.
It helps to name the competition. The Raleigh's nearest rival is the Shore Club Private Collection, a mile north at 1901 Collins — an Auberge-branded condo and hotel by Witkoff and Monroe Capital, reported to be close to sold out, with a penthouse said to be under contract for over $120 million. Further along the beach, Aman Residences Miami Beach leans on Aman's serenity-and-wellness identity, while Faena House remains the resale benchmark for ultra-luxury price-per-foot on this coastline.
What separates The Raleigh from all three is heritage: Shore Club, Aman, and Faena House are essentially new buildings, whereas The Raleigh wraps a Rosewood-branded tower around the actual 1940 hotel and its famous pool — a piece of Miami Beach history that cannot be built from scratch.
There are real risks to weigh. These are pre-construction condos in Miami Beach being relaunched under new ownership; the delivery timeline has been pushed back, and the design is still being refined. For buyers comfortable with pre-construction in exchange for early pricing on a genuinely scarce asset, that is the trade.
Frequently Asked Questions
When will The Raleigh, A Rosewood Hotel and Residences be ready?
It is pre-construction. Site and groundwork are complete, but the residential tower has not yet gone vertical, and the timeline shifted when the project changed hands. Confirm the current delivery date directly with the sales team rather than relying on earlier marketing dates.
Can the residences be rented out?
Rental rights, including any short-term or seasonal use, depend on the HOA documents, which are being finalized under the new ownership. With a Rosewood-branded address on the beach, executive and seasonal rental demand is expected to be strong, but buyers with investment intent should get the specific policy in writing before signing.
What is the difference between the standard residences and the penthouses?
The standard homes run two to five bedrooms across the tower's main floors, while the penthouses crown the building with the largest layouts and the broadest ocean exposure. The lower-to-mid collection prioritizes scale and value per foot; the penthouse tier prioritizes altitude, privacy, and statement square footage.
Who designed the interiors?
The residences were conceived by Peter Marino, the architect behind global flagships for Chanel, Dior, and Louis Vuitton, with Kobi Karp as architect of record. Because the design is being refined under the new ownership, the final interior package should be confirmed with the sales team before the contract is signed.
Who is the developer, and what is their track record?
The current owner is Nahla Capital, a New York private real estate firm that acquired the estate in late 2025. Its portfolio centers on landmark, design-led, brand-partnered projects, which is the relevant experience for a property of this kind; as with any pre-construction purchase, independent legal and financial due diligence is recommended.
Is The Raleigh a sound investment?
Three structural factors support long-term value: a hotel-branded residence operated to Rosewood standards, a direct oceanfront parcel in a market where new beachfront sites are essentially exhausted, and the rarity of owning a restored 1940 Art Deco landmark rather than a new build. The counterweight is a pre-construction risk on a project that has already changed hands — a trade each buyer should price for themselves.
How does it compare with other branded residences on Miami Beach?
Its closest peers are the Auberge-branded Shore Club, Aman Residences Miami Beach, and Faena House — each excellent, each essentially new construction. The Raleigh's distinction is that it builds around an actual historic hotel and its iconic pool; for a detailed side-by-side, contact Bogatov Realty directly.
The Raleigh has outlasted a hurricane, a pandemic, a stalled billion-dollar plan, and a change of owner — and it is still standing on the best three acres in South Beach, with its pool intact and its name back in lights. The building that hosted everyone is finally letting a few people stay.
"The guests still check out at noon. You don't."
To explore floor plans or compare The Raleigh with other oceanfront listings in Miami Beach, contact a Bogatov Realty advisor or submit an inquiry on this page. Prices, unit counts, design, and timelines reflect publicly reported information as of June 2026 and are subject to change as sales re-launch under new ownership.