The Ritz-Carlton Residences

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✓Verified 25 September 2026Broward County Property Appraiser, The Real Deal, Florida YIMBY +11 more14 sources

Sources

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The Ritz-Carlton Residences, Pompano Beach — side-by-side elevation of the 14-story Marina Tower and 32-story Beach Tower on the shoreline

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The Ritz-Carlton Residences, Pompano Beach — aerial view of the Beach Tower's oceanfront pool deck and lounge areas

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The Ritz-Carlton Residences, Pompano Beach — aerial site plan showing both towers, pools, and the private marina and beach

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The Ritz-Carlton Residences, Pompano Beach — curved private balcony of a Beach Tower residence overlooking the ocean and pool deck

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The Ritz-Carlton Residences, Pompano Beach — living and dining area of a Beach Tower residence with floor-to-ceiling ocean views

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The Ritz-Carlton Residences, Pompano Beach — kitchen of a Beach Tower residence with a marble island and ocean view

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The Ritz-Carlton Residences, Pompano Beach — primary bathroom of a Beach Tower residence with a freestanding tub and ocean view

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The Ritz-Carlton Residences, Pompano Beach — corner balcony of a Marina Tower residence overlooking the Intracoastal at sunset

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The Ritz-Carlton Residences, Pompano Beach — outdoor terrace of a Marina Tower residence overlooking the ocean

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The Ritz-Carlton Residences, Pompano Beach — kitchen and dining area of a Marina Tower residence at dusk

The Ritz-Carlton Residences, Pompano Beach is a two-tower condominium under construction at 1380 South Ocean Boulevard. A 32-storey Beach Tower and a 14-storey Marina Tower hold 205 residences, developed by Fortune International Group and Oak Capital. As of 12 June 2026, The Real Deal reported that only three units remained for sale; I have not found a later count.

Florida YIMBY reported on 18 October 2025 that exterior glass, handrails, stucco and first-coat paint were complete and that both tower cranes had been dismantled. The Real Deal reported on 12 June 2026 that completion is scheduled for September 2026. I have not found a source that reports completion, a certificate of occupancy or first closings as of 25 September 2026, and Fortune’s own project page still shows 2025 as the completion date (read 25 September 2026).

By Josh Stein — Miami real estate sales associate, Florida license SL3057661. Selling Miami luxury property since 2002, with more than $1 billion closed.

What is actually being built at The Ritz-Carlton Residences?

Two towers on a single oceanfront-to-Intracoastal site: the 32-storey Beach Tower with 117 residences and the 14-storey Marina Tower with 88 — 205 residences in all, per Fortune International Group’s project page, The Real Deal and Florida YIMBY. The developer’s own website lists 112 residences and 4 penthouses in the Beach Tower and 84 and 4 in the Marina Tower, which adds up to 204; I have not found a source that explains the difference. Revuelta Architecture International designed the towers, Lissoni & Partners handled the interiors and landscape concept, and Moss Construction is the general contractor (Florida YIMBY, 22 November 2022 and 18 October 2025). The developers describe more than 35,000 square feet of amenities, and the developer’s website lists 13 boat slips for sale exclusively to owners at the Marina Tower.

The developers named in the trade press are Fortune International Group, led by Edgardo Defortuna, and Oak Capital, led by Ricardo Dunin; the developer’s website also names Fairwinds Group. The Broward County owner of record is 1380 Ocean Associates, LLC, the same entity the developer’s website says uses the Ritz-Carlton marks under licence. The Real Deal reported on 30 September 2020 that Fortune paid $27.5 million to Lionheart Capital for the 4.6-acre site, which was then approved for a 30-storey and a 12-storey building with 239 residences. The Ritz-Carlton plan is 32 and 14 storeys with 205 residences, and I have not found a source that describes the approvals in between.

On the brand: the developer’s website says the residences are not owned, developed or sold by The Ritz-Carlton Hotel Company, L.L.C. or its affiliates, that 1380 Ocean Associates, LLC uses the Ritz-Carlton marks under a licence from Ritz-Carlton, and that Ritz-Carlton has not confirmed the accuracy of the statements on the site. Edgardo Defortuna told The Real Deal (12 June 2026) that the developers persuaded Ritz-Carlton to put its brand on the project. I have not found a statement about this project from Ritz-Carlton or Marriott itself.

Where Construction Stands

Sales launched in December 2021 (The Real Deal, 13 December 2021). The groundbreaking was announced in November 2022 (Florida YIMBY, 22 November 2022); PROFILEmiami carried the announcement on 8 December 2022, and its earlier report of 20 September 2022 said only that the developers planned to break ground that fall. The later record is split. Commercial Observer wrote on 22 December 2023 that construction would commence that month, and The Real Deal wrote on 26 December 2023 that it started that year, while South Florida Business Journal wrote on 22 December 2023 that the developers broke ground in November 2022 (developer’s press archive). The sources conflict and I have not reconciled them — ask the developer for the notice-to-proceed date. In December 2023 the developers announced a $259 million construction loan from Bank OZK, with more than 90 percent of the building presold.

Florida YIMBY reported on 18 October 2025 that aerial photographs taken in late September showed both towers with their facades nearly fully enclosed, and that the general contractor’s senior superintendent had posted about a week earlier that exterior glass, handrails, stucco and first-coat paint were complete, both tower cranes had been dismantled and the exterior landscaping was finished. YIMBY added that his remarks likely reflected more advanced progress than the photographs. I did not read the post itself. On 12 June 2026, The Real Deal reported that only three units remained for sale and that completion was scheduled for September.

I have not found a source that reports completion, a certificate of occupancy or first closings as of 25 September 2026. I have also not found City of Pompano Beach permit or occupancy records for this address.

What the County Record Shows

As of 25 September 2026 the Broward County Property Appraiser shows three folios in the name of 1380 Ocean Associates, LLC. Folio 494306580010 (1380 South Ocean Boulevard, Parcel A of the BF Pompano plat) is 98,195 square feet coded vacant residential, with a 2026 market value of 17,675,100 dollars, up 38.5 per cent from 12,765,350 dollars in 2025; the land rate moved from 130 dollars to 180 dollars a square foot. Folio 494306580020 (1381 South Ocean Boulevard, Parcel B) is 90,063 square feet, also coded vacant residential, at 130 dollars a square foot and 11,708,190 dollars since the 2021 roll. Folio 494306000320 is 12,763 square feet of submerged land at 127,630 dollars. Together that is 201,021 square feet, about 4.6 acres, and 29,510,920 dollars of market value for 2026.

The building value is zero on all three folios and the county roll shows no unit folios, so it carries no unit count, no floor area and no unit sales history for either tower. I have not found a source that says when the appraiser will value the structures.

The most recent sale on all three folios is dated 28 September 2020 at 27,500,000 dollars under a Multi Warranty Deed and is flagged Disqualified Sale, the county’s label for sales it does not count as arm’s-length; I have not found a source that says why this one was flagged. Earlier sales on the roll, from 2005 to 2013, are not used here. The Real Deal reported the same figure on 30 September 2020 as the price Fortune paid Lionheart Capital. The 2020 tax roll named 1380 S Ocean Boulevard FL LLC as owner; from the 2021 roll the owner is 1380 Ocean Associates, LLC, and I have not found a source for the change of name.

The Slip, and the Stale Date

The published completion date has moved once, from 2025 to 2026. 2025 is the date in The Real Deal’s December 2021 launch report, Florida YIMBY’s November 2022 groundbreaking report and, on 22 December 2023, Commercial Observer and South Florida Business Journal. 2026 is the date in The Real Deal’s report of 26 December 2023, which cites the loan release, and again in its 15 January 2025 pipeline map and Florida YIMBY’s October 2025 report. The Real Deal’s 12 June 2026 report narrows it to September 2026. So the December 2023 coverage of the same loan already disagreed on the year.

On the Miami Pre-Construction Delivery Tracker, 22 of 38 towers have slipped and the total is 33 slips — an average of 1.5 slips per slipped tower, against one documented slip here.

The stale date is worth flagging, though. Fortune International Group’s own project page still lists 2025 as the completion date when I read it on 25 September 2026, although The Real Deal reported on 12 June 2026 that completion is scheduled for September 2026. The developer’s website pages I read carry no completion date. Work from the current sales contract, not the website.

What to Watch Before You Sign

• Very little inventory was left at the last count. Three units as of 12 June 2026 (The Real Deal); I have not found a later count or a current price list. Ask me what is available and on what terms.
• Completion is scheduled for September 2026 (The Real Deal, 12 June 2026), which changes your diligence. Ask for the projected association budget, the reserve study and the insurance placement in writing.
• Confirm the completion date against the contract, not Fortune’s project page, which still lists 2025 (read 25 September 2026).
• The Ritz-Carlton name is used under a licence. The developer’s website says so, and says Ritz-Carlton has not confirmed the accuracy of the statements on it. The term, fee structure and termination provisions have not been published; I have not found them. Ask what sits inside the association budget.

Pompano Beach Around It

Pompano Beach is a Broward County city north of Fort Lauderdale, and The Real Deal’s 12 June 2026 map counts fourteen major real-estate projects underway there. On the same street, at 1350 South Ocean Boulevard, Waldorf Astoria Residences Pompano Beach is a separate 28-storey, 92-residence tower that The Real Deal reports as slated for completion in spring or summer 2027. The same article lists W Pompano Hotel and Residences at 20 North Ocean Boulevard, with completion expected in 2029, and reports Casamar as completed in 2025.

Edgardo Defortuna told The Real Deal that this project is drawing buyers from tax-heavy states such as California and New York, and from Canada (12 June 2026).

In the research: Pompano Beach’s Branded Oceanfront Towers: What Buyers Are Paying Per Foot

The Ritz-Carlton Residences, Pompano Beach — Frequently Asked Questions

I bought pre-construction at The Ritz-Carlton Residences. Can I sell before or at delivery?

It depends on your purchase agreement. Before closing, selling usually means assigning your contract to a new buyer, which developers often allow only with their written consent and sometimes for a fee, so read the assignment clause first. After closing it is an ordinary resale, priced against what similar homes in the building and nearby have actually closed for. If you bought at The Ritz-Carlton Residences and want to know what your unit could sell for at delivery, message Josh Stein on WhatsApp at (305) 695-8257.

Where is The Ritz-Carlton Residences, Pompano Beach?

1380 South Ocean Boulevard, Pompano Beach, FL 33062, on a site running from the ocean to the Intracoastal Waterway, with the Beach Tower on the ocean side and the Marina Tower across South Ocean Boulevard. The Broward County roll shows three folios in the name of 1380 Ocean Associates, LLC, about 4.6 acres in all (retrieved 25 September 2026).

How many residences are there and are any left?

205 across two towers per Fortune International Group and the trade press — 117 in the 32-storey Beach Tower and 88 in the 14-storey Marina Tower. The developer’s own residence pages list 112 residences and 4 penthouses in the Beach Tower and 84 and 4 in the Marina Tower, which adds up to 204; I have not reconciled the two. The Real Deal reported on 12 June 2026 that only three units remained for sale, and I have not found a later count. More than 90 percent were presold when the construction loan was announced in December 2023.

When will it be completed?

The Real Deal reported on 12 June 2026 that completion is scheduled for September 2026. The 2021 launch coverage said 2025, and The Real Deal reported 2026 in December 2023 and January 2025, one documented slip. Fortune International Group’s own project page still shows 2025 (read 25 September 2026). I have not found a source that reports completion as of 25 September 2026; the date that governs your purchase is the one in your contract.

Is construction finished?

Not according to any source I have found. Florida YIMBY reported on 18 October 2025 that exterior glass, handrails, stucco and first-coat paint were complete and that both tower cranes had been dismantled, citing the general contractor’s superintendent. I have found no report of a certificate of occupancy or first closings as of 25 September 2026.

Who is developing it, and is the Ritz-Carlton brand confirmed?

Fortune International Group (Edgardo Defortuna) and Oak Capital (Ricardo Dunin) are named in the trade press, and the developer’s website also names Fairwinds Group. Moss Construction is the general contractor (Florida YIMBY). The developer’s website says the residences are not owned, developed or sold by The Ritz-Carlton Hotel Company, L.L.C., that 1380 Ocean Associates, LLC uses the Ritz-Carlton marks under a licence from Ritz-Carlton, and that Ritz-Carlton has not confirmed the accuracy of the statements on the site. Defortuna told The Real Deal on 12 June 2026 that the developers persuaded Ritz-Carlton to put its brand on the project. I have not found a statement about the project from Ritz-Carlton or Marriott itself.

What does the county roll show for the site?

As of 25 September 2026 the Broward County Property Appraiser shows three folios in the name of 1380 Ocean Associates, LLC, all vacant land with a building value of zero and no unit folios, with a combined 2026 market value of 29,510,920 dollars. The most recent sale on the roll is dated 28 September 2020 at 27,500,000 dollars and is flagged Disqualified Sale; The Real Deal reported the same figure as the price Fortune paid Lionheart Capital.

What else is being built on this stretch of Pompano Beach?

On the same street at 1350 South Ocean Boulevard, Waldorf Astoria Residences Pompano Beach is a separate 28-storey, 92-residence tower that The Real Deal reported on 12 June 2026 as slated for completion in spring or summer 2027. The same article lists W Pompano Hotel and Residences, with completion expected in 2029, and Casamar, completed in 2025.

Sources and further reading

• Broward County Property Appraiser, retrieved 25 September 2026 (folios 494306580010, 494306580020 and 494306000320, owner 1380 Ocean Associates LLC; vacant land, building value $0; 2026 market values; most recent sale 28 September 2020 at $27,500,000 flagged Disqualified Sale; no unit folios)web.bcpa.net
• The Real Deal, 12 June 2026 (Pompano Beach boom map: three units remain, completion scheduled for September, the developer says he persuaded Ritz-Carlton to put its brand on the project; also says the site was acquired in 2022, which the county deed contradicts)therealdeal.com
• Florida YIMBY, 18 October 2025 (late-September photos show facades nearly fully enclosed; the general contractor superintendent reports glass, stucco and first-coat paint complete and both cranes dismantled; Moss Construction; 117 and 88 residences; on track for 2026)floridayimby.com
• Developer website, read 25 September 2026, undated pages (developers named as Fortune International Group, Oak Capital and Fairwinds Group; Ritz-Carlton licence disclaimer naming 1380 Ocean Associates, LLC; 112 plus 4 and 84 plus 4 residences; 13 boat slips for sale to owners; design team)theresidencespompanobeach.com
• Developer press archive, read 25 September 2026 (clippings: South Florida Business Journal 17 November 2022 and 22 December 2023, PROFILEmiami 20 September 2022, Haute Residence 9 May 2023)theresidencespompanobeach.com
• Fortune International Group project page, read 25 September 2026 (205 residences, 32 and 14 storeys, Revuelta Architecture and Lissoni, completion date still shown as 2025)fortuneintlgroup.com
• The Real Deal, 30 September 2020 (Fortune pays $27.5 million to Lionheart Capital for the 4.6-acre site, then approved for 30 and 12 storeys with 239 residences)therealdeal.com
• The Real Deal, 13 December 2021 (sales launch, 205 units, launch prices, completion expected by 2025)therealdeal.com
• Florida YIMBY, 22 November 2022 (groundbreaking announced; over 75 percent sold; completion slated for 2025; Moss Construction is general contractor)floridayimby.com
• PROFILEmiami, dated 8 December 2022 on the page (groundbreaking announcement; the web address carries 20 September 2022, when an earlier release said the developers planned to break ground that fall)profilemiamire.com
• Commercial Observer, 22 December 2023 (Bank OZK $259 million construction loan; construction to commence that month; completion scheduled for 2025; 4.7-acre site)commercialobserver.com
• The Real Deal, 26 December 2023 (Bank OZK $259 million; more than 90 percent presold; construction started that year; completion expected in 2026 per the release)therealdeal.com
• The Real Deal, 15 January 2025 (Broward condo pipeline map: expected to be completed in 2026)therealdeal.com
• Miami Pre-Construction Delivery Tracker, Josh Stein (our dated record of what 38 South Florida towers promised at launch versus what they promise now)joshsteinrealtor.com