Before You Buy at the Ritz-Carlton Residences, West Palm Beach

New Developments

Before You Buy at the Ritz-Carlton Residences, West Palm Beach

Nikko Karki
Nikko Karki September 20, 2026
A contract at the Ritz-Carlton Residences is signed against a tower that already exists in steel and concrete, at least in part. Construction began in February 2026 toward keys targeted for 2028, so the buyer's homework here is different from the paper stage projects up the pipeline. Less of the risk sits in whether the building happens. More of it sits in the documents, the deposit schedule and the monthly cost of the service the Ritz-Carlton flag promises. This guide walks those checks in order.
Targeted Keys
2028
Work has run since February 2026 under the October 2024 approval
The Entry
From $3M
Confirmed on the project's own site as the published start
The Window
15 days
The state's cancellation right on a new condominium contract
Residences
138
Sold by the developer venture's sales team

Where the Project Stands

The building page carries the project's short paper trail. October 2024 brought the planning board's approval, the financing closed, and work started in February 2026. Our story of the project covers the developers and the concept in full. For a buyer the stage matters more than the story: deposits here fund a building already rising, staged against construction milestones until the closing arrives.

The developer venture sells the building through its own sales team. Buyer representation sits on your side of that table. The developer pays our fee at this project, so our advice costs you nothing. Our county guide to new construction purchases holds the general mechanics, and the calendar below applies them to this tower.

A Purchase in Mid Construction
Where a contract signed this season lands on the project's own calendar. The wait to keys is measured in construction, not in permits.
The project calendar from planning approval to targeted keysOct 2024Planning approvalThe city's board clears the towerFeb 2026Construction startFinancing closed, work under waySep 2026You are herePublished lines on the open feed2028Keys targetedThe contract's provisions governThe project calendar from planning approval to targeted keysOct 2024Planning approvalThe city's board clears the towerFeb 2026Construction startFinancing closed, work under waySep 2026You are herePublished lines on the open feed2028Keys targetedThe contract's provisions govern
  • September 2026 · where a buyer enters
  • 2028 · the developer's targeted delivery

Project dates per the building page, September 2026: planning approval October 2024, construction start February 2026, delivery targeted for 2028. Targets move, and the purchase agreement's provisions control.

Fifteen Days That Matter

Florida's statute gives the buyer of a new condominium fifteen days, once the contract is signed and the documents are in hand, to cancel without penalty or negotiation. Once the window closes, the developer's agreement controls nearly everything that follows. Spend the days on the papers that govern. The unit plan, the square footage and the specification schedule attached to the contract are binding. The renderings and finish samples are marketing.

Read the outside completion date and its remedies with your attorney, because that clause matters more than the marketed year. Title belongs on the same fifteen day clock, and our Florida property holding guide maps the structures for counsel to tailor.

Locked at Signing, Open Until Keys
The ledger a signature closes here, and the questions only delivery answers.
Fixed at Contract
Still Open
The residence
Your line, plan and price under the developer's agreement
Finish selections the documents keep in the developer's hands
The calendar
An outside completion date and its remedies
The actual delivery day, which construction sets
The money
The deposit timetable written into your agreement
Dues, taxes and insurance, which start at closing
The service
The staffing model the documents describe
The assessment that funds it, projected until the budget is final
The exit
The assignment provisions as written
A resale market, since no resale record exists before delivery

Source: the developer's published materials, September 2026, subject to change. Your agreement and attorney confirm every term.

The Assessment Question

The service layer is the purchase's defining promise, and it arrives as a monthly line item. Projected assessments have not been published. Branded residences across South Florida run to higher assessments than unbranded peers, since the fee pays for brand standard staffing, training and licensing along with reserves and insurance. Cove Club membership rides with ownership, and that private waterside club sets its own terms. Ask us for the developer's projected budget on any line you are weighing, because that number belongs in your arithmetic before the window closes.

Two more costs start at closing rather than at contract. Dues, taxes and insurance begin when you take title, so budget them from the delivery date. Our county property tax guide covers the assessment reset that follows any new construction closing.

Rentals, Resale and the Contract

Two provisions deserve reading even if you never expect to use them. Rental policy lives in the condominium declaration, which is typically finalized closer to closing. Branded projects in the region have historically permitted rentals with minimum lease terms, and the version that binds this building arrives with its documents. Assignment is the second. Many developers restrict resale before closing, so if flexibility matters, confirm the position in writing before signing.

On resale itself the honest statement is short. No resale record exists yet, because the building has not delivered. What a residence here is worth at delivery will be set by the market at that time, not by the contract price paid today.

What Is Published Now

Availability runs on two tracks. The open feed carries three published residences this week, in the table below with their pages linked. The developer releases the rest through the sales gallery at Royal Poinciana Plaza, over the water in Palm Beach, where pricing moves as lines sell. A gallery visit answers for current availability. The written agreement that follows is what binds.

Published availability, this week
The three residences on the building page's open feed for the tower at 1717 North Flagler Drive. Asking prices, not recorded results.
← Scroll to see all columns →
ResidenceBedsSFAsking
Residence 270254,990$14.5M
Residence 260143,331$9.7M
Residence 260633,244$8.4M

The building page's live feed, September 14, 2026. The developer releases further lines through the sales gallery, so the feed is a floor on availability, not the whole of it.

What Else the Money Buys

This budget has neighbors, and seeing them sharpens the decision. Olara up the street opened from a reported $1.7M with resort amenities and no flag. Alba delivered in 2026 and already trades on a recorded ledger. Mandarin Oriental in Northwood asks a longer wait for a rival brand, and Ritz-Carlton Palm Beach Gardens puts the same flag on a marina instead of a tower. The pipeline page holds the full field, and the developer's official site carries the project's current program.

Bring Your Own Advisor

The gallery can tell you about the building. We tell you about the market around it. We know how each release has moved, what competing projects offer, and where the leverage sits. We arrange private presentations around your schedule, negotiate terms and incentives, and help you choose the right residence.

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Project facts, dates and the published listings follow our Ritz-Carlton Residences building page as cached on September 14, 2026. The developer identity was confirmed against the project's official site the same day. Published pricing is the developer's, all asking, with no recorded closings because the building has not delivered. Florida's fifteen day rescission period for new condominium purchases comes from the state's condominium statute and is described here at a general level. The developer's contract governs each purchase, and your attorney confirms every term, amount and date for your agreement. As real estate agents we coordinate with your counsel and are compensated by the developer at this project.

This is buying-process guidance, not legal or investment advice.

The Ritz-Carlton Residences building page on this site and the project's official site (theresidenceswestpalmbeach.com), both checked September 14, 2026.

Florida's published condominium framework.

Palm Beach Luxury: our story of the project, with the deed structures and county new construction guides.

Nikko Karki
Written by

Nikko Karki

Nikko Karki has worked in real estate for nearly two decades, beginning on the developer side at Related Group in West Palm Beach, then through private real estate investments and cross-border M&A across the U.S., Europe, and Southeast Asia. He holds an M.Sc. in economics from the Helsinki School of Economics. He built Palm Beach Luxury to make his analysis available to anyone in the market, for free.
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Frequently Asked Questions
Yes, within the fifteen day rescission period Florida grants on new condominium purchases, which starts once you have signed and received the condominium documents. Inside that window the contract unwinds without penalty. After it closes, the developer's agreement governs, so the document review belongs inside those days.
Purchases run on a staged deposit schedule, with instalments tied to construction milestones through to closing. The building has been under construction since February 2026 toward a 2028 target. Confirm the schedule and the escrow arrangements in the purchase agreement with your attorney.
Projected assessments have not been published. Branded residences in South Florida carry higher assessments than unbranded buildings, because the fee funds Ritz-Carlton staffing, Cove Club membership and Marriott Bonvoy enrollment along with reserves and insurance. We obtain the developer's projected budget for any unit.
Rental policy is governed by the condominium declaration, which is typically finalized closer to closing. Branded projects in the region have historically permitted rentals with minimum lease terms. Buyers who plan to rent should review the rental framework with counsel before the rescission window closes.
Palm Beach Luxury

Every article we write is built on the same research we use to advise our clients. If anything here sparked your interest, we'd welcome a conversation.

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