13th Floor Investments and Midtown Equities Plan Casa Cipriani Condo Hotel in Miami Beach

• 13th Floor Investments and Midtown Equities are developing a 59-unit condo hotel in Miami Beach
• The project includes 23 condos and 36 hotel keys with Cipriani branding
• The development is backed by $55.5 million in financing

What 13th Floor Investments and Midtown Equities are planning in Miami Beach

A new luxury condo hotel project is being proposed at 3611 Collins Avenue in Miami Beach. The development is a joint venture between 13th Floor Investments and Midtown Equities. The project, branded as Casa Cipriani, will rise 19 stories and deliver a total of 59 units, including 23 condominiums and 36 hotel keys. The development will replace two existing hotel properties on a 1.1-acre site. This marks another expansion of the Cipriani brand in Miami, following previous large-scale developments in the market.

What the concept and branding signal for investors

The project blends residential and hospitality components, a model that continues to gain traction in South Florida. Units will feature high-end finishes, including Italian cabinetry and elevated ceiling heights, aligning with luxury buyer expectations. Amenities will include a pool, fitness center, spa, and Cipriani-branded dining and club spaces. These features are designed to create a full-service lifestyle experience that can command premium pricing. The developers have secured $55.5 million in financing, with total project costs expected to exceed $100 million.

What this means for Miami Beach development

Miami Beach continues to attract branded residential and hospitality projects as developers target high-net-worth buyers and international demand. Mixed-use condo hotel formats provide flexibility for both ownership and short-term use, increasing appeal for investors and buyers. Projects like Casa Cipriani reflect ongoing confidence in Miami Beach as a global luxury destination.

What to watch as the project advances

The project is still in the proposal phase, with further approvals and timelines yet to be announced. As development moves forward, pricing, branding execution, and absorption will be key indicators of success in the competitive Miami Beach market.