The luxury brand has transformed from popular hotels to in-demand residences. With projects already moving in Pompano and West Palm Beach, this new Intracoastal waterfront development in Palm Beach Gardens is worth watching.
Key Takeaways
- The Ritz-Carlton Residences, Palm Beach Gardens, includes 106 units across three six-story buildings on the Intracoastal Waterway, with pricing from $3.8 million to over $10 million.
- Developer Catalfumo Companies broke ground in January 2024, and the project was 40% sold at topping off in January 2025.
- Spring 2026 delivery is targeted, with a general manager already appointed to oversee operations.
The Ritz-Carlton Residences, Palm Beach Gardens, has entered its final construction phase. According to Florida YIMBY, the 106-unit development at 2200 PGA Boulevard is targeting spring 2026 delivery. Interior work is underway across all three buildings, including appliance installation, drywall, and millwork.
Developer Catalfumo Companies is building on what it calls "the last 14 contiguous acres of Intracoastal waterfront in Palm Beach Gardens." That scarcity claim is not marketing language. It is accurate.
What is the Ritz-Carlton Residences, Palm Beach Gardens?
Location: 2200 PGA Boulevard, Palm Beach Gardens, on 14 acres of Intracoastal waterfront.
Size: 106 residences across three six-story buildings (East, North, and South Tower). Units range from three to five bedrooms in estate-style floor plans.
Pricing: $3.8 million to over $10 million for the Estate Collection residences.
Amenities: Over 20,000 square feet of amenities, including an infinity pool, 12 cabanas, Lighthouse Lounge, two private dining rooms, game room, kids club, guest suites, and wellness center.
Marina: A 29-slip private marina with over $100 million invested in marina infrastructure. This is a significant differentiator for boating-oriented buyers.
Design team: Architecture by Spina O'Rourke + Partners. Hospitality interiors by Susurrus. Residential model interiors by Decorators Unlimited. General contractor: Seawood Builders.
This is not a hotel. It is 100% residential, managed by The Ritz-Carlton.
Where does construction stand?
Catalfumo Companies broke ground in January 2024. The project topped off in January 2025 at 40% sold. Current sales velocity has not been disclosed, which is worth noting.
A general manager has been appointed: Monique Nussbaum, with 25 years of Ritz-Carlton and luxury residential experience. You typically do not hire a GM this far in advance unless you have a delivery date you are confident in. This is a positive signal.
Interior work is advancing across all three buildings. Spring 2026 delivery remains on track.
Interested in branded luxury residences in Palm Beach Gardens? Talk to a real estate agent near Palm Beach Gardens who understands how pre-construction pricing compares to delivery inventory. Reach out to The Mastropieri Group or call (561) 556-9853.
How is the Ritz-Carlton performing across South Florida?
The Ritz-Carlton brand is everywhere right now. Branded residences are performing well across the region, and The Ritz-Carlton seems to be leading the pack.
The Ritz-Carlton Residences in Pompano Beach is nearly sold out before completion. The Ritz-Carlton Residences in West Palm Beach (Related + BH Group, 138 units on North Flagler) is over 70% presold, with prices starting at $3 million. Now, Palm Beach Gardens is in the mix.
As Larry Mastropieri noted on the Discover South Florida Podcast: "I saw the performance in Pompano and was honestly impressed. They sold so much at high dollar amounts so quickly. That tells you there is serious demand for this level of branded luxury product."
Mastropieri added, "If you want every amenity you can think of, the Ritz brand is delivering that. I toured the Ritz in Pompano, and the amenities were crazy. I'm sure Palm Beach Gardens and West Palm are going to be in that same conversation."
What does this mean for PGA Boulevard?
PGA Boulevard is increasingly becoming a luxury residential and hospitality destination. The Ritz-Carlton delivery reinforces that positioning.
This is not happening in isolation. Joe Lubeck recently acquired the Embassy Suites on PGA Boulevard for $40 million. Henderson Park purchased PGA National for $425 million. Major private capital is consolidating the corridor.
The delivery of 106 Ritz-Carlton-branded residences validates Palm Beach Gardens' repositioning as a luxury residential market. The private marina (29 slips) adds a marine amenity that will attract boat-owning buyers who are currently looking at Admirals Cove in Jupiter or Palm Beach Island. This is a new option in a previously underserved location.
West Palm Beach has been winning big with luxury towers and investment. Now the northern corridor is following.
What should buyers know?
If you have been watching this project, delivery is imminent. Remaining inventory at delivery often comes with negotiating leverage that pre-construction pricing does not.
The 40% sold figure from January 2025 is 15 months old. If velocity has accelerated, this project is a success story. If it has stalled, the remaining units hitting the market simultaneously could create pricing pressure. That number matters, and it has not been disclosed.
At $3.8 million to $10 million, buyers at this tier are often cash or low-leverage, which reduces interest rate sensitivity. But financing conditions still affect the broader wealth effect.
All the Ritz-Carlton Residences across South Florida
The Ritz-Carlton brand has expanded rapidly across South Florida. Here is where each project stands:
Ritz-Carlton Residences, Pompano Beach: 200 units on the oceanfront. Under construction with a 2026 delivery. Nearly sold out before completion. Read our Pompano Beach construction update.
Ritz-Carlton Residences, West Palm Beach: 138 units at 1717 North Flagler Drive. Pre-construction with 2027 delivery targeted. Over 70% presold. Developer: Related Companies and BH Group.
Ritz-Carlton Residences, Palm Beach Gardens: 106 units at 2200 PGA Boulevard on 14 acres of Intracoastal waterfront. Under construction with spring 2026 delivery. 40% sold at the topping off. Developer: Catalfumo Companies.
Ritz-Carlton Residences, Sunny Isles Beach: 250 units in a 52-story oceanfront tower. Completed in 2019. Resales available.
Ritz-Carlton Residences, Miami Beach: 111 units in a 15-story building at 4701 North Meridian Avenue. Completed in 2016. Resales available.
Ritz-Carlton Residences, Fort Lauderdale: 83 units plus 6 penthouses in a 23-story oceanfront tower at 3150 Holiday Drive. Under construction with a 2027 delivery targeted.
Watch More on This Topic
Watch: Ritz-Carlton Palm Beach Gardens Segment ・ Full Episode: DSF Live Ep. 76 ・ Last Week's Recap: Ep. 75
Frequently Asked Questions
What is the Ritz-Carlton Residences, Palm Beach Gardens?
The Ritz-Carlton Residences, Palm Beach Gardens, is a 106-unit luxury residential development at 2200 PGA Boulevard. It includes three six-story buildings on 14 acres of Intracoastal waterfront, a 29-slip private marina, and over 20,000 square feet of amenities. Pricing ranges from $3.8 million to over $10 million.
When will the Ritz-Carlton Residences, Palm Beach Gardens, be completed?
Developer Catalfumo Companies is targeting spring 2026 delivery. The project broke ground in January 2024 and is now in its final construction phase with interior work underway across all three buildings.
Who is developing the Ritz-Carlton Residences in Palm Beach Gardens?
Catalfumo Companies, led by Daniel Catalfumo, is developing the project. The firm has over 50 years of Palm Beach County development history. Seawood Builders is the general contractor.
Does the Ritz-Carlton Palm Beach Gardens have a marina?
Yes. The development includes a 29-slip private marina with over $100 million invested in marina infrastructure. This is a significant differentiator for boating-oriented buyers looking at Palm Beach Gardens.
How does this compare to other Ritz-Carlton projects in South Florida?
The Ritz-Carlton Residences in Pompano Beach is nearly sold out before completion. The Ritz-Carlton Residences in West Palm Beach is over 70% presold. Palm Beach Gardens was 40% sold at the topping off in January 2025. All three projects reflect strong demand for branded luxury residences in the region.
Local help for buyers and investors in Palm Beach Gardens
If you are buying, selling, or investing in Palm Beach Gardens, Jupiter, or anywhere along the PGA Boulevard corridor, understanding how branded residences and luxury waterfront pricing work matters. Reach out to The Mastropieri Group, Realtors®.
For practical, hands-on support across Palm Beach Gardens, call (561) 556-9853.
Posted by Larry Mastropieri
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