Bulgari Residences, Miami Beach

Nothing is for sale here yet. Bulgari Hotels & Resorts and the developer, Blue Horizon Group, have announced a hotel of about 100 rooms, most of them suites. Bulgari's own property page describes rooms only, and no for-sale residential component has been published by either party. Avory holds this as a watch rather than a sale. If residences are released, the ownership structure, the size, the floor plan and the price will be confirmed for the specific residence before you commit.

There is no owner use to allocate, because there are no residences. Once the hotel opens, Avory books rooms and suites through Bulgari Hotels & Resorts, subject to availability. If a residential component is released later, the nights an owner may use, any rental programme, the minimum stay and the house rules will be set by the condominium and hotel operating documents, and we will put those rules in front of you in writing before you commit.

No service charge, no annual fee and no reserve figure has been published, because no residence has been offered. Two costs are fixed by law rather than by the developer. Florida charges ad valorem property tax on assessed value, at rates set each year by Miami-Dade County and the City of Miami Beach. On a transfer in Miami-Dade County, documentary stamp tax runs at 60 cents per $100 of the price, plus a surtax of 45 cents per $100 on anything other than a single-family dwelling.

The published programme is a hotel programme: an outdoor pool, a spa and fitness facilities, and a restaurant and bar overseen by chef Niko Romito, whose kitchens run through the rest of the Bulgari houses. The list below carries what Bulgari and the developer have confirmed so far. Anything not on that list is not yet public, and we will not guess at it.

This is a restoration of the Seagull Hotel, a seven storey oceanfront building completed in 1950 in a mix of Art Deco and Miami Modern, and a contributing building in the National Register architectural district. ACPV Architects Antonio Citterio Patricia Viel, the studio behind every Bulgari house since Milan, leads the restoration and the interiors. The old 178 room hotel becomes about 100 larger rooms and suites. The approved scheme adds two floors, taking the building to nine storeys, and adds about 13,472 sq ft at ground level. In May 2025 the developer found the foundation unsound, so most of the shell comes down while the north facade is propped and kept.

The site is oceanfront at 21st Street, on the block east of Collins Avenue, with The Setai and its Dempsey-Vanderbilt building alongside and W South Beach close by. The city beachwalk runs along the front. As part of the approvals the developer agreed to pay Miami Beach $7.4 million to vacate a strip of right of way there, to fund beachwalk improvements, and to keep public access across it. Bulgari describes the position as a few steps from the Art Deco district, which runs south along Ocean Drive. Miami International Airport is the nearest international gateway.

Bulgari and Blue Horizon Group revealed the scheme in December 2020 with a 2024 opening. The Miami Beach planning board backed the height increase in April 2021 over objections from The Setai, whose owners then sued the city in 2022. A Miami-Dade circuit judge dismissed that case in 2023. In May 2025 the Historic Preservation Board approved the revised demolition and the new foundation, which the developer's lawyer said would cost almost a year. Bulgari now gives 2029 and calls Miami Beach the twelfth property in the collection. Trade trackers still record the scheme as announced rather than under construction in September 2026.

Avory deals with the developer's office at Blue Horizon Group in London and with Bulgari Hotels & Resorts. Enquire and we register your interest, send you the approved scheme and the current programme, and tell you the day a residential component is released, if one ever is. We cannot offer you a residence, a price or a place in a queue today. Hotel stays once the house opens are arranged subject to availability. Request access.