Baccarat Residences Miami

Related Group, paired with institutional capital partner GTIS Partners, is developing a 75-story, 360-unit tower at 99 SE 5th Street on the Miami River in Brickell. Arquitectonica is the architect of record, with Meyer Davis Studio handling interiors — a pairing with a long track record in this submarket. The building carries the Baccarat name, with SH Hotels & Resorts handling day-to-day management and service.

The project is under construction, financed by a $328M construction loan from Bank OZK that closed in March 2024. Closing is stated as 2028. No sell-through percentage is published anywhere in the evidence, so how much of the building is actually spoken for cannot be confirmed from this file — a gap worth asking the sales office to close directly.

Unit sizes span a wide range, from 1,386 to 9,074 square feet — enough breadth to cover a single professional's pied-à-terre and a full-floor residence in the same building. The developer's own material describes panoramic views of Biscayne Bay, the Miami River, and the Miami skyline from every residence.

What is not published: price-from, price-to, or a per-square-foot figure. The broader Brickell submarket runs $1,500–$2,600 per square foot, but with no confirmed price for this building, that band cannot be used to judge where Baccarat sits within it. Ask the sales team for the current price list and floor plans directly — this is the single most important disclosure still missing.

The amenity list runs deep and formal: a Grand Salon and Clubroom with bar, billiards and catering kitchen; a planned 10,000-square-foot waterfront restaurant with a private dining room and Chef's Kitchen; a private screening room, wine cellar and tasting room, and gourmet market; and a curated art collection through the public spaces. Wellness includes a fitness center curated by Altitude Fitness with cardio theater, spin and yoga rooms, plus a Baccarat Spa and a separate Hammam spa with men's and women's steam and sauna facilities. Families get a game room and children's playroom; residents get 24-hour valet, private elevator banks, and two elevators opening directly into each residence.

The address sits directly on the Miami River in Brickell, with a private marina and landscaped riverwalk cited in the amenity package, and the Fifth Street Metromover station is a two-minute walk. The one specific counterweight on file: Viceroy Brickell, a 45-story tower to the west that opened in May 2026, is noted as having a partial view impact — real but limited, not a full blockage.

Related Group, founded in Miami in 1979, is one of the market's most established condo sponsors, and here it is paired with GTIS Partners as institutional capital partner — a combination that supports confidence in both delivery and financing. Related's full delivered-tower count in Miami-Dade is not verified in this file, which is a research gap rather than a mark against the firm.

The Baccarat brand and SH Hotels & Resorts management bring a service standard and resale recognition that carries weight independent of the sponsor.

Deposits run 10% at contract, 10% two months in, 10% at six months, 10% at top-off, and the 60% balance at closing, stated as 2028. Florida statute escrows the first 10% of deposits collected before closing; the escrow arrangement for the remaining 30% collected ahead of that date is not published here and is worth asking for directly.

The rental policy on file — a 30-day minimum lease, up to three rentals per year — is drawn from a project summary rather than the condominium declaration or prospectus, so treat it as indicative until confirmed against the governing document.

Delivery scores 8: the tower is under construction with a named $328M loan in place, and no delay history is on file. Location scores 7 — genuine Brickell riverfront with marina and Metromover access, discounted only by the partial view impact from Viceroy Brickell to the west. Developer scores 7, reflecting Related's pedigree and GTIS's institutional backing, offset by an unresolved dispute tied to a different Related project (detailed on the filings panel, not this building). Liquidity scores 8 on brand strength and unit-size breadth; market momentum scores 7.5 on financing and pedigree, though sell-through is unconfirmed. Buyer protection scores 7, reflecting normal stage-adjusted deposit exposure with an open question on escrow terms beyond the statutory floor. Value cannot be scored — no price is published.

This fits a buyer working on a multi-year hold who wants brand, design pedigree, and a funded construction timeline, and who is comfortable committing before price is confirmed. It does not fit a buyer who needs $/sf certainty or a known sell-through rate before acting.