St Regis Sunny Isles deposits for the north tower total 50% before closing, paid in four installments over roughly two and a half years. The schedule is set in your purchase contract and can change between releases, so ask our team to confirm the current terms before you reserve.
- St Regis Sunny Isles deposits: 15% at contract
- St Regis Sunny Isles deposits: 15% after 6 months
- St Regis Sunny Isles deposits: two 10% payments a year apart
- St Regis Sunny Isles deposits: 50% balance at closing
How St Regis Sunny Isles Deposits Work
For the north tower, the developer’s contract schedule asks for 50% in deposits before closing, paid in four installments, with the other 50% due at closing:
| Payment | Amount | When |
|---|---|---|
| 1st deposit | 15% | With the purchase agreement |
| 2nd deposit | 15% | 6 months after signing |
| 3rd deposit | 10% | 12 months after the 2nd deposit |
| 4th deposit | 10% | 12 months after the 3rd deposit |
| Balance | 50% | At closing |
On a $5.1 million residence, that is $765,000 at signing, $765,000 six months later, two payments of $510,000 a year apart, and $2,550,000 at closing. Ask our team to confirm the schedule for the specific residence and tower, since terms can differ.
5 Things to Know Before You Buy
- Escrow. Florida condominium law (Chapter 718) requires deposits to be held in escrow. Your contract says whether the developer can use deposits above 10 percent of the price for construction.
- Rescission period. Florida gives buyers of new condominium units 15 days after signing, or after receiving the condominium documents, to cancel. Your contract and attorney will confirm the exact terms.
- Timing. The south tower is scheduled for completion in 2028. Most current inventory is in the north tower, so check the outside completion date in your contract.
- Financing. The final balance is due at closing, either in cash or with a mortgage. Our team can introduce you to lenders that work with international buyers.
- Get it in writing. Ask for the current deposit schedule and offering documents in writing, and have them reviewed by a Florida real estate attorney.
Get the Current Deposit Schedule
Call +1 305 571-6319 or tap the WhatsApp bubble. We send the schedule for the specific residence you are considering, along with the current prices and floor plans. Have questions about rentals or completion? See the FAQ.
This page is general information, not legal or financial advice. Confirm all terms with the developer’s documents and your own attorney.
Comparing deposit terms across towers? We can do the same for St. Regis Residences Bahia Mar and W Residences Pompano Beach.
International Buyers and St Regis Sunny Isles
A large share of buyers in Sunny Isles Beach live outside the United States. Foreign buyers can purchase and finance property in Florida, although lenders usually ask for larger down payments, and tax rules apply when non-residents later sell. We recommend speaking with a cross-border tax advisor before you buy.
Our team works with buyers from Latin America, Europe and the Middle East and speaks English, Spanish, Portuguese, Romanian, Russian and Ukrainian. For buyers who cannot visit, we handle video tours, document signing by courier or e-signature, and updates during construction at St Regis Sunny Isles. International buyers usually wire St Regis Sunny Isles deposits to the escrow agent.
St Regis Sunny Isles Deposits: Two Worked Examples
| Payment | 3-bed + den, $9,400,000 | 5-bed, $17,300,000 |
|---|---|---|
| 15% at contract | $1,410,000 | $2,595,000 |
| 15% at 6 months | $1,410,000 | $2,595,000 |
| 10% at 18 months | $940,000 | $1,730,000 |
| 10% at 30 months | $940,000 | $1,730,000 |
| 50% at closing | $4,700,000 | $8,650,000 |
Examples use residences 3101 and 5301 from the September 2, 2026 north tower list. Timing assumes the schedule runs from the contract date.
Planning Your Cash Flow
Because 30% is due within the first six months, most buyers plan liquidity for the first two payments before they sign. The later 10% payments are a year apart, which gives time to arrange financing for the closing balance. Our team can introduce you to private banks that lend on new construction in Sunny Isles Beach.
Questions to Ask About St Regis Sunny Isles Deposits
- Who is the escrow agent holding the St Regis Sunny Isles deposits?
- Which portion, if any, can the developer use for construction?
- What happens to St Regis Sunny Isles deposits if you cancel during the rescission period?
- Can the contract be assigned before closing, and on what terms?
- What is the outside completion date in the contract?
Our team gets written answers to each of these before you sign, so the St Regis Sunny Isles deposits schedule holds no surprises.
Paying St Regis Sunny Isles Deposits From Abroad
International buyers usually wire deposits in U.S. dollars directly to the escrow agent named in the contract. Plan for bank compliance checks, which can take several days for large transfers, and confirm wiring instructions by phone with the escrow agent before sending funds, since wire fraud targets real estate deals.
Buyers who hold funds in another currency often fix the exchange rate for the first two payments, which together equal 30% of the price. Our team can introduce you to banks that handle currency and deposit timing for St Regis Sunny Isles deposits, and we track each due date so nothing is missed. Keep copies of every confirmation; you will need them at closing to show that all St Regis Sunny Isles deposits were received.
Deposits Compared With Typical Miami Pre-Construction
Many branded pre-construction towers in Miami ask buyers to put down a large share of the price before completion, often split into several payments tied to the contract date or construction milestones. The north tower schedule here, 50% before closing in four payments, sits at the higher end of that range. The trade-off is that the remaining 50% is not due until the building is finished, which gives buyers time to arrange financing or sell other assets.
Why Developers Ask for Higher Deposits
Large deposits show lenders that buyers are committed, which helps the developer secure construction financing on better terms. In 2026 the developers closed a $113.75 million loan with City National Bank of Florida to advance the north tower, a sign that the sales and deposit base supported the next phase.
Escrow Protection in Florida
Florida’s condominium statute requires developers to hold buyer deposits in escrow with a qualified escrow agent. The contract states whether deposits above 10% of the purchase price may be used for construction once certain conditions are met. Read that clause carefully, because it affects what happens to your funds if the project is delayed. A Florida real estate attorney can explain how the escrow terms in your contract apply to your situation.
Cancelling During the Rescission Period
Florida gives buyers of new condominium units a 15-day period to cancel after signing or after receiving the required condominium documents, whichever is later. If you cancel within that window, your deposit is returned. After the period ends, deposits are generally non-refundable except as the contract allows, so review the documents during those 15 days.
Financing the Balance
Because the closing balance is half the price, most buyers start talking to lenders well before completion. Private banks in Miami, New York and Europe regularly lend on finished branded condominiums, including to international buyers, usually with larger down payments than for domestic buyers. Our team can introduce you to lenders who know this building, and help you time your application so the loan is ready when the certificate of occupancy is issued.
Keeping Track of Due Dates
With payments spread over roughly two and a half years, it is easy to lose track. Our team sends reminders ahead of each deposit date and confirms receipt with the escrow agent, so your contract stays in good standing until closing.
Explore St Regis Sunny Isles
The St. Regis Residences, Sunny Isles Beach are not owned, developed or sold by Marriott International, Inc. or its affiliates. La Playa Beach Associates, LLC uses the St. Regis marks under a license from Marriott. Oral representations cannot be relied upon as correctly stating the representations of the developer; for correct representations, refer to the documents required by Section 718.503, Florida Statutes. Renderings are artist conceptions. Prices, availability and deposit terms are subject to change without notice. This is not an offer to sell where prohibited by law.
Talk to Our Team About St Regis Sunny Isles Deposits
Call +1 305 571-6319 or tap the WhatsApp bubble at the bottom right of this page. Our team answers in English, Spanish, Portuguese, Romanian, Russian and Ukrainian, and we can send current availability, pricing and the deposit schedule the same day.