How does the 10/10/10/10/60 structure shape your purchase?
At Anantara Residences Miami, understanding the deposit structure starts with separating the total purchase commitment from the timing of individual payments. Four installments of 10% account for 40% of the purchase price before closing, while the remaining 60% is scheduled for closing. The useful planning question is not simply whether the first deposit is manageable. It is whether you can prepare for every installment while keeping the final balance clearly in view.
The sequence combines two contract-related payments with construction milestones and closing. That distinction matters because your contract date and the project's estimated construction calendar are different reference points. Before selecting a residence, create a purchase worksheet showing the applicable price, each percentage, its corresponding amount, and the event associated with payment. Use the residence-specific purchase documents to confirm the commitment rather than treating a general schedule as a complete explanation of your obligations.
What should you clarify before the first contract deposit?
The first 10% is scheduled at contract, making residence selection and document review part of the same preparation process. Confirm which residence you are considering, its current starting-price context, and the purchase price presented for that specific selection. Advertised acquisition figures are starting prices only, with prices and availability subject to change. A deposit calculation should therefore follow the price applicable to your proposed purchase, not an assumption drawn from a different floor or residence type.
Also identify what you need to understand before signing: the residence category, floor, layout, and the purchase documents governing the payment sequence. Request the current materials, review them with your own advisors, and collect unresolved questions for a call. Do not read refundability, escrow protections, or remedies into the percentage schedule. Its purpose is to show payment proportions and milestones; it does not, by itself, answer every question about the agreement you may sign.
What are the starting prices by floor plan?
| Collection | Bedrooms | Bathrooms | Interior | Starting Price |
|---|---|---|---|---|
| Resort Residences | 1 | 1 | 913–1,053 SF | Starting from $1,800,000 |
| Resort Residences · Corner | 2 | 2.5 | 1,580 SF | Starting from $2,900,000 |
| Private Residences | 1 | 1 | 913–1,053 SF | Starting from $1,600,000 |
| Private Residences | 2 | 2.5 | 1,580 SF | Starting from $2,700,000 |
| Private Residences | 3 | 3.5 | 2,391 SF | Starting from $4,800,000 |
| Private Residences | 4 | 4.5 | 2,955 SF | Starting from $6,000,000 |
| Private Residences | 5 | 5.5 | 5,346 SF | Starting from $13,000,000 |
| Private Residences | 6 | Price upon request | Price upon request | Price upon request |
Prices and availability subject to change
When are the five purchase payments due?
| Milestone | Payment |
|---|---|
| 10% at contract | 10% |
| 10% 90 days after contract | 10% |
| 10% at groundbreaking — estimated Q3 2027 | 10% |
| 10% at top-off — estimated Q4 2028 | 10% |
| 60% at closing — estimated Q4 2030 | 60% |
Why does the payment 90 days after contract need separate planning?
The second 10% is scheduled 90 days after contract. Unlike the later construction-related installments, this payment is anchored to the timing of your own contract. Together, the first two installments represent 20% of the purchase price. When assessing readiness, consider them as a closely connected pair rather than concentrating entirely on the initial signing amount. Ask yourself whether your preparation addresses both payments without depending on assumptions about the later groundbreaking or top-off dates.
A practical checklist is to record the contract date, identify how the purchase documents express the 90-day requirement, and establish when you will revisit your readiness for that payment. Confirm the applicable timing through the documents and your advisors instead of substituting an informal calendar estimate. Buyers comparing several residence options should update this worksheet whenever the proposed purchase price changes. The percentage remains the same, but the dollar amount follows the selected residence's price.
How should you prepare for groundbreaking and top-off?
The next two installments are tied to construction milestones: 10% at groundbreaking, estimated for Q3 2027, and 10% at top-off, estimated for Q4 2028. These are estimated dates, not fixed promises about construction progress. Your preparation should preserve the distinction between a milestone and the quarter currently associated with it. Ask how the relevant purchase documents describe each milestone and what information you should review as those stages approach.
After the groundbreaking installment, scheduled cumulative payments reach 30%; after top-off, they reach 40%. These cumulative figures help you see the purchase commitment building over time without confusing individual installments with the total already allocated. Keep a dated copy of the schedule you reviewed and request updated materials when evaluating your next step. Avoid assuming that an estimated construction quarter alone establishes every detail of a payment obligation; the residence-specific documents require their own careful review.
What does the 60% closing balance mean for readiness?
The largest portion of the purchase price is scheduled at closing: 60%. Closing is shown for Q4 2030, and project completion is estimated for Q4 2030. Neither should be treated as a guaranteed construction outcome or an unchanging appointment. Although the earlier installments are substantial, they do not eliminate the need to prepare for the majority of the purchase price at the final stage. Keep that balance visible from the beginning of your evaluation.
A useful closing-readiness review asks three separate questions: what purchase-price balance remains, what timing is currently estimated, and what requirements need clarification in your own documents? Do not treat the 60% figure as a promise of financing or assume any particular funding arrangement. Review your intended approach with your own advisors. As the estimated completion period approaches, request current information and revisit any signing or funding questions rather than relying solely on materials received at the initial inquiry.
How do Resort and Private residences affect your planning?
The deposit percentages need to be considered alongside the residence you choose. Resort residences occupy floors 11–22 and comprise 100 fully furnished homes with 10-foot ceilings and optional hotel rental management. Private residences occupy floors 23–47 and comprise 100 homes with 11-foot ceilings, private elevators, and a six-month minimum rental. These distinctions help frame your selection, but they should not be turned into assumptions about rental income paying future purchase installments.
Compare your intended use with the characteristics of each category before translating percentages into dollar amounts. Does a fully furnished Resort residence suit your priorities, or do the Private residences' features better match your plans? Review the current starting-price table for the relevant configuration, then request the price and availability of a specific residence. The Anantara brand does not guarantee rental income or returns, and optional rental management is not a substitute for independent preparation for the full purchase commitment.
How should maintenance stay separate from purchase deposits?
The stated maintenance figure is $2.20 PSF. That figure belongs in a separate part of your evaluation from the installments applied to the purchase price. The deposit structure explains how the acquisition commitment is divided; it does not establish the billing interval or inclusions associated with maintenance. Do not label the maintenance figure as monthly or annual, or infer what it covers, without obtaining the applicable information for your review.
This separation is especially useful when considering the project's wellness-focused positioning and more than 130,000 square feet of amenities. Those project characteristics provide context, not a basis for inventing maintenance inclusions. Build two distinct lists: purchase-price payments and questions about maintenance. For the latter, ask what billing interval applies, what the stated figure includes, and what residence-specific information is available. Keeping these categories apart makes your comparison clearer and prevents an attractive amenity offering from obscuring unanswered ownership-budget questions.
What should local and remote buyers request next?
Begin with a focused information request for Anantara Residences Miami at 3601 Biscayne Boulevard, Miami FL 33137, in Edgewater's Biscayne Bay setting. The 50-story project has 200 residences and is North America's first Anantara branded residences. One Thousand Group is working with Minor Hotels, with architecture by Kohn Pedersen Fox (KPF) and interiors by Patricia Urquiola. Use that project context to orient your review, while keeping residence selection and payment readiness as separate decisions.
Request current residence materials and the deposit schedule through Kyle Gilligan, brokered by Douglas Elliman, then review them with your own advisors and arrange a call. Bring a concise list covering the applicable purchase price, contract timing, estimated milestones, and maintenance questions. If buying remotely, ask which signing and funding steps require your presence. Never assume a fully remote closing is available; clarify the practical requirements before deciding how to organize your purchase process.
Deposit Structure Questions
Is 40% due immediately when I sign?
No. The schedule divides the pre-closing portion into four installments of 10%, rather than placing the entire 40% at signing. The first is at contract, followed by the contract-related 90-day payment and two construction milestones. Review the specific purchase documents to understand the applicable requirements, and plan for the full sequence rather than only the amount needed at the outset.
Should I calculate deposits from an advertised starting price?
An advertised starting price can support an initial comparison, but your purchase worksheet should use the price applicable to the specific residence under consideration. All acquisition prices shown are starting prices only, and prices and availability are subject to change. Request current residence-specific information before relying on a dollar calculation or deciding that one option fits your preparation better than another.
Are the construction milestone dates guaranteed?
No. Groundbreaking in Q3 2027, top-off in Q4 2028, and completion and closing in Q4 2030 are presented as estimated timing. Keep those estimates distinct from the milestone language in the purchase documents. Ask for current materials as your evaluation progresses, and have your own advisors review how the documents address the timing relevant to your proposed purchase.
Can optional hotel rental management cover future installments?
Optional hotel rental management is a feature of the Resort residences, not a promise that rental income will cover deposits or the closing balance. The brand does not guarantee rental income or returns. Evaluate your ability to meet the purchase commitment independently of anticipated rental receipts, and review the residence category and relevant materials before deciding whether it fits your intended use.
Can I prepare for a purchase without being in Miami?
You can begin by requesting materials, reviewing them with your own advisors, and arranging a call with Kyle Gilligan, brokered by Douglas Elliman. Use that discussion to clarify residence availability, the applicable payment sequence, and practical requirements. Ask specifically which signing or funding steps require your presence; beginning your review remotely does not establish that closing can be completed entirely remotely.