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American Eagle CEO lands $6.77M Ritz-Carlton Residences, Miami Beach condo

See renderings of the property, including its private marina with a house yacht

Courtesy of The Ritz-Carlton Residences, Miami Beach

CEO and chairman of American Eagle Jay L. Schottenstein is moving into The Ritz-Carlton Residences, Miami Beach. The Ohio-based Schottenstein — who is also known for funding Ohio State’s basketball arena, the Jerome Schottenstein Center — purchased a three-bedroom condo for $6.77 million.

The Ritz-Carlton Residences, Miami Beach is Italian architect Piero Lissoni’s first full-scale residential development in the United States. The property includes 111 condominium residences and a limited collection of 15 Lissoni-designed, standalone Villa Residences. The one-to-five-bedroom homes range in size from 2,000 to over 10,000 square feet and are priced from $2 million to over $40 million.

There are incredible amenities too, including a private marina with 36 boat slips, marine helipad, and on-site captained Frauscher Lido 1017 house yacht. Then there’s the indoor-outdoor spa with saunas, state-of-the-art fitness center, pet grooming facilities and much more.

Schottenstein’s Lissoni-designed 4,347-square-foot condo includes 3 bedrooms, 3.5 bathrooms, and a den and family room. Darin Tansey of Douglas Elliman served as the listing agent and Oren Alexander of Douglas Elliman served as the selling agent. Check out renderings of Ritz-Carlton Residences, Miami Beach, which is slated for completion by the first quarter of 2018.

Courtesy of The Ritz-Carlton Residences, Miami Beach
Courtesy of The Ritz-Carlton Residences, Miami Beach
Courtesy of The Ritz-Carlton Residences, Miami Beach
DooArchitecture
Courtesy of The Ritz-Carlton Residences, Miami Beach
Courtesy of The Ritz-Carlton Residences, Miami Beach