Cipriani Residences Miami Deposit Schedule and Closing Timeline

Last Updated: September 2026

The current Cipriani Residences Miami deposit schedule is 30% at contract, 10% in December 2026 and 60% at closing, with occupancy expected Q3 to Q4 2027. On the entry one-bedroom plus den at $1,859,900, that is $557,970 at signing, $185,990 in December and $1,115,940 at closing. Below is the same math for every residence on the September sheet.

Cipriani Residences Miami is an 80-story tower at 1420 South Miami Avenue in Brickell, developed by Mast Capital with architecture by Arquitectonica and interiors by Cipriani Design Studio. It has 397 residences, a 2027 completion year and is under construction. The figures in this article come from two developer documents: the availability and pricing sheet dated September 22, 2026, and the current deposit schedule. Residences on that sheet are priced $1,859,900 to $7,650,900, with full-floor and penthouse residences on request.

What is the deposit schedule at Cipriani Residences Miami?

Per the developer's current deposit schedule, a buyer pays 30% at contract, 10% in December 2026 and the remaining 60% at closing, and the schedule notes occupancy expected Q3 to Q4 2027. That is three payments, two of them before the building delivers, for a total of 40% paid before closing.

The detail most buyers miss is that the second payment is tied to a date, not a construction event. Most schedules I work with tie the middle payments to milestones such as groundbreaking or topping off, which can slide. Cipriani's 10% is due in December 2026. For a buyer signing this fall, the 30% and the 10% land within a few months of each other, so plan the 40% as one near-term commitment rather than two payments spread over years.

The upside of that structure is the back end. After December 2026 there is nothing due until closing. Your capital is committed for roughly a year, not three or four, which is a shorter hold than a typical pre-construction purchase signed at launch. Earlier records in our files carried a different schedule with more milestones. The September 2026 schedule is the one that applies to new contracts, and I confirm the exact terms in your purchase agreement before you sign.

How much cash do I need at each stage?

On the September 22, 2026 availability, the 30% contract deposit runs $557,970 on the lowest-priced residence to $2,295,270 on the highest. The December 2026 payment runs $185,990 to $765,090, and the closing balance runs $1,115,940 to $4,590,540. The table shows every listed residence.

A few reads from the sheet. The three one-bedroom plus den residences are the same 1,180-square-foot plan, and the $386,000 spread between 1106 and 1707 is floor, exposure and finish. Residence 1707 is on the southwest corner in the Taj Mahal and Moderno finish, while 1106 is on the northwest corner in Oak Haya and Tradizionale. The finish package is chosen per residence on this sheet, so when you compare two lines, compare the finish too. The finishes on the sheet are Oak Haya or Taj Mahal, paired with Tradizionale or Moderno, and the pairing is fixed per residence on the current availability, so the finish you like can narrow the lines you consider.

For the Canaletto Collection on floors 62 to 78, where residences have private elevators, the contract deposit runs $1,365,270 on residence 6802 to $2,295,270 on residence 7101. At that level the December payment alone is $455,090 to $765,090, which is close to or more than the full contract deposit on the building's entry residences. Buyers moving up into the Canaletto floors should plan liquidity for December accordingly.

The 2,142-square-foot residence 4603 is the largest two-bedroom plus flex on the sheet and is priced below the smaller 2,070-square-foot plans on floors 47 and 52. The developer notes the flex plan can be used as a three-bedroom, three-bath. The 3,436-square-foot north-facing Canaletto four-bedrooms, 7504 and 7704, are priced at $7,550,000 and $7,650,000, while the south-facing 7101 is $7,650,900. Residence 7704 is $900 apart from 7101 for a slightly larger plan facing the other way. If you are shopping the top of the building, the exposure you prefer matters more than the price difference on this sheet.

When does Cipriani Residences Miami close?

The developer's deposit schedule states occupancy expected Q3 to Q4 2027, and the project's completion year on our record is 2027. The 60% balance is due at closing, which happens once the building is ready for occupancy and the developer calls closing under the terms of your contract. For a contract signed this fall, that is about 10 to 15 months out.

Here is the timeline laid out:

• At contract: 30% deposit.
• December 2026: 10% deposit.
• Q3 to Q4 2027: occupancy expected; 60% balance due at closing.

Construction timelines are estimates and can move. A date-based December payment does not move with construction, but closing does. I track the construction schedule and stay in regular contact with the developer's team, so if the occupancy window shifts, you will hear it from me before it becomes public. If you are selling another property to fund the closing balance, time that sale against the Q3 to Q4 2027 window rather than a fixed date. I would rather you have the funds ready early than be forced to sell into a deadline. You can see how this fits the rest of the project on the deposits and timeline section of the main site.

How should I plan for the 60% at closing?

The 60% is paid at closing either in cash or with a mortgage that closes when the building delivers. Loan terms are set when you close, not when you sign, so a buyer who plans to finance should talk to a lender early and keep the 40% deposit and the loan plan in the same conversation from day one.

On the entry residence, the closing balance is $1,115,940. On a Canaletto four-bedroom at $7,650,900 it is $4,590,540. Those are large numbers to arrange in a window that the developer, not the buyer, controls. My advice is to decide at contract how the 60% will be paid, and if it is financed, to have a lender review the project and your file well before the closing notice arrives.

Two more planning points. First, the carry between December 2026 and closing is limited to the opportunity cost of the 40% already paid, because no further deposits are due. Second, after closing, you own a finished residence in an 80-story branded tower, and your costs shift to ownership costs set by the condominium budget, which I review with you from the documents before you commit.

Can I rent my Cipriani residence after closing?

Cipriani Residences Miami has no hotel component and no hotel rental program, and short-term rentals are not permitted on our record. Plan your hold as an owner who lives in the residence or as a long-term landlord under the lease rules in the condominium documents, which I review with you before you sign.

That is a feature for the buyer Cipriani is built for. There are no transient guests in the building, and the social life of the tower runs through the Cipriani restaurant and bar and the resident amenities, not a hotel lobby. For an investor who needs nightly rental income to make the numbers work, this is the wrong building, and I will say so on the first call.

How does Cipriani compare with St. Regis for timing and price?

St. Regis Residences Miami, also in Brickell and also on a 2027 completion on our record, is priced $7,260,000 to $24,490,000 across 152 residences. Cipriani tops out at $7,650,900 on the September sheet, so the two barely overlap: the top of the Canaletto Collection is where St. Regis begins.

That comparison is useful because both buildings deliver in the same window and both are pure residential with no short-term rentals on our record. The difference is scale and entry point. At St. Regis Residences Miami you are buying into 152 residences at a minimum of $7,260,000. At Cipriani you are buying into 397 residences, and the Canaletto Collection on floors 62 to 78 gives you private elevators at $4,550,900 to $7,650,900. A buyer who wants a 2027 delivery in branded Brickell and does not need a St. Regis-size residence gets there for less at Cipriani.

What should I do before signing a Cipriani contract?

Pick the residence first, then run the deposit math on that exact price. Three questions I ask every Cipriani buyer before we choose a residence: where the 40% is coming from and whether it is liquid by December 2026, how the 60% will be paid at closing, and whether you will live in the residence or lease it long term, since short-term rentals are off the table here. The answers usually narrow the list faster than the floor plans do. Start with the residence types and the floor plans, narrow to two or three lines, and compare exposure and finish package side by side. Then confirm availability, because the most popular lines and floors sell first and get repriced upward as the building sells, with further increases at construction milestones.

Before you sign, I walk you through the purchase agreement and the deposit terms line by line, confirm the current occupancy estimate with the developer's team and line up your plan for the closing balance. When you are ready, send me your details and I will send the current availability sheet, the floor plans and the deposit schedule.

Adrian Sanchez, Founder & Managing Broker, WIRE Miami Over 20 years specializing in Miami’s luxury pre-construction market. wiremiami.com • 786-477-6955 • info@wiremiami.com