Legacy Hotel & Residences, Miami Worldcenter
Miami Worldcenter. Legacy. 278 sold-out micro-homes over a hotel — halted mid-rise since March 2024 and in foreclosure.
Sold out and stopped. Royal Palm Companies broke ground in 2021 on a 50-storey tower at Miami Worldcenter — 278 small 'Microluxe' homes, freely lettable by the night, above a 255-room hotel and a 50,000-square-foot medical and wellness centre — promised for 2023 or 2024. Work halted in March 2024; in July 2025 the lender Monarch filed to foreclose over USD 31.9 million, and the developer countersued, alleging sabotage.
Legacy is the developer's own name, not a hotel company's; the register holds it as developer-signature. Its dates have ranged from 2023 to 2027 across sources, and its counts from 274 homes and 256 rooms to 278 and 255. No source reached reports construction resumed.
Who it is not for
Not for any buyer who needs certainty: construction has stood still since March 2024 and the loan is in foreclosure.
Sources
- miamicondoinvestments.com 29.05.2025 (50 storeys; 278 residences on floors 26 to 39 above 255 hotel rooms; studios to two-bedrooms of 368 to 964 sq ft; Royal Palm Companies, architect Kobi Karp, interiors ID & Design International; no rental restrictions; a 50,000 sq ft VIP medical and wellness center; sold out
- miamicondoinvestments.com — news tag (on 2 July 2025 Monarch filed a foreclosure action claiming USD 31.9 million from Royal Palm Companies, led by Dan Kodsi; work halted in March 2024 after construction delays and funding issues; ground broken 2021 with a projected 2024 completion; Royal Palm countersued alleging 'financial sabotage'
- brickell.com (sold out; MICROLUXE design
- owpbrokers.com (then 'coming to Downtown in 2023'
- miamiresidence.com (278 residences above 255 rooms
- sunnyislesmiamirealestate.com (274 residences above 256 rooms
- miamiresidential.com 13.08.2020 (delivery expected 2027 — a date that does not square with the others
- Savills, Spotlight Branded Residences 2020, p. 25 (named as 'Legacy Hotels and Residences Miami')
Pages read are linked.
- brickell.com
- miamicondoinvestments.com
- miamicondoinvestments.com#2
- miamiresidence.com
- miamiresidential.com
- owpbrokers.com
- sunnyislesmiamirealestate.com
Verification
- Official source
- Checked
- Inventory
- From official source
- Property confirmation
- Pending
- Last verified
- —
Booking
Private Residences records addresses; it does not broker them. Enquiries are passed to the party named in the record, and nothing on this site is an offer.
Make an enquiryClassified by The Resort Collection House · Edition 2026 · PR-D-362
In the journal
22.09.2026 · United States, run 2 — Florida: chefs as brands, a stalled tower, and a hotel's shifting counts
Legacy Hotel & Residences at Miami Worldcenter sold all 278 of its small homes and then stopped: work halted in March 2024, and in July 2025 its lender filed to foreclose. Four Seasons Hotel and Private Residences Fort Lauderdale, the city's most expensive new condominium, opened four years late in 2022; five sources give it four different room counts.
Named in research
- Savills · 2020 · Spotlight Branded Residences — p. 25 — as “Legacy Hotels and Residences Miami”, added to the register from research
Reports are catalogued in ResearchCorrespondence and linked to their publishers; the register does not republish them.
Investment migration — the facts the rule turns on
The rule for USA: No property route — checked 24.09.2026.
| Entry price | Not established | 22.09.2026 · searched in the record's sources; not published |
| Seller | Not established | 22.09.2026 · searched in the record's sources; not published |
The register publishes the facts and the rule; it does not say whether any purchase qualifies. Eligibility attaches to a sale, not to a building, and the register is not immigration counsel.