Ziggurat Pricing & Floor Plans: What's Available Today

Ziggurat is a 19-residence boutique condominium in Coconut Grove with current available pricing from $3,750,000 to $5,350,000 across four 2 BR and 2 BR + Den layouts. Larger 3-5 BR residences and the penthouse collection are priced privately. The deposit schedule is 20/10/10/60. Anticipated delivery is 2027. This article walks through every available unit on the current price sheet, what the deposits look like in real dollars, and the typical pre-construction purchase timeline.

What is the current price sheet at Ziggurat?

As of the most recent outside-broker price sheet, four residences are publicly priced. Each is on the upper levels of the residential building (the GH series) and faces north toward Kirk Munroe Park. Smaller units start at $3.75M, larger 2 BR + Den layouts approach $5.35M. Pricing for 3+ bedroom layouts and penthouses is shared on request through Adrian Sanchez at WIRE Miami.

Available residences (current sheet)

• GH-03 — 2 BR + Den, 2.5 BA · 1,770 SF + 450 SF terrace · $3,750,000
• GH-08 — 2 BR, 2 BA · 1,891 SF + 474 SF terrace · $4,100,000
• GH-04 — 2 BR + Den, 2.5 BA · 2,133 SF + 539 SF terrace · $4,650,000
• GH-07 — 2 BR + Den, 2.5 BA · 2,501 SF + 628 SF terrace · $5,350,000

What is the price per square foot?

Calculating $/SF on interior square footage alone (most appraisers and lenders use this figure):

• GH-03: $2,119/SF
• GH-08: $2,168/SF
• GH-04: $2,180/SF
• GH-07: $2,139/SF

The pricing band sits in the $2,100–$2,200/SF range, which places Ziggurat above the Coconut Grove resale average and roughly in line with current pre-construction pricing at The Well Coconut Grove and Mr. C Residences. The premium reflects the small unit count (19), Oppenheim design, and the Kirk Munroe Park frontage.

What does the deposit schedule look like in real dollars?

Ziggurat uses a typical Miami pre-construction deposit schedule: 20% at contract, 10% at groundbreaking, 10% at top-off, 60% at closing. On a $4,100,000 GH-08 residence, that would mean:

• Contract: $820,000
• Groundbreaking: $410,000
• Top-off: $410,000
• Closing: $2,460,000

The 40% pre-closing deposit is recoverable in escrow per Florida Statute 718.202, with carve-outs the developer can use for actual construction costs. The 60% balance is paid at closing, often through a combination of additional cash and a jumbo mortgage.

What is the typical pre-construction purchase timeline?

From first call to keys in hand at Ziggurat, the timeline runs roughly like this:

1. Initial conversation — 20-30 minutes with Adrian to identify which layout fits, confirm budget, and walk through deposits
2. Reservation agreement — non-binding, holds a specific unit, typical $25,000-$50,000 fully refundable deposit
3. Purchase contract — signed within 30-60 days of reservation; 20% deposit due
4. Construction milestones — deposits at groundbreaking and top-off through 2026-2027
5. Closing — anticipated 2027; final 60% paid; title transferred

For international and out-of-state buyers, WIRE Miami coordinates with attorneys, lenders, and (where helpful) translation services to keep the process running cleanly.

How does Ziggurat pricing compare to The Grove resale market?

Coconut Grove resale on existing buildings (Park Grove, Grove at Grand Bay, Vita resales when they hit) typically trades in the $1,400-$1,900/SF range depending on building, view, and floor. Ziggurat's $2,100-$2,200/SF asks reflect a typical pre-construction premium of 10-25% over comparable resale, in exchange for new construction with no immediate need for renovation, full developer warranty, and the Oppenheim brand-design value.

Are there closing costs to plan for?

Beyond the purchase price, plan for:

• Documentary stamp tax on the deed (Florida): $0.70 per $100 of purchase price
• Title insurance (buyer choice in FL): typically 0.5-0.6% of price
• Settlement and recording fees: $1,500-$3,000
• Working capital contribution to the condominium association (one-time): typically 2-3 months of association dues
• Pro-rated taxes from closing date forward

Foreign buyers should also plan for FIRPTA implications at resale (15% withholding on the gross sale price, refundable through filing). WIRE Miami has tax counsel referrals for clients structuring through LLCs or trusts.

What is the next step?

If Ziggurat is on your shortlist, the most useful next step is a 20-minute call with Adrian Sanchez. He will send the current pricing PDF, walk you through which available unit best fits, and explain what is happening on the unpriced 3-5 BR layouts and penthouses. Reach Adrian at 305-321-7655 or info@wiremiami.com.