$16M Penthouse At Brickell’s Planned 80-Story Cipriani Residences Sells Only Weeks After Listing

A penthouse unit at the 80-story Cipriani Residences planned in Brickell has been sold, according to a press release from the developers.

The unit, known as Penthouse 1, was sold just a few weeks after it was unveiled, developer Mast Capital said today.

The asking price for Penthouse 1 was $16.2 million, or $3,333 per square foot, which Mast said equates to a record-breaking price.

Penthouse 1 will feature four bedrooms and five and a half bathrooms, with 4,888 square feet of interior space and 4,333 square feet of outdoor terrace space, for a combined 9,221 square feet. The outdoor space will include a private infinity-edge swimming pool and summer kitchen.

Cipriani’s top 18 floors contain the Canaletto Collection, with 68 residences and six penthouses featuring upgrades that put it at the “highest level of luxury in Brickell,” according to the developer.

Pricing for the Canaletto Collection begins at $3.65 million, with penthouses starting at $9.5 million.

Completion is scheduled for 2026, the developer said today.

 

Renderings of Penthouse 1 at Cipriani Residences:

(images: The Boundary)

 

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Anonymous
2 months ago

Waiting for a Bugatti and Ferrari Tower!

Anonymous
2 months ago

I’m waiting for a Kia Tower so that I have a place I can afford.

Azarius
2 months ago

Im waiting on the Metro tower by transit to be able to afford a micro unit

Anonymous
2 months ago

You’ll be out on the street when it falls apart after a couple years.

Rocky.
2 months ago

I don’t know if Ferrari would do something like this. They are fairly conservative within their business practices. I think Lamborghini would jump on a luxury residence here in Miami though.

Anonymous
2 months ago

Lamborghini is owned by Volkswagen/Porsche, the latter which plasters its namesake for branding, so…

Bruno
2 months ago

Panin Farina has been designing Ferraris for many decades and condo buildings for a decade.
If it’s the Ferrari design you like, hope for a Panin Farina tower. (They almost built in Bay Harbour).

Anonymous
2 months ago

Pininfarina designed the Beachwalk Resort at Hallandale Beach Blvd and the Intracoastal several years ago.

*NAME*
2 months ago

We have a Pininfarina tower in Brickell called Millicento. Pretty lackluster.

Anonymous
2 months ago

I’d love to see them in Brickell on the river across from the new Dream Hotel hot spot 🪩 or adjacent to Southside Park 🌲🌳 🌴

Anonymous
2 months ago

It’s gotta be nice to have your own balcony pool and not have to swim amongst the hoi polloi in the Cipriani community pool.

Anonymous
2 months ago

Especially considering the other buildings in the community will be rentals.

Anonymous
2 months ago

There’s a ton of owners in Brickell. More owners than any other core areaZ this is the best place to live and work.

Anonymous
2 months ago

The comment was referencing the fact that within the Cipriani development (the subject of this article), there will only be 1 condo tower and 2 other rental towers.

Anonymous
2 months ago

This project will add nice density to the Brickell area. Cant wait !!

Craig
2 months ago

I’ll be honest, for that large a plot 68 units is barely adding density.

SW30
2 months ago

Craig – maybe you’re not familiar with this whole project, but there will be a total of ~1,200+ units all being built at once. This specific building, Cipriani, will have almost 400 condos. The 68 units mentioned are just the top floors of this 80-story tower.

Anonymous
2 months ago

There will be 3 towers on that land.

Aurelius
2 months ago

They haven’t put a shovel in the ground. No way this project is done by 2026.

Anonymous
2 months ago

It’s moving fast – most exciting building of the day!

Anon
2 months ago

how is it moving fast if it hasn’t even begun?

Anonymous
2 months ago

Read the article. Penthouse 1, a four bedroom unit sold. The asking price was $16.2 million, or $3,333 per square foot, a record-breaking price. Brickell is at the top and rising!

Anonymous
2 months ago

Go look at the site–it hasn’t begun. A pre-sale and a construction start are a difference you do not understand.

Anonymous
2 months ago

If that’s the price sold in pre-sale I think they are moving fast! Can’t wait to see it go up 🆙

Ritchie Rich
2 months ago

^^you’ll help me get ink on a contract, right?

Anonymous
2 months ago

This is beautiful. More of these luxurious condos and less Melo dump-quality apartments please.

Anonymous
2 months ago

There’s plenty of need for both, especially considering whoever purchased this penthouse will likely only use it as a second or third home while tens of thousands of Miamians struggle paying rent each and every month.

Anonymous
2 months ago

The tens of thousands struggling to pay their rent will not be able to afford a unit even at the Melo dumps. What’s your point?

Anonymous
2 months ago

There is always Doral or elsewhere along the MetroRail.

Anonymous
2 months ago

They can move to an up-and-coming neighborhood, even if it’s not the best available. People enjoyed a good deal for a while as the area was on the rise. It’s unfair to limit the area’s growth just because some renters seek affordable options.

James S
2 months ago

For sure. Like half of the other ‘luxury’ properties in Miami, this unit probably sold to some one-percenter from South America who’s going to use it five days a year and won’t do anything to add to the ‘vibrancy’ of Brickell the other 360 days.

Bruno
2 months ago

I’d be willing to bet you $1,000 that the person who pays $16,200,000 for this condo (6% or $972,000 which will go to the Real Estate brokers), will “add more to the vibrancy of Brickell” than you do.

This person will pay about $324,000 in property taxes to Miami-Dade County EVERY year.

This person may pay more money to furniture makers and moving companies than you will spend in your life.

Don’t hate them because you ain’t them.

Anonymous
2 months ago

Very well said!!!

Mkt Pro
2 months ago

can we visit you at the Aston Martin ?

Anonymous
2 months ago

?

Building a Better Brickell/Downtown
2 months ago

While opting for a basic and affordable architecture might seem understandable initially, it could prove to be costly and unsatisfactory in the long run. Personally, I prefer investing in a higher-cost option upfront with low maintenance expenses, rather than being stuck with a subpar and continuously expensive solution down the road. Quality and long-term satisfaction are worth the initial expense.

Anonymous
2 months ago

To be honest, the apartment cereal boxes aren’t much better than Aria Reserve. Should be two 80-story twin towers instead.

Anonymous
2 months ago

South Brickell is NOT Melo-Ville.

Anonymous
2 months ago

It’s just brickell. All of brickell is uniting and blossoming!

Anonymous
2 months ago

What address will this beautiful tower be located at?

Anon
2 months ago

There’s this thing called “Google” and it works super well, you might want to check it out

Anonymous
2 months ago

Thanks for the tip. Not necessary. The author kindly updated the article to include the address. It looks like it will be in a prime location for tower of this caliber, directly in the heart of Brickell, near both the Brickell Station and Financial District Station 👌 ✨

Anonymous
2 months ago

That is still not an address. We all knew where this tower was situated along with its other 2 sister towers.

Anonymous
2 months ago

If completion of the tower is in the year 2026, they better get going.

Anonymous
2 months ago

The only thing bad on this would be if Cervera sold their prime property for a mega tower to block the views to the south from this condo.

Anonymous
2 months ago

Why on earth would someone purchase an inland condo unit and expect their view to last forever? If they are that naïve, I think they deserve to have their view blocked.

Anonymous
2 months ago

Because they don’t want to be in a flooded street, with high winds, high maintenance, boring night views and far from the activity, metro, and life of the city which is why they move here to be in the hub of the action.

Anonymous
2 months ago

Reality: It’s because they couldn’t afford to be in the waterfront bldg and make all sorts of corny excuses to deflect from that

Anonymous
2 months ago

You didn’t answer the question. You answered the question of why they would buy inland. The question is why someone who chooses to buy inland would have an expectation that their view would be preserved. Isn’t that an objectively unreasonable expectation?