FIRST ON PROFILE: Indian Creek Residences & Yacht Club in Bay Harbor Locks Down $29 Million Construction Loan

FIRST ON PROFILE: The New York and South Florida-based Landau Properties has closed on a construction loan for Indian Creek Residences & Yacht Club on Miami’s Bay Harbor Islands, a boutique residential property, which will include condominium residences and a private marina. Construction on the development is now underway and sales will formally launch this fall led by Official Partners which was founded by Oren and Tal Alexander of the Alexander Team.

Miami-based private real estate lender BridgeInvest originated the $29 million loan to finance the ground-up construction of Indian Creek Residences & Yacht Club. It is the firm’s most recent transaction in its flagship fund, BridgeInvest Specialty Credit Fund IV, which focuses on development, bridge and value-add lending throughout the U.S. Raffi Landau of Estreich and Company arranged the construction financing provided by BridgeInvest.

“We are pleased to have the confidence of BridgeInvest on this very special project that will offer an unparalleled opportunity on the Bay Harbor Islands,” said Jonathan Landau, Founder and CEO of Landau Properties. “We received strong lender interest for this project, and this financing package affirms our team's ability to create an incredible residential experience with a combination of an amazing waterfront location, service-oriented lifestyle and world-class design. BridgeInvest, a highly regarded lending institution in South Florida, proved to be the perfect partner given their established local presence and robust construction abilities. It was a pleasure getting to know the BridgeInvest team and working with them on this transaction. Indian Creek Residences & Yacht Club has already captured interest from today’s most discerning buyers, and we look forward to seeing the building come to life, with demolition now underway.”

“We are excited to finance a unique, design-forward, boutique project on one of the best developable waterfront lots in Bay Harbor Island,” said Alex Horn, BridgeInvest managing principal and founder. “Jonathan Landau and his team are already proving their abilities to leverage their decades of development experience as they embark on creating the Landau Properties brand. We wish them continued success."

Indian Creek Residences & Yacht Club, which Landau Properties acquired the site for in 2022, will bring nine luxury condominium homes and six private yacht slips. The boutique building provides one of the only private yacht clubs in the area, as well as a sought-after opportunity to overlook the coveted Indian Creek Island. The waterfront development is being designed by Kobi Karp with interiors by Linda Zarifi of Zarifi Design.

Renderings via Landau Properties

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SHVO Locks Down $190 Million In Financing For The Raleigh Hotel & Residences, Miami Beach

SHVO, the ultra-luxury real estate development and investment firm led by Michael Shvo, has secured $190 million in new financing for The Raleigh Hotel & Residences, Miami Beach, a significant milestone in the next chapter of the iconic art-deco storied property. The loan, provided by BH3 Debt Opportunity Fund II, L.P. led by BH3 Management through its opportunistic credit platform, and facilitated by Walker & Dunlop's New York Capital Markets team, closed earlier this week. Construction is well underway and the property is on-track to open in 2026.

With a total investment of approximately $1 billion, including a substantial equity contribution of over $300 million, the restoration and expansion of The Raleigh by SHVO, in partnership with Deutsche Finance America and a group of German institutional pension funds,represents one of the single largest investments in Miami Beach and serves as a testament to SHVO’s commitment to bringing world-class design and architecture to the city.

Located on 1775 Collins Avenue and situated on an unprecedented three-acre oceanfront parcel, the return of The Raleigh will redefine Miami Beach's historic Art Deco district. The design, helmed by acclaimed architect Peter Marino in collaboration with Miami-based Kobi Karp Architecture, will feature a 60-suite full-service hotel managed by Rosewood Hotels & Resorts, a separate 17-story oceanfront tower with 42 Rosewood-branded residences, and a private member’s club with Michelin-starred dining concepts.

“As we proceed with our meticulous restoration of The Raleigh, we continue to be inspired by its legacy of elegance, glamour and sophistication,” said Michael Shvo, Chairman and CEO of SHVO. “Our new financing will allow us to honor the historic significance of The Raleigh while ushering it into a new era of refined luxury, creating an unparalleled hospitality experience for generations to come.”

“BH3 is pleased to provide the financing for the first stage of construction for SHVO’s plan to restore and revive the iconic Raleigh property in Miami Beach,” said Gregory Freedman of BH3 Management. “Between SHVO’s track record of execution on other marquee luxury projects, the best-in-class team that has been assembled, including Rosewood and Peter Marino, and The Raleigh’s historic relevance and design, this will be a transformational project for Miami Beach.”

“This transaction underscores the reality that despite today’s challenging capital markets environment, liquidity remains readily available for proven sponsors determined to develop unique assets in established markets,” said Aaron Appel, Senior Managing Director and Co-Head of the New York Capital Markets team at Walker & Dunlop. “The collaboration between SHVO, Peter Marino and Rosewood Hotels & Resorts ensures that upon delivery, The Raleigh will be a truly market-defining project and a welcome addition to the rapidly changing landscape of Miami Beach.”

First Penthouse At Cipriani Residences Miami Sells Just Weeks After Hitting Market For $16.2 Million

The first of six penthouses at Cipriani Residences Miami, the Cipriani brand’s first-ever ground-up residential tower in the nation which is being developed by Mast Capital, has sold just weeks after hitting the market for $16.2 million. Penthouse 1 is an impressive four-bedroom home with 9,221 square feet of combined indoor and outdoor space. Listed at $16.2 million, translating to a record-breaking $3,333 per square foot, the penthouse emulates the prestige of the Cipriani brand and its capacity to deliver a world-class product. Selling agents for The sale for Penthouse 1 was represented by Carol Cassis from Fortune International Realty, who is the exclusive sales and marketing firm for the project, and Juliana Savoia from Coldwell Banker Realty.

“Selling Penthouse 1 in a matter of weeks after the unveiling of the premier Canaletto Collection is a true testament to Cipriani Residences Miami’s caliber in the market,” said Camilo Miguel, Jr., CEO and Founder of Mast Capital. “The meticulous attention to detail and design of this penthouse creates a new precedent for luxury in Brickell that is further bolstered by the unique services and exclusive privileges that owners within the collection will enjoy.”

Featuring four bedrooms and five and a half bathrooms, Penthouse 1 will offer 4,888 square feet of interior space as well as an expansive 4,333 square feet of outdoor terrace space. Combined with priority access to the tower’s speakeasy, the residence will provide an unparalleled lifestyle with a private infinity-edge swimming pool and fully operational outdoor summer kitchen as well as a suite of state-of-the-art appliances. In addition to these unique features, the Penthouse 1 buyer was enticed by the upgraded interior architecture package curated by internationally renowned design firm 1508 London that adds a distinctive touch to the home. Offered exclusively for the penthouses, this for-sale package includes special, rarefied details such as wall coverings, paneling and custom millwork that differentiate the listings in the market.

Thoughtful customization options, like the interior architecture package offered exclusively to penthouse owners, are a hallmark of the Canaletto Collection, an exclusive, limited assemblage of homes on the top 18 floors of the tower representing the highest level of luxury in Brickell. While the interior architecture package is exclusive to penthouse owners, 1508 London also created custom furniture and accessory packages to serve the rest of the Canaletto Collection buyers who are interested in enhancing their purchase. The firm envisioned two distinct options: ‘Tradizionale,’ designed in the signature Cipriani style, and ‘Contemporaneo,’ a more contemporary approach to interiors. These packages make adorning a Cipriani-branded home a seamless experience for residents and include a mix of custom and brand-name details that are consistent with the aesthetic and style of the Cipriani brand.

With 68 two- to five-bedroom residences and six marquee penthouses, the Canaletto Collection at Cipriani Residences Miami is also anticipated for its streamlined, complimentary upgrades, such as home automation systems and book-matched marble, as well as the special privileges it will afford owners. Residents will enjoy priority access to the building’s premium amenity collection, including a private resident-only Cipriani restaurant. Catering and in-residence dining by Cipriani will be offered around-the-clock, while dining services will extend to the elevated resort deck, where residents and their guests can enjoy a Bellini on the sun terrace or lounge in cabanas beside the swimming pools.

All residents at the 397-residence building will have access to a robust wellness offering which includes a fully equipped state-of-the-art fitness center, spinning room, a holistic spa, ice plunge, and sauna. Residents seeking sporting and competition can visit the golf simulator, pickleball court and screening room for game day. Those who prefer a more serene lifestyle can venture to the library or salon for a treatment. Cipriani Residences Miami also offers the convenience of an elevated private dog park, children’s playroom and à la carte services like plant care, away from-home maintenance, pet grooming and walking, luxury house limousine transport within a three-mile radius, in-residence spa treatments, personal training and more.

Cipriani Residences Miami, located at 1420 South Miami Avenue in the Brickell neighborhood, is expected to be completed in 2026. Pricing for the Canaletto Collection begins at $3.65 million, while penthouses start at $9.5 million.

Renderings via The Boundary

Witkoff Group and Monroe Capital Close On Record-Breaking Loan For Shore Club Private Collection

Witkoff Group, a Miami-based development and investment firm, and Monroe Capital, a premier asset management firm, have closed on a $430 million construction loan for Shore Club Private Collection, which is on track to be one of the fastest-selling luxury developments in Miami Beach’s history. Financed by J.P. Morgan, the loan is believed to be the largest for a residential construction project in South Florida. With two-thirds of inventory sold and sales already surpassing $550 million since its late January launch, Shore Club is readying to begin construction later this year for an expected completion in 2026.

“This record-breaking loan underscores the tremendous confidence the market has in Shore Club Private Collection,” said Alex Witkoff, Co-Chief Executive Officer of Witkoff Group. “The project has been leading luxury condominium sales in Miami since its launch, and we are setting a new standard in Miami Beach with prices per square foot consistently over $5,000 and the average home selling for more than $20 million. We’re thrilled to have reached these legendary milestones with such a prestigious investment partner as J.P. Morgan.”

Building on the rich history of Miami Beach’s Art Deco and modernism design style, while also fostering a seamless connection to its iconic location, Shore Club Private Collection will be home to 49 residences designed by award-winning New York-based firm, Robert A.M. Stern Architects. The architect is behind some of New York City’s most successful buildings, including 220 Central Park South and its predecessor, 15 Central Park West. Shore Club will be set on three oceanfront acres with lush botanical gardens curated by renowned landscape architect Nathan Browning of Island Planning Corporation.

The development is the first residential oceanfront project designed inside and out by Robert A.M. Stern and includes a ground-up new building, The Tower, a newly reimagined Art Deco building originally completed in 1939, The Cromwell House, and The Beach House, a signature single-family beach house. Each component relates architecturally yet is artistically distinctive, envisioned to maximize vistas and light with the curvature of each home to deliver a product that does not yet exist in the Miami market. The interiors further this vision, taking inspiration from yacht design and the patterns and movement of the ocean waves and sand on Miami’s coastline. RAMSA collaborated with Miami-based Kobi Karp Architecture & Interior Design on the architecture.

Rising 20 stories, the Tower features two- to six-bedroom residences ranging from 1,900 to more than 10,000 square feet with beautifully curved balconies, over 10-foot ceilings and floor-to-ceiling windows homes. Complete with private and semi-private elevators and private balconies, the Tower offers cinematic views of the Atlantic Ocean and sunsets. The eight-story historic Cromwell House will be preserved and reinvented as four premier residences, including three duplex residences and a penthouse. These homes will be four and five bedrooms featuring two-story great rooms with dramatic double-height ceilings, and the expansive full-floor penthouse. Finally, the Beach House will be the only private home on the oceanfront of Miami Beach and will span 6,000 square feet with three outdoor spaces totaling over 2,180 square feet.

The reinvention of the Shore Club Private Collection is a united vision in partnership with Auberge Resorts Collection. The residences will be serviced by Auberge but will offer privacy and seclusion within the five star resort. The collection of amenities and services exclusive to residents include a discreet porte cochere entrance, three separate swimming pools including a private residential pool, 75-foot lap pool and a leisure pool, state-of-the-art fitness center, library, lounge and other amenities. Auberge Resorts Collection’s one-of-a-kind reputation for intimate tailored service will also extend to the residences with numerous in-home offerings, as well as access to Auberge’s world-class spa, concierge services, housekeeping, beach club and culinary experiences, including in-residence dining, house sommelier services, a signature restaurant, poolside café and bar with dedicated cabana service, double-height café and bar leading to an outdoor lounge, and more.

Pricing at Shore Club Private Collection starts at approximately $6 million. Sales and marketing efforts for the project exclusively handled by Douglas Elliman Development Marketing.

Honoring Tradition, Defining the Future: The St. Regis Residences, Miami

The St. Regis New York, founded by the visionary John Jacob Astor IV in 1904, played a pivotal role in the evolution of New York City’s Fifth Avenue. Rising as the tallest structure of its time, this architectural masterpiece not only reshaped Manhattan’s skyline, but also served as a pioneering model for innovation and excellence that revolutionized the hospitality industry.

Today, that timeless legacy is being carried forward by industry leaders Related Group (Related) and Integra Investments (Integra) with The St. Regis Residences, Miami (The Residences).

Nestled along Miami's prestigious Brickell Avenue, this once-in-a-generation tower stands as an emblem of grandeur, creating an awe-inspiring and instantly recognizable icon that marks the most exclusive development in the sought-after South Brickell neighborhood. The Residences’ boutique format features only 152 condominium homes spread across 50 stories.

Every inch of the tower is being painstakingly curated and manicured, designed by a visionary team, with architecture by the esteemed Robert A.M. Stern Architects (RAMSA) and interiors by the highly acclaimed Rockwell Group. As RAMSA’s first residential development in South Florida, the team leaned into their signature modern classicism style, drawing inspiration from elegant gold-age ocean liners at sea. The end-result is a stunning monolith with a sweeping bell-shaped footprint, evoking Miami's Art Deco heritage while embracing a modern aesthetic.

"At The Residences, the rich legacy of St. Regis Hotels & Resorts is embraced in its entirety. Beyond mere design and development, the brand's ethos manifests through access to iconic services and timeless traditions,” says Nick Pérez, President of Related Group’s Condominium Division. “Not only will residents be able to enjoy the hotel flag’s established services, including its afternoon teas and midnight suppers, they’ll also have access to a modern interpretation of the Gilded Age butler service offered at the flagship hotel in New York City.”

The interior spaces seamlessly blend leisure and refined elegance, capturing the essence of Miami's coastal lifestyle while honoring St. Regis’ commitment to excellence. Buyers can choose from a variety of floor plans, including lavish sky villas, top of the line penthouses and even two stand-alone homes. Ranging from 2,600 to an impressive 10,000 square feet, these homes are more akin to vertical mansions, complete with expansive outdoor terraces and spacious layouts.

Each condominium home, ranging from two to six bedrooms, is adorned with lavish finishes throughout. The grand floor plans include private elevators and entry foyers, double-door entry, European flooring throughout, integrated smart home technology, as well as oversized walk-in closets, spa-like bathrooms and more. The kitchens are perfect for entertaining, equipped with top-of-the-line Sub-Zero and Wolf appliances, custom Italian cabinetry designed by Rockwell Group, and imported natural stone countertops and backsplashes.

Residents will experience one of the most robust amenity packages on the market, with more than 50,000 square feet of indoor and outdoor spaces, including a professional-grade fitness center with a pilates and yoga studio; a full-size pickleball court; a private marina; a world-class spa and holistic wellness center; an indoor lap pool; and the iconic St. Regis Tea Room. Lush landscaping and park-like grounds, designed by the acclaimed Swiss design firm Enea Garden Design, further enhances the ambiance.

The tower also boasts some of the best dining options in Brickell, including the iconic St. Regis Tea Room and a residents-only, fine-dining restaurant by Michelin-starred chef Fabio Trabocchi. With an internationally acclaimed chef and restaurateur at the helm, St. Regis Residences brings an entirely new meaning to the phrase “dining in.”

“The St. Regis clientele know exactly what they want and we’re delivering just that,” adds Pérez. “No detail is too small. Everything from the doorknobs, to the light fixtures, to the on-site art collection is being selected, designed and constructed with intention.”

The Residences is over 50 percent reserved and is converting reservations to contracts. The sales gallery was recently unveiled in May, providing a glimpse into the elevated lifestyle that awaits residents of this prestigious address. ONE Sotheby’s International Realty is the exclusive sales and marketing partner for The Residences. For more information, please call (786) 713-3562 or visit miamisrr.com.

Step Inside A Contemporary Waterfront Estate In Boca Raton's Prestigious 'The Sanctuary' Community Asking $16 Million

A newly constructed contemporary waterfront estate located in Boca Raton’s prestigious community, The Sanctuary, has listed for $16 million. The brand-new residence offers a bright and cheerful Southern Exposure, bathing the home in natural light, as well as captivating 30 ft ceilings at the entry, creating magnificent art walls, a blank canvas for any art enthusiast. The newly constructed 8,826-square-foot residence comprises six bedrooms and ten bathrooms and is a work of architectural brilliance with impeccable modern craftsmanship.

The home’s focal point, a suspended vapor fireplace hangs in the living room, provides a sense of coziness with a contemporary touch. The ultra-modern feature is complemented by glass-enclosed wine storage in the adjacent dining room.

The home also features a gourmet kitchen, equipped with top-of-the-line Sub Zero and Wolf appliances No detail has been overlooked, from the impact windows ensuring security and peace of mind to the convenience of an elevator for easy access to all levels. Stay fit and active in the private gym, and enjoy the modern convenience of a Crestron Smart Home System.

The highly amenitized club room bar seamlessly opens to the covered lanai featuring a BBQ area with a well equipped summer kitchen and a built-in grill, overlooks the infinity pool, spa, and tranquil waterway. Additional amenities include an outdoor shower, elevator, wet bar, and more.

The Sanctuary is a highly sought-after gated community nestled in East Boca, surrounded by lush landscaping and offering 24-hour armed security for peace of mind. Enjoy the convenience of being just moments away from Boca's beautiful beaches, parks, and an array of shopping, dining, and nightlife options.

650 Tern Point Circle is currently listed with Oren Alexander of The Alexander Team at OFFICIAL.

Images via The Alexander Team

Venetian Islands Waterfront Contemporary Spec Home 'Villa Marco' Hits Market For $23.9 Million

Villa Marco, a masterfully crafted waterfront residence developed by renowned local builder, Sabal Development, on Miami’s exclusive Venetian Islands has hit the market for $23.9 million. The property is a true testament to exquisite design capturing breathtaking bay views and natural light. Villa Marco is located on San Marco Island at 1369 North Venetian Way.

The 7,283 SF home is currently configured with 4 bedrooms but easily adaptable to 5 bedrooms and 5.5 baths to ensure convenience and comfort. The expansive formal and informal living spaces provide a harmonious balance between elegance and relaxation with floor to ceiling glass and views from every room. The home also features a gourmet kitchen, glass elevator and a garage with room for a lift.

The lushly landscaped outdoor areas are perfect for entertaining and enjoying the beautiful surroundings. Features include a panoramic rooftop terrace with hot tub and downstairs a summer kitchen, multiple seating areas, infinity pool and dock.

1369 North Venetian Way is currently listed for $23,900,000 with Mathieu Rochette of Compass.

Images via Compass

Black Lion's Robert Rivani Lists Penthouse at The Ritz-Carlton Residences, Miami Beach For $8.8 Million

Real estate investor Robert Rivani of Black Lion has listed his penthouse at The Ritz-Carlton Residences, Miami Beach for $8.8 million with Dina Goldentayer of Douglas Elliman. Rivani acquired the penthouse in May 2022 for $7.5 million. The listing comes on the heels of selling his ground floor restaurant space at One Thousand Museum for $7.9 million which he acquired in October 2022 for $6.4 million. The sale came in an effort to free up capital for a future acquisition in Miami Beach.

Sophistication is key inside this 4 bed + media lounge, 5 bath penthouse at the building where Cindy Crawford and Rande Gerber nabbed a unit per media reports. The corner residence spanning 4,525-square feet is one of the largest in the building with 11-foot ceilings and expansive living spaces radiating in Eastern sunshine.

Stunning views of the Bay and Ocean are put directly on display with floor-to-ceiling windows encompassing the entirety of the penthouse. Sleek light toned interiors enhance the setup with thoughtfully curated features throughout. Find a custom eat-in kitchen by Boffi equipped with Gaggenau appliances, marble counters, and a large walk-in pantry. The dining room showcases a gorgeous blue statement chandelier. The primary suite is reminiscent of a jewel box with textured velvet touches showcasing water views from almost every angle.

Since last year, Black Lion has secured over $100 million+ in acquisitions across South Florida with a rapidly expanding portfolio of restaurant/hospitality properties from Miami Beach to Wynwood, Brickell and Downtown – including the space for Gekko by David Grutman x Bad Bunny; Amara at Paraiso with chef Michael Schwartz; Wynwood Jungle with a newly opened Fable rooftop restaurant; Delilah at Brickell Bay boardwalk and more.

Designed by Piero Lissoni, The Ritz Carlton Residences Miami Beach offer boutique South Florida living on the bay with a private marina, a rooftop pool deck with cabanas and poolside grille, meditation garden, Club Room with a pool table and virtual golf, Spa and state-of-the-art Fitness Center, Art Studio and a fully equipped Kid’s Room and an elite concierge to assist with residents every need.

4701 N Meridian Ave, Miami Beach LPH02 is listed for $8.8 million by Dina Goldentayer with Douglas Elliman.

FIRST ON PROFILE: Dubai-Based Developer DAMAC International Submits Pair Of Zaha Hadid Architect's Preliminary Designs For Surfside Development Site

FIRST ON PROFILE: DAMAC International, a Dubai-based luxury property developer led by Hussain Sajwani, it has submitted its application for planning approval to the Town of Surfside, incorporating Zaha Hadid Architects’ (ZHA) stunning design. Zaha Hadid Architects has produced a pair of design variations for a 12-story ultra-luxury boutique oceanfront condominium with 57 residences at 8777 Collins Avenue. The submission takes place less than a year from when the 1.8-acre oceanfront property was purchased in July 2022.

This commission marks the second Miami project for the award-winning British architecture and design firm founded by the late, Pritzker-prize winning architect Zaha Hadid. Zaha Hadid Architects were the vision behind One Thousand Museum Tower, the firm's first Miami masterwork, which became an immediate icon when it debuted in 2019 with an eye-catching, curving exoskeleton.

Each project by Zaha Hadid Architects is the very specific assimilation of its unique context, local culture, programmatic requirements and intelligent engineering— enabling the architecture and surrounding urban fabric to seamlessly combine, in both formal strategy and spatial experience.

“We are honored to have been chosen for this very special project. While no work of architecture can ever remove the pain of the past, nor should it, a truly ambitious work of architecture can respect such a significant site,” said Chris Lepine, Director, Zaha Hadid Architects. “It’s a great responsibility to be providing this vision for Surfside.”

As part of the planning application to the Town, DAMAC has elected to submit two variations of a common theme for consideration. The submission is based on alternative interpretations of the town planning ordinances. The first which steps in on the South elevation and the second with consistent elevations on all sides. The intention is to provide the Town with designs that we believe accord to the ordinances and meet the highest design standards possible under each interpretation.

Both designs feature a twin-building duality, with a sculptural form modulated with nested crescents that coalesce at the corners. These soft, cloud-like elements, stretch pull and contract emulating the ebb and flow of the ocean to animate the façade. Balconies stagger, never aligning vertically, to give variety to every floor and so that horizontal movement is emphasized. Balcony extensions, shading elements and geometric curves help to ensure privacy between condominiums and their adjacent spaces with a contemporary reinterpretation of privacy fins, a characteristic detail of Miami Modernism’s (MiMO) patterned screens filtering the strong Miami sun.

Each proposal incorporates precision-engineered façades that echo the colors and textures of sand within the adjacent dunes and beach. The rich materiality of these crafted facades embeds the building within its Surfside community and warmly reflects the magnificent variety of light throughout each sunrise, daytime and sunset on Miami’s internationally renowned coastline.

The designs maximize views and natural light into the condominiums from at least three aspects. The condominiums will flow seamlessly from indoors to outdoors with generous balconies extending the internal living space capitalizing on the Miami weather and ocean breezes. The condominiums, ranging from 4,000-15,000 square feet, will provide a variety of living experiences to the residents. The community amenities will include a 100-foot rooftop pool bridging across the atrium between the north/south arms of the building with direct views of Downtown, as well as a 75-foot indoor exercise pool.

Adjacent to this pool will be a spa and gym with views to the exterior landscape. The building is set within landscaped grounds enveloped by nature, reflective of its beachfront location and interface with the dunes and ocean.

"We are pleased to submit our planning application, featuring Zaha Hadid Architects’ design variations for the Town’s approval," said Niall Mc Loughlin, DAMAC International Senior Vice President of Communications. “They have raised their own bar once more with these two design variations, expertly weaving together form and space to engage the senses, and create an unrivalled ultra-luxury experience and a true sense of place.”

“We know we cannot replace what was so painfully lost, but it is our desire that the building honors and respects its location at the heart of Surfside’s community and offers a sense of closure to the tragic event of the past while also providing a sense of a new beginning,” added Mc Loughlin.

Cipriani Residences Miami Reveals First Look At Exclusive, Record-Setting Canaletto Collection

Soaring 80 stories above Miami’s Brickell neighborhood and Biscayne Bay, Cipriani Residences Miami, the luxury hospitality brand’s first-ever ground-up development in the U.S., has revealed a first look at the Canaletto Collection, an exclusive assemblage of ultra-luxury residences and penthouses on the top 18 floors of the tower. This limited 70-home collection represents Brickell’s highest level of luxury, featuring sweeping views stretching from the Miami city skyline to the Bay toward Miami Beach, and sets a new price-per-square-foot record in the area with Penthouse 1, the first of six penthouses, listing for $3,333 per square foot. Cipriani Residences Miami is being developed by Mast Capital expected to be completed in 2026.

As the crowned jewel of Cipriani Residences Miami, the Canaletto Collection will offer a boutique experience to residents that includes priority access to the tower’s private speakeasy and dining spaces, exclusive global concierge services and custom finish and furniture packages designed by international renowned design firm 1508 London. The collection will also feature direct elevator entry and a limited number of residences per floor appealing to discrete residents who prioritize privacy.

“We’re thrilled to introduce the Canaletto Collection, an exclusive number of homes atop the building, offering ultimate privacy, inspiring views, and custom 1508-designed furniture packages to create a living experience like no other,” said Camilo Miguel, Jr., CEO and Founder of Mast Capital. “The luxury of living in a building of this caliber, in conjunction with the exclusive finishes, services and concierge offered, make this one-of-a-kind collection the most aspirational residences in the Brickell area.”

Within the Canaletto Collection there will be six penthouses, each of which exude the high caliber design associated with the Cipriani brand. Penthouse 1 is among the first to hit the market, priced at $16.2 million, or $3,333 per square foot. Spanning 4,888 square feet of interior space and 4,333 square feet of outdoor terrace, the home features four bedrooms, five and a half bathrooms and includes a summer kitchen and infinity-edge swimming pool. Pricing for the penthouses starts at $9.5 million and combined indoor-outdoor square footage starts at 4,771.

The Canaletto Collection’s two- to five-bedroom residences offer an unrivaled living experience, boasting thoughtful, streamlined design customizations from whole home automation systems to book-matched marble in the primary bathrooms. Starting at $3.65 million, 1508 London envisioned upgraded finishes that uphold the prestigious aesthetic of the Cipriani brand and complement the expansive water views. In the great room, high-gloss Canaletto wood wraps the rounded columns – a prominent, exclusive feature that inspired the name of the collection and come standard. New Calacatta marble is an option for counters and backsplashes to grace the chef’s kitchen, and expanded wood millwork creates beautiful bookshelves and casings for storage and design displays. The residences will also come fully wired to house a Lutron home automation system that will ultimately allow residents to control all electronic aspects of their home, such as lighting, security systems and audio.

The exclusive opportunities for further customization options differentiate the Canaletto Collection. 1508 London has designed custom furniture and accessories for the homes, as well as curated two upgraded, for-purchase interior packages for its residents – the ‘Tradizionale’, the signature Cipriani style, and a more contemporary one, the ‘Contemporaneo’. The upgrades offered include book-matched stone in the primary bathroom and built-in illuminated cabinet framing the primary bathroom vanity. Specific to the penthouses, exclusive interior architecture packages include wall coverings and paneling, ceiling detailing, custom millwork, stone portals, and metal joinery.

Residents of the Canaletto Collection will also have an array of dedicated services and benefits at their disposal. A speakeasy on the 37th floor inspired by the original Harry’s Bar in Venice will offer them priority access, while a dedicated Cipriani concierge is at their disposal to coordinate direct reservations and inquiries as well as provide bespoke services and accommodations around the world. The lifestyle has been carefully curated to build upon the tower’s celebrated location in the heart of Miami’s Financial District and attract the most discerning of buyers.

In tandem with its renowned Italian hospitality, Cipriani Residences Miami features a premium amenity collection. Residents and the guests of the 397 homes will enjoy exclusive access to a private Cipriani restaurant, catering services as well as around-the-clock, in-residence dining by Cipriani. Dining services extend to the elevated resort deck, where residents can enjoy a Bellini on the sun terrace or lounge in cabanas beside the swimming pools. Residents will have access to a robust wellness offering which includes a fully equipped state-of-the-art fitness center, spinning room, a holistic spa, ice plunge, and sauna. Residents wanting space for sporting and competition can visit the golf simulator, pickleball court and screening room for game day. Those who prefer a more serene lifestyle can venture to the library or salon for a treatment. Cipriani Residences Miami also offers the convenience of an elevated private dog park, children’s playroom and à la carte services like plant care, away-from-home maintenance, pet grooming and walking, luxury house limousine transport within a three-mile radius, in-residence spa treatments, personal training and more.

Sales and marketing efforts for the project are handled exclusively by Fortune Development Sales.

Renderings via The Boundary