The St. Regis Residences, Miami Passes 80% Sold As Penthouse Goes Under Contract For $47 Million
A penthouse at The St. Regis Residences, Miami is under contract for $47 million, marking one of the largest and highest-priced condominium transactions in Brickell's history and highlighting continued demand for ultra-luxury residences in Miami's urban core. The buyer, a New York family relocating to South Florida, has placed the two-story Charles Penthouse under contract at the waterfront development in South Brickell.
A penthouse at The St. Regis Residences, Miami is under contract for $47 million, marking one of the largest and highest-priced condominium transactions in Brickell's history and highlighting continued demand for ultra-luxury residences in Miami's urban core.
The buyer, a New York family relocating to South Florida, has placed the two-story Charles Penthouse under contract at the waterfront development in South Brickell. The sale further reflects the ongoing migration of high-net-worth buyers from the Northeast and reinforces Miami's position as one of the country's premier luxury residential markets.
Spanning 10,012 square feet, the Charles Penthouse represents the largest residence sold at the development to date. The transaction brings The St. Regis Residences, Miami to more than 80% sold, with approximately $900 million in sales and the project on pace for a nearly $1 billion sellout.
Developed by Related Group and Integra Investments, the 50-story luxury condominium tower is rising along the Biscayne Bay waterfront at 1809 Brickell Avenue. Construction began in November 2024, with the project expected to top out later this year ahead of its anticipated 2027 completion.
Designed by Robert A.M. Stern Architects (RAMSA)—the firm's first residential project in South Florida—with interiors by Rockwell Group, the development will feature 152 residences, including penthouses, sky villas and two standalone garden villas. The project combines contemporary waterfront living with the signature service and hospitality associated with the St. Regis brand.
Residents will have access to more than 50,000 square feet of indoor and outdoor amenities, including a professional-grade fitness center with dedicated Pilates and yoga studios, a full-size pickleball court, private marina, spa and holistic wellness center, indoor lap pool, and extensive landscaped outdoor spaces designed by Enea Garden Design.
The development will also feature a residents-only fine-dining restaurant led by Michelin-starred chef Fabio Trabocchi, alongside the signature St. Regis Tea Room. The lifestyle offering is complemented by the brand's renowned butler service, including in-residence deliveries, an on-premises house car, shoeshine service and personalized concierge arrangements.
Related Realty serves as the exclusive sales and marketing partner for The St. Regis Residences, Miami.
Renderings via Binyan Studios
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Wellness and Longevity-Inspired Crown Jewel Penthouse at Rivage Bal Harbour Revealed For $75 Million
A new, and final, oceanfront estate-style penthouse is up for grabs for $75 million at Rivage Bal Harbour, a 25-story, 56-residence tower developed by Related Group, Rockpoint, and Two Roads Development. A standout feature is its dedicated "Longevity Suite"— an in-home wellness wing anchored by an “Ammortal Chamber” and hyperbaric chamber, alongside a sauna, steam room, circadian lighting throughout the residence, advanced air and water purification systems, sleep-optimized bedrooms and more.
A new, and final, oceanfront estate-style penthouse is up for grabs for $75 million at Rivage Bal Harbour, a 25-story, 56-residence tower developed by Related Group, Rockpoint, and Two Roads Development.
A standout feature is its dedicated "Longevity Suite"— an in-home wellness wing anchored by an “Ammortal Chamber” and hyperbaric chamber, alongside a sauna, steam room, circadian lighting throughout the residence, advanced air and water purification systems, sleep-optimized bedrooms and more.
The Ammortal Chamber is already used by organizations like the Denver Broncos and hospitality brands including Proper Hotels. It combines red-light therapy, PEMF, molecular hydrogen and guided meditation into a single session designed to support recovery, reduce stress and promote overall vitality. Paired with the hyperbaric chamber, the home offers the kind of recovery and longevity setup that's typically only found in specialized wellness clinics.
The residence itself spans more than 10,000 air-conditioned square feet with five bedrooms, six bathrooms and three powder rooms across Rivage's top floors, boasting matching terraces overlooking the Atlantic, Biscayne Bay and the Miami skyline. There's another 10,000+ square feet of private outdoor space, including an oceanfront plunge pool, hot and cold tubs, outdoor kitchens and multiple entertaining areas.
As the first new ultra-luxury condo tower in the exclusive Village of Bal Harbour in more than a decade, Rivage is nestled between the Intracoastal Waterway and 200 feet of uninterrupted oceanfront, immersing residents in Miami Beach’s breathtaking natural beauty. Comprising just 56 sky villas, the boutique condominium features world-class designs by the award-winning architects Skidmore, Owings & Merrill (SOM) and interior design firm Rottet Studio. Each residence reflects organic influences, with open-concept layouts that flow seamlessly into expansive living areas and oversized terraces with unobstructed views of the Atlantic Ocean and Biscayne Bay. Designed to provide a single-family home experience, the residences start from 3,300 and include both in-unit elevator access and private parking garages. Sales and marketing for Rivage Bal Harbour is exclusively overseen by Douglas Elliman Development Marketing (DEDM).
A focus on wellness connects the more than 25,000 square feet of on-site amenities, including a state-of-the-art fitness pavilion with panoramic views; a hammam spa complete with hot/cold plunge pools and private treatment rooms; and pickle and paddle ball courts surrounded by lush landscapes designed by Swiss design firm Enea Landscape. Residents and guests can also unwind with relaxed options, from private, chef-driven food and a cocktail lounge to a VR game simulator and a kids' playroom. Resort-style services, including a 24/7 residential butler and dedicated lifestyle concierge, round out the package and ensure all residents’ needs are met.
The Village of Bal Harbour has been an enclave for the elite since its establishment in 1929. Located between iconic South Beach and Sunny Isles, the waterfront community has long been a favorite for snowbirds, offering easy access to the world-famous Bal Harbour Shops as well as the very best of South Florida.
Renderings via visualisation.one
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Allen Morris Company Completes Demolition at Ziggurat Coconut Grove, Site Cleared Paving Way To Start of Construction
Allen Morris Co., one of the leading real estate firms in the Southeast U.S., has completed demolition at the future site of the nearly sold-out Ziggurat Coconut Grove, paving the way for the start of site work and vertical construction. Developed in partnership with the Espinosa family, Ziggurat Coconut Grove is a highly anticipated mixed-use development offering world-class office, residential and retail while honoring the neighborhood’s character.
Allen Morris Co., one of the leading real estate firms in the Southeast U.S., has completed demolition at the future site of the nearly sold-out Ziggurat Coconut Grove, paving the way for the start of site work and vertical construction. Developed in partnership with the Espinosa family, Ziggurat Coconut Grove is a highly anticipated mixed-use development offering world-class office, residential and retail while honoring the neighborhood’s character, walkability and natural beauty. The project is supported by a $138.5 million construction loan from BDT & MSD Partners and BHI. Completion is anticipated in early 2028.
Ziggurat will comprise two architecturally distinct buildings: a five-story, 100,000-square-foot trophy office tower and a three-story residential building featuring 18 ultra-luxury condominium residences above approximately 45,000 square feet of ground-floor retail.
Designed by Oppenheim Architecture with interiors by Collarte Interiors, the development blends natural stone, lush landscaping and modern architecture to create an open, pedestrian-oriented environment. Open-air paseos will lead to a central courtyard activated by bistros, boutiques and wellness offerings, while the office tower’s rooftop will feature a restaurant and lounge by a local Michelin-starred chef with views of Biscayne Bay.
The residential component, exclusively represented by ONE Sotheby’s International Realty, will offer residences ranging from approximately 1,254 to over 5,000 square feet, priced from $3.5 million to $15 million. Homes will overlook the soon-to-be revitalized Kirk Munroe Park, which is slated for an $8 million renovation through a partnership between The Allen Morris Co. and the City of Miami.
For additional information on any facet related to the development, contact info@zigguratcoconutgrove.com or ONE Sotheby’s International Realty at 786-926-5051.
Renderings via Allen Morris Company | Images via PROFILEmiami
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Waterfront Estate In Bal Harbour Trades For $43 Million In Off-Market Transaction
A waterfront estate in Bal Harbour has traded for $42,973,750 in an off-market transaction, marking a record for the priciest sale in Bal Harbour this year. Located at 56 Bal Bay Drive, the newly completed waterfront estate offers 7 bedrooms, 8 full baths and one-half bath across 10,801 square feet of interiors on a sprawling 21,225 SF lot with 100 feet of prime water frontage.
A waterfront estate in Bal Harbour has traded for $42,973,750 in an off-market transaction, marking a record for the priciest sale in Bal Harbour this year.
Located at 56 Bal Bay Drive, the newly completed waterfront estate offers 7 bedrooms, 8 full baths and one-half bath across 10,801 square feet of interiors on a sprawling 21,225-square-foot lot with 100 feet of prime water frontage. Developed by Saber South Real Estate, the residence was designed by NMD NOMADAS and expertly constructed by Amarilla.
Per public record, the sellers are Michael G. Klinger of Saber Real Estate and his wife Michelle Klinger. They were represented by Dina Goldentayer with Douglas Elliman and Joel Lusky at The Brokerage South Florida Real Estate.
Bal Harbour is South Florida's most exclusive residential enclaves. Residents enjoy the convenience of a highly walkable environment, with beaches, acclaimed dining destinations and the world-famous Bal Harbour Shops all within easy reach. The community has a dedicated police department, which provides residents with an added sense of privacy and security. In 2024, Brazilian soccer star Neymar Jr. purchased a $26 million vacant waterfront lot in the community.
Images via Become Legendary
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Cipriani Residences Miami Tops Off Construction, Surpasses 80% Sold Ahead of Summer 2027 Delivery
Cipriani Residences Miami, the Cipriani brand's first ground-up residential development in North America, has officially topped off construction, reaching its full height of approximately 950 feet and marking a major milestone ahead of its anticipated Summer 2027 delivery. Miami’s skyline has been fast changing with the other tallest completed towers including Aston Martin Residences rising 817’, One Thousand Museum by Zaha Hadid Architects rising 706’, and Paramount Miami Worldcenter rising 700’.
Cipriani Residences Miami, the Cipriani brand's first ground-up residential development in North America, has officially topped off construction, reaching its full height of approximately 950 feet and marking a major milestone ahead of its anticipated Summer 2027 delivery.
Miami’s skyline has been fast changing with the other tallest completed towers including Aston Martin Residences rising 817’, One Thousand Museum by Zaha Hadid Architects rising 706’, and Paramount Miami Worldcenter rising 700’. Under construction in Brickell is The Residences at 1428 Brickell which will rise 861’; and, in Downtown Miami are The Waldorf Astoria Hotel & Residences Miami, which will be Miami’s first completed supertall with construction closing in on 1,049’, and Okan Tower which will rise 902’.
Now more than 80% sold, the 85-story landmark has attracted buyers from more than 30 countries across the Northeastern United States, the West Coast, Latin America and Europe, reinforcing both the enduring global appeal of the Cipriani brand and Miami's position as one of the world's premier destinations for high-end real estate investment and residency.
With the tower now at full height, construction remains on schedule for Summer 2027 occupancy, making Cipriani Residences Miami one of the only ultra-luxury residential towers in Brickell expected to deliver this coming year.
"For nearly a century, our family, inspired by our Italian heritage and traditions, has welcomed people from around the world with the same philosophy: to create places where elegance, service and hospitality come naturally," said Giuseppe Cipriani. "I am excited to see this spirit continue through Cipriani Residences Miami. It is not simply a residential tower, but a home where people can experience the comfort of simple pleasures, timeless style and effortless living."
The topping off represents more than a construction milestone. It reflects Miami's continued emergence as one of the world's leading destinations for global wealth and long-term investment. Buyers have come from more than 30 countries, with particularly strong demand across the Northeastern United States, the West Coast, Latin America and Europe, as well as established Cipriani markets including London, Milan, Monte Carlo and Mexico. Increasingly, purchasers are choosing Miami as a primary residence rather than a seasonal destination, underscoring the city's evolution into a global financial and cultural capital.
"This milestone represents far more than reaching the top of the tower. It reflects the continued evolution of Miami as one of the world's premier destinations for high-end real estate," said Camilo Miguel Jr., Founder and CEO of Mast Capital. "As we celebrate reaching full height and surpassing 80 percent in sales, we continue to see extraordinary validation from buyers around the world who recognize the exceptional quality of what we have created alongside our partners. Cipriani Residences Miami embodies our vision of delivering a truly world-class residential experience where exceptional design, legendary hospitality and disciplined execution come together to establish a new benchmark for luxury living."
Designed by Arquitectonica with interiors by 1508 London, Cipriani Residences Miami brings nearly a century of Italian hospitality into a collection of 397 residences inspired by the legendary service and understated elegance that have defined the Cipriani family since Harry's Bar first opened in Venice in 1931.
Residents will enjoy more than 50,000 square feet of private amenities, including signature Cipriani dining experiences, a resort-style pool deck, wellness facilities, a holistic spa, private screening room, children's play spaces, business lounges and the exclusive 37th-floor speakeasy overlooking Biscayne Bay.
"Reaching the top of the structure is a significant achievement because it brings buyers one step closer to taking ownership of their homes," said Scott Moss, CEO of Moss Construction. "Constructing one of the tallest residential towers in the country requires extraordinary coordination, engineering expertise and craftsmanship. Every milestone reflects the commitment of hundreds of professionals working together to deliver a building that will define Miami's skyline and set a new benchmark for residential construction. With occupancy beginning next summer, buyers can now see that vision becoming reality."
As the brand's first ground-up residential development in North America, Cipriani Residences Miami represents the evolution of nearly a century of hospitality into a permanent residential offering. Combined with Miami's continued emergence as one of the world's foremost destinations for international business and global wealth, the development has established itself as one of the city's defining residential addresses.
Occupancy is anticipated in Summer 2027. Sales and marketing for the project are exclusively represented by Fortune Development Sales. Residences are priced from $1.8 million, with The Canaletto Collection beginning at $4.1 million.
Renderings via The Boundary
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First Condo Listing in Miami Design District Hits The Market For $9.985 Million at Fouquet's Hotel & Residences, Miami Design District
The first condominium residence in the Miami Design District has hit the market for nearly $10 million. Unit 2101 Fouquet's Hotel & Residences, Miami Design District has officially been listed for sale, marking a milestone for the new luxury mixed-use development. Priced at $9.985 million, the listing offers buyers the first opportunity to purchase within what will become the first-ever residential development in the Miami Design District.
The first condominium residence in the Miami Design District has hit the market for nearly $10 million. Unit 2101 Fouquet's Hotel & Residences, Miami Design District has officially been listed for sale, marking a milestone for the new luxury mixed-use development. Priced at $9.985 million, the listing offers buyers the first opportunity to purchase within what will become the first-ever residential development in the Miami Design District.
The listing marks the first residence within the development to officially come to market. The project will also introduce the iconic Fouquet's hospitality brand's first residential development in the United States, bringing the renowned Parisian luxury lifestyle to one of the country's fastest-growing luxury neighborhoods.
The four-bedroom, four-and-a-half-bath residence spans nearly 3,000 square feet and includes an additional den, expansive indoor-outdoor living areas, floor-to-ceiling glass and a large private terrace. Owners will also receive access to the full collection of services and amenities offered through the adjoining five-star Fouquet's hotel.
Developed by Miami Design District Associates (MDDA) in partnership with Raycliff Capital, Fort Partners and Constellation Hotels Holding Ltd., the mixed-use project will introduce both the neighborhood's first luxury private residences and its first luxury hotel. The arrival of Fouquet's is expected to serve as both a hospitality centerpiece and cultural anchor for the Miami Design District, creating a hospitality-driven residential experience in one of Miami's premier shopping, dining and cultural destinations.
Designed by Pritzker Prize-winning architect David Chipperfield of David Chipperfield Architects, the development pairs contemporary European architecture with interiors by RDAI, the Paris-based design studio internationally recognized for designing Hermès boutiques around the world. Together, the architectural and interior design teams aim to create a refined residential environment centered on timeless materials, natural light and understated luxury.
The development will feature 143 private condominium residences within a striking 25-story residential tower, connected to an adjacent 12-story hotel containing 85 guest rooms. Fouquet's will operate both the hotel and the residential component, bringing its signature hospitality model to homeowners through concierge services, curated programming, personalized experiences and hotel-style management.
Residents will enjoy approximately 40,000 square feet of amenities, including a rooftop swimming pool, state-of-the-art fitness center, golf simulator, spa, juice bar, salon and an extensive collection of wellness offerings. The hotel will also lead the property's food and beverage program, introducing five distinct dining concepts inspired by Fouquet's celebrated culinary portfolio, further integrating the hotel's hospitality experience into everyday residential living.
The project marks another milestone for the renowned French luxury brand. Founded in 1899 on Paris's famed Champs-Élysées, Fouquet's has grown into one of the world's premier hospitality names, with luxury properties in destinations including Paris, New York, Saint-Barth and Courchevel. The Miami Design District development will become the brand's second hotel in the United States, following the opening of Fouquet's New York in 2022, while also representing its first residential development in the U.S.
Situated at 39 NE 39th Street, the nearly two-acre property places residents in the heart of the Miami Design District, surrounded by internationally recognized luxury fashion houses, acclaimed restaurants, contemporary art galleries and public art installations. The location also provides convenient access to Wynwood, Brickell, Miami Beach and Miami International Airport, positioning residents within minutes of many of South Florida's leading cultural, business and entertainment destinations.
Corcoran Sunshine Marketing Group is serving as the exclusive sales and marketing firm for Fouquet's Hotel & Residences, Miami Design District. The listing of the project's first available residence provides an early look at what will become the Miami Design District's first residential development, combining internationally recognized design, branded hospitality and luxury residential living in one of Miami's most dynamic neighborhoods.
Renderings via Mr. P Studios & RDAI
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NBA All-Star Tyler Herro Lists His Pinecrest Estate For $11.999 Million Upon Trade From the Miami Heat
NBA All-Star Tyler Herro has listed his contemporary Pinecrest estate for $11.999 million, offering one of the village's most distinctive luxury residences as the Miami Heat guard begins a new chapter following his trade from the franchise.
NBA All-Star Tyler Herro has listed his contemporary Pinecrest estate for $11.999 million, offering one of the village's most distinctive luxury residences as the Miami Heat guard begins a new chapter following his trade from the franchise.
The property, located at 12900 SW 63rd Avenue in Pinecrest, is exclusively listed by Lourdes Alatriste of Douglas Elliman, with George Sarkis of The Sarkis Team at Douglas Elliman serving as the property's marketing advisor.
Completed in 2021, the Bali-inspired estate sits on nearly one acre and encompasses 9,019 square feet of living space, featuring eight bedrooms, eight full bathrooms, and one powder room. Designed to blend resort-style living with contemporary architecture, the home incorporates soaring ceilings, expansive walls of glass, custom millwork, warm natural finishes, and seamless indoor-outdoor spaces throughout.
The residence offers a collection of luxury amenities tailored for both entertaining and everyday living, including expansive formal and casual gathering areas, a state-of-the-art movie theater, a chef's kitchen with an oversized walk-in pantry, and a three-car garage. The primary suite serves as a private retreat with dedicated elevator access, an oversized sitting room overlooking the pool, and an expansive custom dressing room.
Outside, tropical landscaping surrounds a resort-style swimming pool, covered summer kitchen, and multiple outdoor lounge and dining spaces, creating a private setting inspired by the atmosphere of a luxury resort.
According to property records and listing information, the residence contains 11,625 square feet of actual area, 9,695 square feet of adjusted area, and occupies a 38,768-square-foot lot.
Herro was selected 13th overall in the 2019 NBA Draft out of the University of Kentucky and has become one of the league's top young guards during his NBA career. His accolades include being named the NBA Sixth Man of the Year in 2022, earning his first NBA All-Star selection in 2025, and helping lead the Miami Heat to multiple deep playoff runs, including an appearance in the 2020 NBA Finals.
The listing provides buyers with an opportunity to acquire a recently completed luxury estate in one of South Florida's most sought-after residential communities, while adding another notable athlete-owned property to Miami's high-end real estate market.
Images via Legendary Productions
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Sean 'Diddy' Combs Sells 1 Star Island Waterfront Estate for $55 Million
Sean "Diddy" Combs has sold one of his two waterfront estates on Miami Beach's prestigious Star Island in an off-market transaction valued at $55 million, according to property records. The sale involves the bayfront residence at 1 Star Island Drive, a property Combs acquired in 2021 for $35 million. Public records show the seller was an entity tied to Combs, while the buyer is JFStar LLC, a Virginia-based company led by John A. Franklin.
Sean "Diddy" Combs has sold one of his two waterfront estates on Miami Beach's prestigious Star Island in an off-market transaction valued at $55 million, according to property records.
The sale involves the bayfront residence at 1 Star Island Drive, a property Combs acquired in 2021 for $35 million. Public records show the seller was an entity tied to Combs, while the buyer is JFStar LLC, a Virginia-based company led by John A. Franklin. The acquisition was financed in part with an $18.5 million loan from Axos Bank.
The sale price is approximately $20 million higher than the property's recorded 2021 purchase price. Property records also indicate Combs continues to own the neighboring estate at 2 Star Island Drive.
The property traded in an off-market transaction, a common approach for many of South Florida's highest-priced residential sales, where privacy often takes priority over traditional public marketing.
Situated on approximately 1.3 acres at the entrance to Star Island, the estate offers roughly 240 feet of Biscayne Bay frontage and panoramic views of the Miami skyline. The property includes a two-story main residence and separate guest house totaling nearly 8,000 square feet of living space.
Originally constructed in 1940 and expanded in the mid-1990s, the compound features a private dock, swimming pool and spa, outdoor entertaining areas, and recreational amenities including a basketball court.
Before acquiring the property, the estate had long been owned by Gloria and Emilio Estefan, who used it as a guest residence while maintaining their primary Star Island home nearby. The couple sold the property to Combs in 2021 for $35 million, the purchase was financed with a $20.7 million loan from Bank of America.
The sale is the latest notable transaction on Star Island, where limited inventory and high-profile ownership continue to attract ultra-high-net-worth buyers. The approximately 30-home island remains one of South Florida's most exclusive residential addresses, with record-breaking sales and continued demand reinforcing its position among the country's premier luxury waterfront communities.
Images from previous PROFILEmiami coverage via The Jills Zeder Group at Coldwell Banker
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New Construction Home in Miami's Bay Point Neighborhood Sells For Record-Setting $27.25 Million
Casa Moderne, a newly completed waterfront residence at 790 Lake Road in Miami's exclusive Bay Point neighborhood, has sold for a record $27.25 million. The transaction establishes a new record-setting canal-front price per square foot in Bay Point at $4,284 per square foot.
Casa Moderne, a newly completed waterfront residence at 790 Lake Road in Miami's exclusive Bay Point neighborhood, has sold for a record $27.25 million. The transaction establishes a new record-setting canal-front price per square foot in Bay Point at $4,284 per square foot, reflecting not only the continued demand for luxury waterfront real estate in Miami, but also how the luxury buyer relocating to the area today is fundamentally different from the buyer from a decade ago. Today’s buyers are not looking for a project—they are looking for certainty. They want exceptional architecture, thoughtful design and a home they can enjoy immediately as their most valuable currency is time.
The transaction was overseen by Ana Teresa Rodriguez, founder and CEO of ATR Luxury Homes Group at Coldwell Banker Realty who listed the property. The buyer was represented by Cyril Matz with Douglas Elliman.
Offered fully furnished, the six-bedroom Casa Moderne includes seven full bathrooms and one powder room and spans 6,361 square feet on a 13,532-square-foot waterfront lot. The move-in ready residence features Bay Point's only grandfathered rooftop terrace with panoramic 360-degree views of Biscayne Bay and the Miami skyline, along with custom millwork, a private dock, an infinity-edge pool with spa, chef's kitchen, elevator, air-conditioned garage and designer furnishings by Minotti and Fendi.
The sale is a testament to a significant appreciation in the property's value over time. Originally acquired in 1976 for approximately $125,000, the property was purchased in 2012 by Adonel Concrete CEO Luis García for $1.9 million as his personal residence. In 2016, García offered the property for sale either as an existing residence for $9.98 million or as a redevelopment opportunity with approved plans for approximately $15 million.
After reassessing the long-term potential of the site, García decided to take the listing off the market, demolish the existing home and pursue a full ground-up redevelopment. The new home was envisioned and creatively directed by ATR Concepts, a division of ATR Luxury Homes Group.
Today, the sale of Casa Moderne for $27.25 million underscores the considerable increase in value of premier waterfront real estate in Miami due to the continued migration of wealth to South Florida following COVID and the impact of Florida’s tax advantages. It is also an indication of the strength of Miami's ultra-luxury residential market, where turnkey waterfront properties attract strong buyer demand.
Located in the gated Bay Point neighborhood, Casa Moderne sits on a private waterfront cul-de-sac just moments from Biscayne Bay and offers convenient access to the Miami Design District, Wynwood, Edgewater, Brickell, Miami Beach, Miami International Airport and several of Miami's top private schools. Bay Point, one of Miami’s best-kept secrets, quietly offers something incredibly rare: a private community of approximately 250 homes, owned and operated by its homeowners, with exceptional security, privacy, and one of the most central waterfront locations in the city.
“What was once considered an undervalued hidden gem has evolved into one of South Florida's most sought-after luxury communities,” said Rodriguez. “Buyers today increasingly recognize what longtime residents and investors understood years ago. Bay Point offers an extraordinary combination of exclusivity, privacy, security and accessibility. It now belongs in the same conversation as South Florida’s most exclusive private enclaves.”
“I believed in Bay Point long before it became one of Miami’s most sought-after luxury communities,” said García. “What attracted me from the beginning was its privacy, security, waterfront lifestyle, and central location. I always felt the market would eventually recognize what made this neighborhood so special.”
Images via Unihouse Production
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Ritz-Carlton Residences, West Palm Beach Penthouse Last Listed at $16.95 Million Under Contract For North Flagler Record Total Price and PPSF
A penthouse at The Ritz-Carlton Residences, West Palm Beach has gone under contract after being listed for $16.95 million, setting a new benchmark as the highest-priced condominium sale ever recorded on North Flagler Drive by both total sales price and price per square foot.
A penthouse at The Ritz-Carlton Residences, West Palm Beach has gone under contract after being listed for $16.95 million, setting a new benchmark as the highest-priced condominium sale ever recorded on North Flagler Drive by both total sales price and price per square foot.
The contract marks another milestone for the waterfront luxury development by Related Group and BH Group, underscoring continued demand for branded ultra-luxury residences in West Palm Beach as construction progresses toward its anticipated 2028 completion.
Located on the 27th floor, Penthouse A is the signature residence within the 27-story tower. The four-bedroom, five-and-a-half-bathroom home encompasses 4,897 square feet of interior living space, complemented by approximately 1,200 square feet of private outdoor terraces overlooking the Intracoastal Waterway, Palm Beach Island, and the Atlantic Ocean.
Accessed via a private elevator, the residence features expansive entertaining spaces, soaring 12-foot ceilings, floor-to-ceiling glass, oversized closets, dual primary bathrooms, and a highly customized floor plan designed to maximize indoor-outdoor living. Its elevated position within the tower and unobstructed southeast-facing views distinguish it as the project's premier home.
According to the development team, the purchaser is an existing Palm Beach resident seeking to upgrade to a larger primary residence while remaining in the area. The penthouse's spacious layout, privacy, and ability to accommodate both everyday living and large-scale entertaining were key factors in the purchase decision.
Developed by Related Group in partnership with BH Group, The Ritz-Carlton Residences, West Palm Beach will introduce 138 waterfront residences within a 27-story tower. Homes range from two to four bedrooms and approximately 1,532 to 3,331 square feet, with every residence oriented east to capture panoramic water views.
Designed by Arquitectonica, with interiors by Rockwell Group and landscape architecture by Naturalficial, the development combines contemporary architecture with The Ritz-Carlton's signature hospitality. Residences feature soaring ceilings, floor-to-ceiling glass, custom Italian cabinetry, premium appliances, expansive terraces, and private elevator access.
The amenity collection includes a resort-style waterfront pool deck, state-of-the-art fitness and wellness center, spa, entertainment lounges, coworking spaces, children's playroom, golf simulator, guest suites, and a full suite of Ritz-Carlton residential services. Construction is currently underway, with completion anticipated in 2028.
Renderings via The Boundary
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A penthouse at The St. Regis Residences, Miami is under contract for $47 million, marking one of the largest and highest-priced condominium transactions in Brickell's history and highlighting continued demand for ultra-luxury residences in Miami's urban core. The buyer, a New York family relocating to South Florida, has placed the two-story Charles Penthouse under contract at the waterfront development in South Brickell.