Inside A $32 Million Cipriani Residences Penthouse In Miami

04.05.2024 - 11:51 / forbes.com / Monte Carlo

Over the past 90 years three generations of the Cipriani family have developed their business into an international hospitality brand, with restaurants, landmarked event spaces, luxury residential, hotels and private membership clubs throughout the most prestigious cities in the world. Locations include Venice, New York, Miami, Los Angeles, Abu Dhabi, Hong Kong, Monte Carlo, Ibiza, Mexico City, Dubai, Riyadh, Las Vegas and the upcoming Punta del Este, Milan, Jeddah, Istanbul and Doha.

Cipriani Residences Miami, the brand’s first ground-up residences in the United States, has unveiled Penthouse 3, a $32 million residence masterfully crafted by renowned design firm 1508 London, representing the highest level of luxury in the Brickell neighborhood.

Offering stunning vistas of Biscayne Bay, the Atlantic Ocean and Key Biscayne from both the interiors and sprawling outdoor terrace, the opulent five-bedroom, six-and-a-half- bathroom triplex penthouse occupies over 6,000 square feet and is part of the tower’s Canaletto Collection, an assemblage of 74 homes on the top 18 floors. Discerning owners are treated to such exclusive privileges as priority access to the private Cipriani speakeasy and dining spaces, a private elevator lobby with two elevators and global concierge services. Penthouse 3 touts over 3,000 square feet of private outdoor space and curving floor-to-ceiling windows that epitomize the building’s modern architecture It is one of just six penthouses crowning the 80-story building and is designed to provide the experience of a private social club.

Space seems limitless throughout, accented by an impressive double-height great room, family room and dedicated game room with a wet bar and table tennis. After a few gaming sessions friends and family can access the private open-air rooftop terrace which features an infinity-edge swimming pool overlooking the Miami city skyline, as well as a summer kitchen for entertaining guests and al fresco dining.

The interior of Penthouse 3 reflects exquisite aesthetics and Italian flair, two trademarks of the Cipriani brand. Two interior designs include the ‘Tradizionale’ package, conceived in the signature Cipriani style, and the ‘Contemporaneo,’ a more contemporary assemblage while still incorporating elements of the brand.

The residence offers the utmost in privacy with direct elevator entry access and designated service quarters. Cipriani Residences Miami is slated for completion in 2028. Cipriani Residences Miami’s 397 one to four-bedroom private residences start at $1.7M. Sales and marketing efforts are handled exclusively by Fortune Development Sales.

Developer Mast Capital is a value-oriented real estate investment company with acquisitions in the