Cipriani Residences Miami, the Cipriani brand’s first-ever ground-up residential tower in the nation, has achieved a significant milestone with the sale of Penthouse 1 for $16.2 million. Developed by Mast Capital, this impressive four-bedroom home offers 9,221 square feet of combined indoor and outdoor space and emulates the prestige of the Cipriani brand.

Featuring four bedrooms and five and a half bathrooms, Penthouse 1 offers 4,888 square feet of interior space as well as an expansive 4,333 square feet of outdoor terrace space. The residence provides an unparalleled lifestyle with a private infinity-edge swimming pool, fully operational outdoor summer kitchen, and a suite of state-of-the-art appliances. 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.

The Canaletto Collection at Cipriani Residences Miami represents the highest level of luxury in Brickell, with 68 two- to five-bedroom residences and six marquee penthouses. The collection offers thoughtful customization options, like the interior architecture package offered exclusively to penthouse owners, as well as custom furniture and accessory packages designed by 1508 London.

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, and a robust wellness offering featuring a fully equipped state-of-the-art fitness center, spinning room, holistic spa, ice plunge, and sauna. 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.

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