South Florida Penthouse Shatters Records with $55 Million Sale

Sunny Isles Beach, FL – April 25, 2024 – The South Florida luxury real estate market has reached new heights with the pending sale of a stunning penthouse at the St. Regis Sunny Isles Beach for a record-breaking $55 million.

This opulent sky mansion perched atop the soon-to-be-completed South Tower will hold the title of South Florida’s tallest residential building, offering breathtaking, unobstructed panoramic views of the Atlantic Ocean. Designed by the renowned architectural firm Arquitectonica, the interiors will boast the creative vision of São Paulo-based designer Patricia Anastassiadis, known for her luxurious aesthetic. Landscape design comes courtesy of EDSA, adding another layer of sophistication to the outdoor spaces.

“This penthouse sale signifies the enduring allure of South Florida’s beachfront living,” said a spokesperson for the developers, Fortune and Château. “The St. Regis offers an unparalleled combination of location, design, and amenities, and this penthouse truly represents the pinnacle of luxury living.”

While details about the buyer remain undisclosed, reports suggest a South American resident secured the property. The sale surpasses previous South Florida penthouse records and sets a new benchmark for luxury residences in the region.

The developers have not yet released pricing information for the North Tower’s penthouse, but confirmations suggest it will eclipse the South Tower’s record-breaking price tag. With construction slated for completion in 2027, the St. Regis Sunny Isles Beach is poised to become a landmark on the South Florida coastline, attracting an elite clientele seeking the ultimate beachfront living experience.


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