Buyers, Here’s Your Guide to Make Your Homeownership Dream Alive in 2025 [PART 1] — Urban Resource
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A record-breaking sale for the St Regis Sunny Isles Beach Penthouse is underway. In a jaw-dropping display of luxury real estate, a South American buyer has set their sights on a remarkable penthouse duplex in Miami. The South Tower penthouse commands an astonishing $55 million price tag, now pending contract.
Projected to stand at an impressive height of 750 feet, the South Tower will claim the title of South Florida’s tallest residential building gracing the oceanfront. Designed by the architectural firm Arquitectonica, with interiors envisioned by the renowned São Paulo-based designer Patricia Anastassiadis and landscape design by EDSA, the tower is slated for completion in 2027. Should this opulent penthouse transaction finalize, it will undoubtedly mark a record-breaking sale for the Sunny Isles Beach neighborhood.
Occupying the 61st and 62nd floors, the expansive St. Regis penthouse spans an astounding 9,843 square feet of indoor living space. It’s accompanied by an impressive 8,822 square feet of additional outdoor space. The outdoor area is a sanctuary in its own right, featuring a private pool, Jacuzzi, and a summer kitchen, offering ease of alfresco living in Miami. The trophy penthouse boasts four bedrooms, a home office, seven baths, two powder rooms, and lavish 12-foot ceilings, complemented by floor-to-ceiling glass that frames panoramic views.
Initially listed for $60 million, the St Regis Sunny Isles Beach Penthouse showcases what luxury living in Miami is about. With its unparalleled amenities and architectural grandeur, residents of the building are treated to an array of fantastic features. The amenities include pickleball and padel courts, a state-of-the-art wellness center, and a therapeutic pool. The private lounge areas cater to adults, kids, and teens alike, ensuring every family member finds their sanctuary. Additionally, a private beach club, three ocean-facing pools with cabanas, and a sunset pool deck. The gorgeous infinity-edge pool deck will elevate the coastal living experience to new levels.
Construction began in August 2023 on the St Regis South Tower, but they aim to complete both towers in 2027. The 62-story north tower will have 170 condos with floor plans ranging from two to five bedrooms ranging from 1,800 square feet to 5,500 square feet.
Developed by Fortune International Group & Château Group, the St. Regis Sunny Isles Beach Residences have garnered substantial interest, with units in the South Tower selling rapidly. The development has already achieved an impressive sell-out rate for the South Tower. Considered a testament to the allure of its unparalleled luxury, world-class oceanfront amenities, and overall desirability of South Florida living.
According to the latest news, Defortuna said they designed the units in the north tower to be larger based on feedback from buyers in the south tower. Fortune and Château are upping the prices for the north tower units, which will range between $4.5 million and $15 million. Units at the 62-story, 194-unit south tower started at $3 million when sales launched in 2022.
The developers estimate the total sellout for St. Regis Residences will be $3 billion. Presales for the south tower include the $55 million penthouse. The developers have not released pricing for the north tower’s penthouse but confirmed it will be more expensive than the south tower’s.
In the ever-evolving landscape of Miami luxury real estate, the pending sale of this penthouse exemplifies Sunny Isles Beach’s position as a premier destination. The location is ideal for buyers seeking the best coastal living and sophistication in Miami.
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