$86 Million Penthouse Sale Shatters Miami-Dade County Condo Record

Seaway at The Surf Club Penthouse Sale Shatters Highest-Priced Condo Sale in Miami-Dade County

A penthouse at Seaway at the Surf Club has officially sold for $86 million, marking the highest-priced condominium sale ever recorded in Miami-Dade County. The sale, which closed in November 2025, not only sets a new benchmark but shatters the previous record of $60 million, held by the famed Faena House penthouse that sold in 2015. This milestone underscores the extraordinary demand for ultra-luxury, oceanfront living in Surfside—one of Miami’s most exclusive stretches of coastline.

A Boutique Oceanfront Development Redefining Surfside Luxury

Located just north of the iconic Surf Club Four Seasons, Seaway at the Surf Club is a boutique, two-tower development positioned at 9149 and 9165 Collins Avenue. Developed by Fort Partners, the project comprises only 34 residences, offering an exceptionally private and design-forward alternative to Miami’s larger high-rises. Though the development was completed over a year ago, it is the Penthouse 11 sale that has truly put Seaway at the Surf Club on the map.

Architectural Refinement by O’Donnell & Partners, Interiors by Joseph Dirand

Seaway’s architecture was designed by O’Donnell & Partners, whose work emphasizes proportion, serenity, and an effortless connection to the ocean. Inside, acclaimed French designer Joseph Dirand crafted interiors that reflect his signature blend of European minimalism and coastal sophistication. Expansive terraces, floor-to-ceiling glass, sculptural lines, and bespoke finishes all contribute to a calm, refined living experience—one that resonates deeply with discerning global buyers.

Four Seasons Service: The Ultimate Luxury Amenity

Beyond its architecture and design, Seaway’s greatest asset may be its proximity to—and integration with—the Surf Club Four Seasons. Residents enjoy unfettered access to the full suite of Four Seasons amenities, including beachfront cabanas, fine dining, spa and wellness services, and private club facilities. This combination of low-density residential living and world-class hospitality places Seaway in a category all its own along Miami’s beachfront.

A Record-Shattering Sale—and Signs of What’s Coming Next

The $86 million sale of Penthouse 11 doesn’t just surpass the previous $60 million Faena House record—it obliterates it. Yet the momentum at the very top of Miami’s luxury market suggests even more history may soon be written. A penthouse at The Shore Club is reportedly under contract for approximately $120 million, positioning it to potentially set a new all-time record if and when the transaction closes.

Total Price vs. Price Per Square Foot: A Tale of Two Records

While Seaway’s penthouse now holds the highest total sale price for any condo in Miami-Dade County, it did not claim the title for highest price per square foot. That distinction belongs to its neighbor to the south, The Surf Club Four Seasons. In July of this year, S-PH2 sold for $38.2 million, or an extraordinary $6,731.20 per square foot. The buyer was Daniel Nadler, founder of Google-backed medical AI company OpenEvidence. This remarkable price-per-square-foot figure highlights not only the strength of Surfside’s ultra-luxury segment but also the exceptional desirability of the Surf Club Four Seasons brand.

A Market Continually Redefining the Meaning of Luxury

Together, these results paint a clear picture: Surfside has become the epicenter of Miami’s high-end oceanfront market. With Seaway now holding the county’s highest condo sale ever, and the Surf Club Four Seasons setting the bar for price per square foot, the neighborhood has cemented its position as one of the most coveted residential destinations in the United States.

And with the $120 million Shore Club penthouse potentially on deck, Miami’s ultra-luxury condo market may soon rewrite the record books once again.

St. Regis Residences Sunny Isles Beach Secures $418M in Construction Financing

Bank OZK Boosts Loan Commitment to $418.3 Million

The developers of St. Regis Residences Sunny Isles Beach—Fortune International Group and Château Group—have secured a major increase in construction financing after Bank OZK expanded its loan commitment—which previously totaled $219 million—to $418.3 million. This substantial boost marks one of the largest construction financing packages issued for a Sunny Isles Beach condominium development and underscores the lender’s strong confidence in the project’s scale, market positioning, and long-term viability. The development is rising on a 4.7-acre oceanfront site at 18801 Collins Avenue, featuring 435 linear feet of beachfront—one of the most significant and scarce parcels under development in the area.

Strong Sales Momentum and Multi-Billion-Dollar Sellout

Industry reports highlighted that the South Tower, which launched sales in 2022, is now about 90 percent presold. With both towers combined, the development is expected to achieve a sellout exceeding $3 billion, placing St. Regis Residences among the most significant luxury offerings in the South Florida market. The project includes two 62-story towers, with the South Tower offering 170 residences and the North Tower 150. Completion timelines currently anticipate delivery of the South Tower in Q4 2028 and the North Tower in Q4 2029. The infusion of capital comes at a pivotal moment, reinforcing construction progress and supporting the momentum generated through strong presales.

Continued Confidence in the Project

Bank OZK’s expanded commitment signals a major endorsement of the project and the branded-residence sector in Sunny Isles Beach. The financing increase positions the development for continued progress heading into 2026. Featuring architecture by Arquitectonica and interiors by Patricia Anastassiadis, St. Regis Residences Sunny Isles Beach continues to attract attention as one of the most anticipated luxury residential offerings in the region.

A Significant Milestone for a Landmark Development

With construction now strongly capitalized and sales performance surpassing industry benchmarks, the development remains firmly on track to deliver the elevated lifestyle synonymous with the St. Regis brand. The expanded financing package provides long-term stability, allowing the developers to maintain steady progress as they advance construction and move the development toward full completion. For prospective buyers, brokers, and market analysts, this financing milestone reaffirms the project’s strength and its position as a standout in South Florida’s luxury real estate landscape.

The Living Room by Cipriani Debuts at Icon Brickell: A New Jewel in Miami’s Nightlife

Miami’s vibrant nightlife scene is about to welcome a touch of classic Italian elegance. The Living Room by Cipriani is set to open its doors on December 5th, 2025, bringing the iconic Cipriani brand’s renowned hospitality right to the ground floor of Tower 1 at Icon Brickell (465 Brickell Ave. CU1, Miami).

A New Lounge Experience in Brickell

The Living Room by Cipriani offers a unique blend of refined Italian design and Miami’s energetic spirit. This intimate venue features 92 indoor seats spread across three beautifully designed rooms, each evoking a distinct story with art deco influences, Murano glass, and warm walnut finishes. Guests can also enjoy a 62-seat waterfront terrace overlooking Biscayne Bay, which is set to open in early 2026.

Classic Cipriani Flair Meets Miami Nightlife

In true Cipriani fashion, the menu will feature beloved classics like the signature Bellini, carpaccio alla Cipriani, and baked tagliolini. The venue combines great food, music, and a sophisticated yet welcoming atmosphere, perfect for a memorable evening.

Event Details and Location

The Living Room by Cipriani will officially open to the public on December 5th, 2025. Located in Brickell, at the base of the Cipriani Restaurant in Icon Brickell, it promises to become a go-to spot for both locals and visitors seeking a taste of Italy in the heart of Miami.

SunLife Organics Brings Its Beloved Wellness Vibes to Wynwood at Joule House’s Calle Collective

Health and wellness enthusiasts in Miami have something to look forward to: the celebrated SunLife Organics is officially expanding into Wynwood. Known for its nutrient-packed smoothies, acai bowls, and a holistic approach to well-being, SunLife Organics will be opening its second South Florida location within Calle Collective at Joule House in Q3 2026.

Already a major hit in South Beach—its only other Florida outpost—SunLife Organics is a brand with a devoted following. With multiple locations across California, Texas, Chicago, New York, and Nashville, this expansion into Wynwood underscores just how beloved the brand has become. Now, it’s poised to bring its “Billion Dollar Smoothie” and wellness philosophy to the heart of Wynwood’s creative and cultural scene.

A Hub for Art, Culture, and Now Wellness

Set within the vibrant retail base of Joule House, Calle Collective is more than just a shopping destination—it’s a kaleidoscope of art and community. Curated with 19 large-scale murals by Miami artists, it’s a place where creativity thrives. And soon, it’ll also be a place where locals can grab a wellness-boosting treat from SunLife Organics as they explore the neighborhood.

“From the beginning, our vision for Calle Collective at Joule House has been to create an environment where art, culture and lifestyle come together to enrich daily life,” said Winston Fisher, Partner at Fisher Brothers. “Sunlife Organics’ authentic approach to health and wellness embodies that vision, making them the perfect addition to Calle Collective. With a devoted following and nationally recognized brand, we have no doubt they will become an integral part of the Wynwood community.”

About SunLife Organics

With locations in major cities nationwide and a loyal following, SunLife Organics has become synonymous with a lifestyle of health and positivity. Now, Wynwood residents and visitors will have the chance to experience the brand’s signature offerings right in their own neighborhood. Whether it’s a morning smoothie or a nourishing bowl, SunLife Organics is ready to become a daily ritual for many in this dynamic part of Miami.