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Pharrell Williams’ Miami Penthouse Marked Down $5.9M

July 2, 2013 by Lucas Lechuga
Pharrell Williams Miami penthouse at Bristol Tower

It appears that the market for Miami penthouse condos is not all sunshine and rainbows.  Despite a red hot Miami luxury real estate market which has seen an array of record-breaking penthouse sales during the first half of this year (See Exhibit A, Exhibit B, Exhibit C and Exhibit D), the Bristol Tower penthouse currently owned by hip-hop sensation, Pharrell Williams, has seen its price slashed $5.9M since hitting the market this past November.  Initially set at $16.8M, the tri-level mansion-in-the-sky was recently marked down to $10.9M - a whopping 35 percent price reduction!

Formerly the residence of Bristol Tower developer, Ugo Colombo, the 5 bedroom, 6.5 bath penthouse features 9,080 interior square feet, private elevator entry, grand living spaces with impressive floor-to-ceiling glass walls, a 180-degree wrap-around balcony, 7 assigned parking spaces and rooftop terraces with summer kitchen, pool and Jacuzzi.  The one-of-a-kind penthouse also sports a sensational view!  It offers sweeping 360-degree views of Biscayne Bay, the Atlantic Ocean and sparkling city lights at night along with the opportunity to enjoy both the sunrise and sunset each day.

According to property records, Mr. Williams acquired the penthouse in March 2007 for $12,525,000.

rooftop pool

rooftop terrace

Bristol Tower penthouse living room

master bedroom

master bathroom


dining room

180-degree wrap-around balcony

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[…] The Miami Condo Investments blog spilled the beans about design-oriented hip-hopper Pharrell Williams having hacked a blood curdling $ 5.9 million dollars off the price of his airy, multi-level penthouse aerie atop the Bristol Tower complex in Miami Beach, FL. Your Mama (dissed and) discussed the  9,080 square foot 5 bedroom and 6.5 bathroom penthouse back in November 2012 when it first popped up on the open market with an in-hindsight wickedly optimistic $ 16.8 million price tag. (listing photo: Coldwell Banker) […]

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