Pagani Residences Debuts Record-Setting Penthouses and the Exclusive Pagani Utopia Miami Edition
Today, Miami witnessed the next evolution of branded luxury living with the official debut of Pagani Residences’ two crown jewel penthouses. Designed by renowned Italo-Argentine automaker Horacio Pagani, the world’s first Pagani-branded residential project continues to push the limits of artistry, innovation, and craftsmanship. Located at 7940 West Drive in North Bay Village, the newly unveiled duplex penthouses—priced at $30 million and $28.5 million—set record-breaking price points for the three-island city, further establishing the project’s position as a landmark in Miami’s ultra-luxury market.
A New Benchmark in Design and Architecture
Crowning the 28th and 29th floors, the two penthouses at Pagani Residences epitomize the project’s commitment to architectural beauty and automotive precision. Penthouse 01 spans 12,200 square feet—7,000 interior and 5,200 outdoor, with five bedrooms and six bathrooms—while Penthouse 02 offers 10,700 square feet—6,100 interior and 4,600 outdoor, with four bedrooms and five bathrooms. Each residence rises across two dramatic levels with soaring 13-foot ceilings, private elevator access, and expansive terraces framing panoramic views of Biscayne Bay and the Miami skyline.
Personally curated by Horacio Pagani and the Pagani Arte team, every finish and fixture within the penthouses reflects the brand’s signature fusion of performance engineering and sculptural design. Interiors feature light oak flooring arranged in Pagani’s chevron parquet pattern with intricate metal inlays, complemented by travertine stone on the second level. A swirling travertine staircase with oak and white lacquered metal details serves as a functional centerpiece, recalling the craftsmanship seen in Pagani’s legendary hypercars. The kitchens, created by Schiffini Magistretti and outfitted with penthouse-exclusive Gaggenau appliances, come in luxurious combinations of Carrara marble and Argento Veneziano aluminum or Portoro marble and Nero Lipari aluminum. Bathrooms continue the bespoke approach with honed travertine, Pagani’s 1000 line detailing, and Gessi Cesello fixtures.
“Pagani Residences represents the pinnacle of living and design, and the penthouses are its most exceptional expression,” said Mikael Hamaoui, founder and CEO of Riviera Horizons. “From bespoke materials to private pools, to the rarest of automotive works of art, these homes elevate luxury into legend.”
The Pagani Utopia Miami Edition
In a move that redefines branded living, each penthouse purchase includes the opportunity to acquire a “Miami Edition” Pagani Utopia Roadster—a hypercar personally designed by Horacio Pagani. Inspired by Miami’s endless sea and sky, the Utopia Miami Edition features a bespoke blue finish, merging high performance with coastal artistry. Beyond the vehicle itself, each penthouse buyer will be invited to Italy for an immersive experience that includes a private tour of the Horacio Pagani Museo, an Atelier visit, and a personal meeting with Horacio Pagani and the Pagani Arte team.
During the trip, owners will collaborate directly with Pagani’s craftsmen to personalize both their hypercar and their residence, ensuring a cohesive expression of art, engineering, and individuality. The development also offers the option to purchase a private garage suite within the tower—designed with the same obsessive attention to detail that defines Pagani’s automotive interiors—giving each Utopia Roadster a fitting home beneath its owner’s penthouse.
“At Pagani, every creation begins with a dialogue,” said Horacio Pagani, founder and CEO of Pagani Automobili. “Just as we design a hypercar hand-in-hand with its owner, Pagani Residences, in collaboration with Pagani Arte, invites each resident into the adventure of shaping their home. Whether it’s a penthouse or a one-bedroom, the true pleasure is in crafting something unique and personal, infused with the same spirit of artistry and joy that defines our cars.”
Lifestyle, Amenities, and Setting
The penthouses come with private access to Pagani Residences’ signature wellness and social amenities. These include a state-of-the-art fitness center, a waterfront spa and restorative lounge on the 29th floor, and a rooftop pool deck with cabanas and thermal plunges. Interiors throughout the tower are designed by Pagani Arte and A++, distinguished by penthouse-exclusive chandeliers and Pagani’s signature ellipses—an iconic design motif drawn from the automaker’s supercars. Residents enjoy white-glove services and seamless lifestyle management, allowing each home to operate as both a personal retreat and a showcase of craftsmanship.
Set within North Bay Village, a tranquil enclave positioned in the center of Biscayne Bay, Pagani Residences offers effortless access to Miami’s premier destinations—including Miami Beach, Bal Harbour, Fisher Island, and the Design District—along with proximity to both Miami International and private airports. With just 70 residences in total, including four Sky Residences and two penthouses, exclusivity remains the project’s defining principle. Residences are priced starting at $3.7 million.
The Future of Branded Luxury Living
Pagani Residences represents a bold step forward for branded developments, merging the artistry of automotive design with the architectural language of luxury real estate. The project’s record-setting penthouse pricing not only cements its place in North Bay Village history but also signals Miami’s continued rise as a global hub for design-driven living. By offering an integrated lifestyle that includes a hypercar, a handcrafted residence, and a direct relationship with one of the world’s most revered designers, Pagani Residences transcends traditional notions of homeownership.
As Mikael Hamaoui summarized, these homes “elevate luxury into legend.” And as Horacio Pagani described, each residence is “a canvas for imagination, collaboration, and signature style.” Together, they have redefined what it means to live— and drive—at the highest level of artistry.
Download the Official Pagani Residences Penthouse Brochure
Discover detailed renderings, floor plans, and the design story behind the world’s first Pagani-branded residential tower.
Ritz-Carlton Residences Planned for North Bay Village by Related Group and Macklowe Properties
The North Bay Village skyline is set to welcome a new luxury landmark. According to The Real Deal, Related Group and Macklowe Properties are partnering to develop a two-tower waterfront condominium project on Harbor Island that will carry the prestigious Ritz-Carlton brand. The development marks a significant step in the transformation of North Bay Village and represents Macklowe’s first major project in South Florida.
A Landmark Development on Harbor Island
Located at 8000 and 7946 East Drive, the site has been approved for two 43-story towers rising 500 feet, with plans calling for a total of 364 luxury residences. Designed by renowned Miami-based architecture firm Arquitectonica, the twin-tower project will combine elegant design, top-tier amenities, and Ritz-Carlton’s globally recognized standard of hospitality and service. The development will also feature approximately 800 parking spaces—nearly two per unit—providing an unusually high ratio for a luxury waterfront property.
Lifestyle Amenities and Waterfront Appeal
Beyond its impressive scale, the Ritz-Carlton Residences in North Bay Village will offer a lifestyle tailored to the city’s growing base of high-end buyers. Plans include a 42-slip private marina, allowing residents direct access to Biscayne Bay, as well as a 9,000-square-foot public park designed to enhance the pedestrian experience along the waterfront. Together, these features underscore the developers’ commitment to blending exclusivity with community access—an increasingly important factor in today’s urban luxury developments.
The Power of the Ritz-Carlton Brand
The Ritz-Carlton name continues to be one of the most powerful in luxury real estate, often commanding a premium in markets around the world. Miami is no exception, with existing Ritz-Carlton branded residences in Miami Beach and Coconut Grove setting a high bar for service, architecture, and resale value. The North Bay Village project builds on that legacy while introducing the brand to an emerging waterfront neighborhood positioned between Miami and Miami Beach. For both domestic and international buyers, the combination of the Ritz-Carlton name, waterfront location, and Related’s development pedigree makes this one of the most anticipated launches in Miami’s preconstruction pipeline.
Confidence in North Bay Village’s Transformation
Once a quiet island community, North Bay Village has been undergoing a gradual renaissance, attracting major developers eager to capitalize on its waterfront potential and proximity to key business and entertainment districts. The arrival of a Ritz-Carlton-branded project signals a new chapter for the area—one that aligns it with Miami’s most desirable neighborhoods. For Related Group, the project continues its expansion of branded luxury residences, while for Macklowe Properties, it represents a major entry point into the South Florida market.
What Comes Next
Details on pricing, floor plans, and delivery timelines have not yet been released, but the scale and brand positioning suggest that pricing will be competitive with other Ritz-Carlton-branded residences in Miami, where per-square-foot prices often exceed $1,500. Buyers can expect the full range of five-star amenities and services synonymous with the brand, from concierge and valet to spa, wellness, and waterfront leisure offerings. As the project moves forward, it will be one to watch—both for investors seeking premium branded residences and for those tracking North Bay Village’s emergence as Miami’s next luxury waterfront enclave.
Tula Residences Brings Waterfront Luxury to North Bay Village
Rising 21 stories over Biscayne Bay at 7918 West Drive, Tula Residences is set to become the first true luxury condominium in North Bay Village upon its anticipated completion in Q4 2026. Developed by Pacific & Orient Properties, LLC, the boutique tower will feature just 54 residences, including six exclusive penthouses, each designed to maximize privacy, panoramic views, and seamless indoor-outdoor living. The building’s striking architecture, by MTTR MGMT, is complemented by interiors from Shannon Farrell Design, blending sleek modernity with organic warmth to create a refined coastal lifestyle.
Tula Residences offers corner-only floor plans with no more than four units per level, ensuring unobstructed water and skyline vistas. Residences include two-bedroom, two-plus-den, and three-bedroom layouts from 1,590 to 2,440 square feet, while penthouses span up to 4,140 square feet with five bedrooms plus a den. Every home features wraparound glass terraces, 10-foot ceilings, Italian-designed kitchens with Miele appliances, walk-in laundry rooms, and stone flooring throughout. Residents will enjoy a collection of curated amenities, including a resort-style pool with cabanas, a state-of-the-art wellness center, a pet spa, a private dining room, a residents’ lounge overlooking the bay, and 24-hour concierge service.
Located between Miami and Miami Beach, North Bay Village is undergoing a dramatic transformation, with a surge of new residential and mixed-use developments attracting both luxury buyers and investors. Long known for its prime waterfront setting, the island community is now seeing the arrival of high-end projects that are redefining its skyline and lifestyle offerings. Tula Residences joins this wave of revitalization alongside other boutique and high-rise developments, new restaurants, and enhanced public spaces—positioning North Bay Village as one of Miami’s most exciting emerging neighborhoods. With its central location, residents enjoy quick access to Aventura Mall (20 minutes), Bal Harbour Shops (15 minutes), the Miami Design District (18 minutes), Miami International Airport (20 minutes), and Fort Lauderdale-Hollywood International Airport (30 minutes), making it both a serene escape and a connected hub.
Isle of Dreams: 39-Story Mixed-Use Tower Moves Forward with Shoreline Review Application in North Bay Village
A significant milestone has been reached for the highly anticipated Isle of Dreams, as a shoreline development review application has been officially submitted. This 39-story mixed-use tower, planned for 1400 79th Street Causeway in North Bay Village, is being developed by Sunbeam 1400, LLC, an affiliate of Sunbeam Properties led by Andrew Ansin. Designed by the renowned architectural firm Arquitectonica, the tower marks the inaugural phase of the Sunbeam NBV Special Area Plan (SAP), a master-planned development spanning 13 acres. Initially approved in 2022, this expansive project will bring residential, office, retail, and hotel components to the area while enhancing public access to Biscayne Bay.
Set to rise approximately 450 feet (466 feet above sea level), the Isle of Dreams will feature 246 residential units, restaurant space, and a publicly accessible waterfront promenade. As part of the broader Island Walk initiative, the development incorporates an 18-foot-wide public easement along the shoreline, complete with a pedestrian walkway made of Ipe decking, native landscaping, and inviting seating areas. The tower’s stepped massing is intentionally designed to preserve open view corridors, preventing the “walled-off” effect often associated with waterfront developments.
Sunbeam Properties is seeking several exceptions to Miami-Dade County Code shoreline development requirements, arguing that these modifications will enhance public access while maintaining the integrity of the Sunbeam SAP’s vision.
Shoreline Setback: The county mandates a 75-foot setback for structures of this height. The Sunbeam SAP permits a 25-foot setback, but Isle of Dreams proposes 35 feet. To offset this adjustment, Sunbeam will establish a public easement ensuring the permanent maintenance of the Island Walk.
Visual Corridors: County code requires a 20% lot width unimpeded visual corridor, translating to a 57-foot-wide opening. Isle of Dreams exceeds this, providing a 68-foot-wide visual corridor, though a one-story café structure within this space requires an exception.
Side Setbacks: While county regulations stipulate 25-foot side setbacks, the proposal varies: 29-39 feet along 79th Street Causeway, 67-68 feet along the southern property line, and 13 feet along Adventure Avenue. Due to the site’s irregular shape and dual frontages, an exception is being sought.
Sunbeam argues that these exceptions align with the Sunbeam SAP’s objectives, ultimately enhancing the public realm by improving waterfront access and pedestrian connectivity. The design prioritizes open spaces and public amenities, ensuring that Isle of Dreams integrates seamlessly into the community while offering unobstructed views of Biscayne Bay.
As part of the standard shoreline development approval process, Miami-Dade County will now review the application. If approved, Isle of Dreams will play a transformative role in North Bay Village’s future, redefining the area’s skyline and waterfront experience.
Luxury Hypercar Brand Pagani Launches its First Residential Condo Development in North Bay Village – Pagani Residences Miami
In a groundbreaking collaboration between Miami-based developer Riviera Horizons and the esteemed Italian Hypercar brand Pagani, the world’s first Pagani Residences are set to grace the skyline of Miami’s North Bay Village. This boutique luxury residential building, boasting interiors designed by Pagani Arte, promises to redefine opulent living in the heart of Miami’s vibrant landscape.
Pagani Residences represent the convergence of Pagani’s bespoke design ethos with Miami’s dynamic energy. Renowned for its exquisite quality and unique engineering in crafting tailor-made Hypercars, Pagani Automobili brings its signature blend of luxury and innovation to the world of residential living.
Horacio Pagani, founder and CEO of Pagani Automobili, describes Pagani Residences as an exciting blend of bespoke design and vibrant allure. He envisions residents experiencing the same exhilaration and excitement as Pagani Hypercar owners, capturing the essence of Pagani’s distinctive craftsmanship and design philosophy.
Designed by Miami’s renowned architecture firm Revuelta Architecture International, with interiors curated by Pagani Arte, Pagani Residences embody the epitome of luxury living. The 28-story tower boasts 70 residences, each featuring spacious two-to-four-bedroom layouts with panoramic waterfront views and private terraces.
The pinnacle of extravagance is embodied in the grand two-story penthouses, complete with private rooftop pools and expansive outdoor living spaces. With only four residences per floor, privacy is paramount, offering residents a sanctuary amidst the bustling cityscape.
From valet parking and porte-cochère to a pet spa and waterfront lobby, Pagani Residences spare no expense in providing residents with a curated living experience. The ground floor amenities include bicycle, paddleboard, and kayak storage, 24/7 security, private garages, and preferred parking.
Residents can indulge in a collection of wellness amenities on level 27, including a state-of-the-art fitness center, dedicated Pilates and yoga studios, and a spa with stunning views of Biscayne Bay. The rooftop pool and sky lounge on level 28 offer breathtaking 360-degree views of the Atlantic Ocean and Biscayne Bay, complete with poolside cabanas and fully appointed summer kitchens for alfresco dining.
Nestled in North Bay Village on Harbor Island, Pagani Residences offer a serene retreat with some of Miami’s most astounding views. Situated in the epicenter of art, culture, and lifestyle, residents are within a short distance of Miami International Airport, shopping districts, golf courses, and cultural attractions.
Riviera Horizons is a multi-faceted real estate firm dedicated to curating exceptional living and investment opportunities. Led by founder and CEO Mikael Hamaoui, Riviera Horizons bridges aspirations with possibilities, creating spaces that transcend mere structures and foster communities where individuals thrive.
Pagani Arte expands the Pagani experience from the automotive world into new horizons in interior design. Embracing a multitude of fields, from furniture to aviation, Pagani Arte strives to achieve the perfect balance between functionality, aesthetics, craftsmanship, and technical innovation.
With prices starting at $2.4 million, Pagani Residences invite you to experience the pinnacle of luxury living in Miami. Pagani is anticipated to be completed in 2027.
Introducing Continuum Club & Residences in Miami’s North Bay Village
We are thrilled to announce the official launch of sales for Continuum Club & Residences, a groundbreaking luxury condominium in Miami’s exclusive North Bay Village. This project heralds the advent of Continuum 2.0 – the second-ever Continuum branded residence. It’s a testament to the visionary prowess of developer Ian Bruce Eichner, who has transformed Miami’s South of Fifth neighborhood into a prestigious community.
This remarkable venture is a collaborative effort between Continuum Company and Aksoy Holdings, the Turkish developer behind The Ritz-Carlton Residences, Bodrum. Their partnership has resulted in the creation of a residential marvel that is set to redefine luxury living in Miami.
Continuum Club & Residences is a splendid addition to Miami’s real estate portfolio, slated to break ground in the winter of 2024. This project will stand as a curvaceous 32-story beacon, featuring 198 residences ranging from one to four bedrooms, including lavish penthouses. With prices starting just under $1,000,000, these homes range from 800 to 4,000 SF, offering unrivaled views of the Atlantic Ocean, Biscayne Bay, Indian Creek, and Downtown Miami.
Ian Bruce Eichner, the Chairman and CEO of Continuum Company, sees North Bay Village as the next South of Fifth – ripe with growth potential. His dedication to pioneering neighborhood evolutions makes this project an exciting opportunity for investors.
The project is a blend of exquisite design and architecture by Arquitectonica, with interiors by Durukan Design and landscaping by Martha Schwartz Partners (MSP). Each residence boasts private terraces, Subzero/Wolf appliances, and luxurious primary baths. Over 50,000 SF of amenities include a waterfront resort pool, marina, indoor fitness studio, resident spa, and much more.
Residents will enjoy a destination waterfront restaurant, private dining room, outdoor dining pavilion, and exclusive Continuum 24/7 Marketplace and Minibar. The development also includes a Continuum Resident’s App, E/V Charging Stations, and Tesla House car for unmatched convenience.
The development caters to all ages with an arcade, virtual lounge, children’s playroom, and outdoor splash pad. For adults, there are workspaces with WiFi, a waterfront boardroom, and an executive lounge. Pet amenities include an outdoor dog park and indoor dog wash and spa.
Continuum Club & Residences is not just a residence; it’s a lifestyle. It’s an opportunity to be part of a community that redefines luxury and convenience.
Construction Continues on 7918 West Drive In Miami’s North Bay Village
Construction is underway at 7918 West Drive, a 21-story, 54-residence waterfront condominium development in Miami’s North Bay Village.
The foundation through the third level is now complete, and significant progress has been made on the parking garage. The columns and shear walls as well as the sixth level have also had concrete poured. The parking garage’s south section’s foundation is also finished.
Where east and west converge at 7918 West Drive, there are a number of striking units with Aerial views that display the unique architectural and natural features that characterize each floor plan. The idea stands out from the competition because of its unique fusion of a contemporary, high-tech lifestyle with Japanese culture. The development will provide a Zen Garden, a yoga room, and water features to create an indoor-outdoor atmosphere.
Modern SieMatic cabinetry, Cosentino worktops and surfaces, and high-end Miele equipment can be found in the kitchens. Additionally, Hansgrohe and Kohler plumbing fittings will be included in the homes. Additionally, the cutting-edge technology at 7918 West Drive will incorporate automated software customization for the utmost convenience, security, and privacy.
Priced from $2 million to over $17 million, homes range in size from 1,677 to 7,086 total square feet, including a minimum of two bedrooms, and have at least two views of Biscayne Bay. There are only four units per floor, all of the houses are corner units, and each balcony has an irregularly shaped ceiling that offers places that are both partially sheltered and partially sunny.
7918 West Drive will have 16,224 square feet of common areas, 148 parking spaces, and a 33,600 square foot property on the Intracoastal Waterway.
The project architect is Juan Azulay, founder, and director of MTTR mgmt, and the general contractor is listed as Thornton Residential. A multidisciplinary architectural design business with its headquarters in Tokyo, ONE DESIGNS Co. Ltd., created the lobby of the skyscraper. The company includes architectural designers and top-tier certified architects that provide knowledge of Japanese construction and interior design for people looking for a home that simply redefines attention to detail.
7918 West Drive is distinctively designed and equipped with cutting-edge technology throughout. Due to its outstanding design and painstaking attention to detail, the development has made significant progress since its groundbreaking ceremony in February 2023, confirming its place as a benchmark of architectural excellence in South Florida.
North Bay Village Approves 7.3 Million Square Foot Development Project Featuring 1,936 Residential Units
Sunbeam Properties, the proprietor of WSVN Channel 7, has a 7.3 million square foot redevelopment plan that has officially been approved by the North Bay Village Council. The special area plan for a 12.9-acre site covering 1400, 1401, 1415, 1600, and 1601 79th Street Causeway, as well as 155 and 1624 North Bay Causeway, was approved by the Village Council on a 3-2 vote early on Wednesday.
A 300-room hotel, 1,936 residential units, 200,000 square feet of office space, 670,000 square feet of retail space, 117 units of workforce housing, and around 5,000 parking spots are all included in the development plan. Additionally, there would be 84,366 square feet of public space, including a half-mile pedestrian walkway known as the “island walk” that would be surrounded by restaurants and stores. A marina would also be a part of the project.
The project’s highest structure would be 650 feet tall. To lessen the number of shadows cast upon the smaller dwellings, the structures closer to single-family homes would be smaller. Buildings north of the project would be taller and would rise 240 feet in height south of the causeway.
The offices and studios of WSVN will eventually be relocated as part of the construction. WSVN and Sunbeam Properties are owned by the multibillionaire Ansin family.
The project’s first phase, according to Ansin, would be built south of the causeway and will have 500 to 600 apartments spread across two buildings, along with a restaurant, grocery store, and other retail space that may house an urgent care facility or a daycare. Sunbeam Properties must apply for building permits for the first phase within two years in accordance with its development agreement with the village. The first renters, according to Ansin, should move in within five years.
As the Ansin family celebrates the 60th anniversary of running WSVN in North Bay Village, CEO Andy Ansin admitted that this was an emotionally charged decision for him. He has visited that studio ever since he was a youngster.
Although Ansin said the initial concept wasn’t for redevelopment, Sunbeam Properties over time purchased surrounding lands. According to Ansin, the first purchase was made to stop a strip club from being built next door. It bought a nearby office complex so the TV station would have more parking.
Ansin discovered North Bay Village had potential after having experts from the University of Miami School of Architecture do research on future renovation. However, it necessitated moving the TV studio.
Ansin stated that he is still looking for a new studio for WSVN. He emphasized that it would require plenty of parking, hurricane-resistant construction, and backup power generation.
PlusUrbana, a firm based in Miami, is the project’s architect. Attorney Ian DeMello, who is headquartered in Miami, is the developer’s representative.
Sales Officially Launch for 21-Story Tower Shoma Bay Condos in North Bay Village
At a North Bay Village property it purchased earlier this year, Shoma Group is changing its plans from apartments to residential condos.
Shoma Group, led by Chairman Masoud Shojaee and President Stephanie Shojaee, is beginning sales of the Shoma Bay condos, with prices beginning in the $400,000s. ISG World, led by Craig Studnicky, was chosen by the Coral Gables-based developer to handle the units’ sales and marketing.
Shoma Bay will be a mixed-use development with 21 stories and 327 residences on a 2.8-acre plot of land.
In May, Shoma paid nearly $16 million for the property at 1850 79th Street Causeway with plans for a Publix-anchored residential and retail complex. The project, which includes a 36,000-square-foot Publix and around 6,300 square feet of retail space, including a rooftop lounge and a food hall called Shoma Bazaar, was approved by North Bay Village in March.
Condos are replacing rentals as South Florida’s rent growth finally starts to slow down. Similar adjustments have been made by other developers. A new rental skyscraper in downtown Miami was converted to a condo tower in July by Property Markets Group and Greybrook, and is currently known as The Elser Hotel & Residences.
The Shoma Bay will have apartments ranging in size from 360 square foot studios to roughly 1,500 square foot three bedroom condos. According to a spokeswoman, the average cost per square foot for all units is around $900.
Building completion could happen in the latter half of 2024, with construction set to start early next year. The interiors are being designed by Adriana Hoyos, with MSA Architects serving as the project architect.
There will include a lounge, bar, spa, gym, pool deck, library, and kids’ club among the amenities. A 2,600-square-foot co-working area and electric vehicle charging stations will also be included in the structure.
If you or someone you know have an interest in purchasing at Shoma Bay Condos, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
