Cipriani Residences Miami

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✓Verified 24 September 2026PROFILEmiami, Florida YIMBY, The Real Deal +15 more18 sources

Sources

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The curved facade of Cipriani Residences Miami above Brickell — developer rendering

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Cipriani Residences Miami in the Brickell skyline — developer rendering

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The podium and arrival at Cipriani Residences Miami — developer rendering

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The lobby at Cipriani Residences Miami — developer rendering

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A residence living room and terrace at Cipriani Residences Miami — developer rendering

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A primary bedroom at Cipriani Residences Miami — developer rendering

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A residence kitchen at Cipriani Residences Miami — developer rendering

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A residence living room over Biscayne Bay at Cipriani Residences Miami — developer rendering

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The residents' dining room at Cipriani Residences Miami — developer rendering

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The residents' bar at Cipriani Residences Miami — developer rendering

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The restaurant terrace at Cipriani Residences Miami — developer rendering

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A terrace lounge at Cipriani Residences Miami — developer rendering

By Josh Stein — Miami real estate sales associate, Florida license SL3057661. Selling Miami luxury property since 2002, with more than $1 billion closed.

Cipriani Residences Miami topped off in July 2026 at roughly 950 feet — the tallest residential tower in Miami for now, with the 1,049-foot Waldorf Astoria still rising — and it is the first ground-up Cipriani residential development in North America. 397 residences at 1420 South Miami Avenue in Brickell, developed by Mast Capital, designed by Arquitectonica, with interiors by 1508 London.

The developer says it is 85% sold (release of 8 September 2026; more than 80% at topping off) and that occupancy is anticipated in summer 2027 — pulled forward from 2028, which is the opposite of what usually happens in this market. Below is what is verified, what is contested, and what I could not find published.

What Has Actually Been Built

A tower of approximately 950 feet containing 397 residences from 1,123 to 3,495 square feet (Bisnow, 6 February 2024), one to four bedrooms, on a 2.8-acre site at 1420 South Miami Avenue. Mast Capital (Camilo Miguel Jr.) is the developer, Arquitectonica the architect with Bernardo Fort-Brescia as founding principal, 1508 London on interiors, and Moss Construction the general contractor. Fortune Development Sales handles sales.

The construction record is genuinely impressive. Ground broke February 2024. October 2024 brought the largest foundation pour in Brickell that year. By October 2025 the tower was at the 44th floor — halfway — climbing one level every three working days. It passed 872 feet in April 2026 and topped off in July 2026, reaching full height on 15 July according to a project spokesperson (Newsweek, 17 July 2026; Markets of Tomorrow, 22 July 2026).

“Constructing one of the tallest residential towers in the country requires extraordinary coordination, engineering expertise and craftsmanship. Every milestone reflects the commitment of hundreds of professionals working together to deliver a building that will define Miami’s skyline.”

Scott Moss, CEO, Moss Construction — July 2026

The top 18 floors are the Canaletto Collection — six penthouses plus 68 ultra-luxury homes, 74 branded units in total. Amenities run past 50,000 square feet: a residents’ restaurant, private dining, a 37th-floor speakeasy, two pools, fitness centre, screening room, spa, salon, dog park and a pickleball court.

The “Tallest in Miami” Claim, Honestly

Cipriani surpassed Panorama Tower’s 868-foot roof height in April 2026 and topped off at about 950 feet in July. Florida YIMBY (21 April 2026) reported it as the tallest residential tower in the city and a new benchmark for residential height in Miami and Florida; Fox Business (29 July 2026) called it the tallest residential tower in the city, and the developer and Newsweek (17 July 2026) call it the tallest residential building south of New York City. That is real.

But the outlet that reported it used the word “temporarily,” and that word matters. The Waldorf Astoria Hotel & Residences at 300 Biscayne Boulevard is 1,049 feet and 100 storeys — roughly 100 feet taller — with 387 condominium residences plus 205 hotel rooms. Florida YIMBY reported on 27 August 2026 that its superstructure had reached structural level 85 (the tower is described as 100 stories) and that work had begun on the ninth and final cube, that site signage advertises topping out this winter, and that completion is anticipated in the second quarter of 2028. I have found no report that it has topped out.

So the precise, defensible statement is this: Cipriani is the tallest residential tower in Miami that has reached full height, on the reports I could find as of 24 September 2026. The Waldorf Astoria, a mixed hotel-and-condominium building, will exceed it in overall height once it tops out. If “tallest” is part of why you are buying, understand exactly which version of the claim survives.

“In conceiving Cipriani Residences Miami, we were inspired by the timeless connection between Venice and the water.”

Bernardo Fort-Brescia, Founding Principal, Arquitectonica — April 2026

What are the residences like at Cipriani Residences Miami?

Interiors as Mast Capital presents them — renderings, not photographs of finished homes.

What Cipriani Actually Does Here

Branding and food-and-beverage operations. Cipriani is not the developer and did not design the interiors — that is 1508 London. What the family operates is the residents’ restaurant, the 37th-floor speakeasy and the hospitality services.

“For nearly a century, our family, inspired by our Italian heritage and traditions, has welcomed people from around the world with the same philosophy: to create places where elegance, service and hospitality come naturally.”

Giuseppe Cipriani — July 2026

One point worth being clear about: Florida YIMBY (21 April 2026) describes the restaurant as resident-only, and the developer’s website describes exclusive resident access to Cipriani dining — not a public Harry’s Bar-style venue open to the street. If you are picturing walking downstairs into a public Cipriani, check the offering documents rather than the marketing.

Pricing and Absorption

Residences from $1.8 million; the Canaletto Collection from $4.1 million, as of July 2026 (developer release, 23 July 2026); I have not found a newer published entry price. The entry price has risen roughly 64% since launch:

Date	Entry price	Canaletto / penthouse
March 2022 — launch	$1.1M	—
July 2023	—	Canaletto from $3.65M; penthouses from $9.5M
February 2024	$1.7M	Six penthouses from $17M
October 2025	$1.7M	Canaletto from $4.1M
April 2026 – July 2026	$1.8M	Canaletto from $4.1M
8 September 2026	—	The 1931 Collection: two penthouses at $33M and $19.8M

The 1931 Collection: on 8 September 2026 the developer unveiled two crown penthouses at the top of the tower — The San Marco at $33 million (three levels, 9,677 square feet of indoor and outdoor living) and The Torcello at $19.8 million (6,703 square feet of indoor and outdoor living). These are asking prices from the developer’s release, repeated by Haute Living on 15 September 2026; I have not found a report that either has sold, or a source that says whether they are two of the six Canaletto penthouses first offered in 2023 or a separate release.

⚠️ Penthouse pricing is genuinely unreliable across sources — $9.5M (July 2023), $17M (February 2024) and now $33M and $19.8M (September 2026) all appear for penthouses, and I have not found a source that reconciles them. Do not rely on a penthouse number you did not get from the offering documents.

The record sale: Penthouse 1 sold for $16.2 million — $3,333 per square foot — weeks after hitting the market in July 2023. 9,221 square feet total (4,888 interior plus 4,333 of terrace), four bedrooms. That was a record price per foot for the property type. It is now three years old and should not be used as a current valuation benchmark.

Absorption: over 50% presold by February 2024, over 80% by July 2026 and 85% by 8 September 2026, with buyers from more than 30 countries. All three figures are developer-supplied and unaudited, but the trajectory is consistent. I have not found a source that gives the number of residences still unsold.

Lionel Messi reportedly went under contract on multiple residences in April 2025. That was attributed to unnamed sources, and I have not found the developer or Messi confirming it. Fox Business (29 July 2026) and the New York Post (7 September 2026) have since repeated it, the Post without naming a source, so it should not be treated as fact.

I have not found a published average price per square foot for this building, a total sellout figure or a dollar contract volume.

The amenity levels

The lobby, the residents’ dining room, the bar and the terraces.

The Delivery Date Has Moved Three Times

This is the thing early buyers should look at closely.

Published	Delivery stated
March 2022	“could be completed in 2025”
July 2023	2026
February 2024 – October 2025	2028
April 2026	2027
July – September 2026	Summer 2027 (the developer’s website also reads Q3 2027)

A 2025 date in March 2022 had become 2028 by the February 2024 loan and groundbreaking coverage. The pull-forward is what is unusual. Between October 2025 and April 2026 the date moved from 2028 to 2027, and I have not found a source that says why. The developer’s 23 July and 8 September 2026 releases and its website all keep the date at summer 2027, and the structural engineer’s project page lists 2027; every one of those is a project-team statement, and it is still later than the 2026 date some 2023-era buyers were given.

What to Verify Before You Sign

This tower has topped off, the developer says it is 85% sold, and its $600 million construction loan closed in February 2024. These are still the questions worth asking.

1. Which floor is your unit actually on? The storey count is published as 85 (the developer’s website and July 2026 release, and the structural engineer’s project page), 80 (Florida YIMBY, The Real Deal, Bisnow, and Haute Living on 15 September 2026) and 84 (Florida YIMBY, February 2024). I have not found a source that explains the difference. Confirm the floor against the recorded condominium declaration, not the marketing.

2. What does the Cipriani licence actually guarantee? Duration, fees, termination triggers, and what happens to the name and the restaurant if it lapses. I have not found any of it published.

3. Two more towers are planned on the same site. Mast Capital’s own portfolio page (read 24 September 2026) describes the 2.76-acre parcel as supporting 1,250 units across three towers — two multifamily rental buildings plus this condominium — and The Real Deal (6 February 2024) reports Rockpoint Group as equity partner on the rental component. I have not found a report of construction starting on the two rental towers. That may mean construction noise, changed views and shared site conditions after you move in. Ask for the master plan.

4. Deposit escrow and the §718.503 documents. I have not found anything published about the escrow arrangement here.

5. Run the title and lien search. I have found no reporting of litigation or liens against this project as of 24 September 2026, but I have not searched the Miami-Dade Clerk’s records. Absence of reporting is not a clean bill of health.

6. Note the independent-verification gap on the topping-off. Every account I found (PROFILEmiami, Newsweek, Fox Business, the structural engineer’s news post) traces to the project’s own announcement. Florida YIMBY, normally the most granular construction tracker on this building, has no Cipriani article newer than 21 April 2026, and the county still carries the site as vacant land.

The tower on South Miami Avenue

Cipriani Residences shown from the bay, the street and the Brickell skyline.

Brickell Around It

Brickell has several luxury towers in the pipeline, and the developer says Cipriani is one of the only ultra-luxury residential towers in Brickell expected to deliver in 2027 (release of 23 July 2026). For contrast: 888 Brickell by Dolce&Gabbana has never gone vertical, and 619 Brickell by Nobu has design approval but no construction and no closed land purchase. Ora by Casa Tua and The Residences at 1428 Brickell are the other active comparables.

That contrast is the argument for this building. A topped-out tower that the developer says is 85% sold (8 September 2026), with a closed $600 million loan, is a materially different proposition from a rendering with a delivery date. The full pipeline is on the new construction page and the market picture in Miami luxury condos.

If you want the current availability and the floor-count question settled against the actual documents, start a conversation.

Cipriani Residences Miami: frequently asked questions

Is Cipriani Residences Miami the tallest building in Miami?

It is reported as the tallest residential tower in Miami and in Florida, having topped off at approximately 950 feet in July 2026 and surpassed Panorama Tower’s 868-foot roof. Florida YIMBY called that status temporary because the Waldorf Astoria downtown, a hotel-and-condominium tower, will reach 1,049 feet; on 27 August 2026 its superstructure was at structural level 85, with site signage advertising topping out this winter. The precise claim is that Cipriani is the tallest residential tower in Miami that has reached full height, for now.

When will Cipriani Residences Miami be completed?

Occupancy is anticipated in summer 2027 per the developer (its 8 September 2026 release and its website, which also reads Q3 2027). The date has moved three times — from a 2025 aspiration in 2022, to 2026, to 2028 by the February 2024 loan and groundbreaking coverage, and then forward to 2027 in April 2026 and summer 2027 from July 2026. I have not found a source that explains the pull-forward from 2028.

How many floors does Cipriani Residences Miami have?

Sources disagree. The developer’s website, its 23 July 2026 release and the structural engineer’s project page say 85 storeys. Florida YIMBY (April 2026), The Real Deal, Bisnow and Haute Living (15 September 2026) say 80, and Florida YIMBY said 84 at the February 2024 groundbreaking. I have not found a source that explains the difference. Confirm the floor of any specific unit against the recorded condominium declaration.

How much do residences at Cipriani cost?

From $1.8 million as of July 2026, with the Canaletto Collection from $4.1 million — up from $1.1 million at the March 2022 launch, roughly a 64% rise. On 8 September 2026 the developer listed two crown penthouses, The 1931 Collection, at $33 million (The San Marco) and $19.8 million (The Torcello). Penthouse pricing is inconsistently reported across sources and should be taken from the offering documents only. I have not found a published average price per square foot.

How much of Cipriani Residences has sold?

85% of the project per the developer’s release of 8 September 2026 (over 80% as of July 2026), with buyers from more than 30 countries. It was over 50% presold in February 2024. All of these figures are developer-supplied and have not been independently audited.

Is there a Cipriani restaurant in the building?

Yes, but Florida YIMBY (21 April 2026) describes it as a resident-only restaurant, along with a 37th-floor speakeasy — not a public Cipriani venue open to the street. Cipriani’s role in the project is branding and food-and-beverage operations; the interiors are by 1508 London and the developer is Mast Capital.

How was Cipriani Residences financed?

A $600 million construction loan closed in February 2024 — $350 million from Banco Inbursa and $250 million from Ascendant Capital Partners, including mezzanine financing, arranged by Newmark. It was reported as the largest condominium construction loan in South Florida history, surpassing the $558 million Estates at Acqualina loan of 2018. The land was bought for $103 million in December 2021.

Sources and further reading

• PROFILEmiami — Cipriani Residences Miami Tops Off Construction, Surpasses 80% SoldThe topping-off at ~950 feet, the 80%-sold figure, the 85-story wording, summer 2027 delivery and current pricing. Published 23 July 2026.
• Florida YIMBY — Cipriani Residences Miami Reaches 872 Feet, Becomes Miami’s Tallest Residential TowerThe height milestone, the comparison to Panorama Tower, the explicit “temporarily” qualifier, the 80-story wording, $1.8M and $4.1M pricing and 2027 completion. Published 21 April 2026.
• Florida YIMBY — Cipriani Residences Miami Reaches Halfway MarkThe 44th-floor milestone, build pace, the $1.7M entry price and the 2028 delivery date then in force. Published 24 October 2025.
• The Real Deal — Mast Capital Scores $600M Loan for Cipriani Residences MiamiThe record construction loan, lenders, the >50% presold figure and the Canaletto Collection. Published 6 February 2024.
• The Real Deal — Cipriani Residences Miami 80-Story Condo Tower Planned for BrickellThe original launch, $1.1M entry pricing, project team and the three-tower master plan. Published 9 March 2022.
• PROFILEmiami — First Penthouse at Cipriani Residences Sells for $16.2 MillionThe record $3,333 per square foot sale and the penthouse dimensions. Published 27 July 2023.
• Florida YIMBY — Brickell’s Tallest Tower Cipriani Residences Miami Breaks GroundGroundbreaking, the ~950-foot height, the 84-story wording, Cipriani’s F&B role and the Panorama comparison. Published 26 February 2024.
• Florida YIMBY — Waldorf Astoria Hotel & Residences Miami Begins Ninth and Final CubeThe 1,049-foot, 100-story tower that will surpass Cipriani in overall height: superstructure at structural level 85 in late August 2026, topping out advertised for this winter, completion anticipated in the second quarter of 2028. Published 27 August 2026.
• Bisnow — Mast Capital Secures $600M for Brickell Condo TowerUnit sizes, the $103M land basis and the note that the developer declined to specify the percentage sold. Published 6 February 2024.
• Cipriani Residences Miami Unveils The 1931 Collection — developer release of 8 September 2026 as published by It’s Just Business MagazineThe San Marco at $33 million and The Torcello at $19.8 million, the project 85 percent sold and summer 2027 occupancy. Published 8 September 2026.
• Cipriani Residences Miami Unveils The 1931 Collection — Haute LivingThe same two penthouse prices; describes the tower as 80 stories. Published 15 September 2026.
• Cipriani Residences Miami — official website, read 24 September 2026950 feet, 85 stories, 397 residences and Q3 2027 occupancy on the home page; occupancy beginning summer 2027; the banner reads vertical construction complete.
• The Tallest Residential Tower South of NYC Reaches Milestone Full Height — NewsweekA project spokesperson said the tower reached its full height of 950 feet on the Wednesday before publication (15 July 2026), with more than 80 percent sold and completion by summer 2027. Published 17 July 2026.
• Cipriani Residences tops out at 950 feet, now the tallest residential tower south of New York — Markets of TomorrowSays the tower reached 950 feet on July 15, with more than 80% sold ahead of a summer 2027 opening; describes it as an 80-story structure. Published 22 July 2026.
• Miami’s tallest new tower nears sellout as project sparks massive wealth migration for top executives — Fox BusinessThe 85-story, approximately 950-foot tower described as the tallest residential tower in the city, more than 80% sold, and the report of Messi buying four units that it attributes to the New York Post. Published 29 July 2026.
• Cipriani Residences Miami — Thornton Tomasetti project page, read 24 September 2026The structural engineer lists 85 stories for the condominium tower and a 2027 completion date; its 29 July 2026 news post says the tower has topped out at 950 feet.
• Cipriani Residences Miami — Mast Capital portfolio page, read 24 September 2026A 2.76-acre site; two multifamily towers and one condominium tower with 1,250 residential units in total.
• Property Search — Miami-Dade County Property Appraiser, folio 01-0209-060-1040 (1420 South Miami Avenue)Vacant land, 59,018 sq ft, zone rapid transit high density; sold 22 December 2021 for $55,000,000 (multi-parcel); assessed $38,304,332 in 2024, $42,133,426 in 2025 and $46,346,768 in 2026. Retrieved 24 September 2026.

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