Cipriani Residences Miami has introduced The 1931 Collection, a pair of top-floor penthouses priced at $33 million and $19.8 million inside the nearly 950-foot Brickell tower. The residences, named The San Marco and The Torcello, are the highest homes in the building and are being positioned as the most exclusive offerings in the Cipriani-branded project.
The announcement adds another high-profile layer to one of Brickell’s most closely watched luxury developments. Cipriani Residences Miami is the first ground-up Cipriani residential tower in North America and, at full height, is marketed as the tallest residential building south of Manhattan. The penthouse collection is also a signal that the project is moving deeper into its sales cycle ahead of its expected Summer 2027 delivery.
Developer Mast Capital says the new homes were shaped around the Cipriani family’s hospitality legacy, with design references tied to Venice and the brand’s history dating back to 1931, when Giuseppe Cipriani opened Harry’s Bar. The tower is already 85 percent sold to buyers from more than 30 countries, according to the developer, underscoring continued demand for branded luxury inventory in Miami’s upper tier.
| Project Detail | Information |
|---|---|
| Project | Cipriani Residences Miami |
| Developer | Mast Capital |
| Location | Brickell, Miami |
| Building height | Approximately 950 feet |
| Architect | Bernardo Fort-Brescia of Arquitectonica |
| Interior design | 1508 London |
| Penthouse collection | The 1931 Collection |
| Top residences | The San Marco and The Torcello |
| Expected delivery | Summer 2027 |
| Sales status | 85 percent sold, per the developer |
The 1931 Collection adds a new top-end tier to the Brickell tower
The newly unveiled penthouses are intended to function less like conventional condominiums and more like private estates in the sky. Each home occupies the building’s top levels and draws on Cipriani’s brand identity, which blends Italian hospitality, formal entertaining and a restaurant-driven approach to service.
That concept is especially visible in the naming and programming of the two residences. The San Marco references the Venetian district tied to the Cipriani family’s hospitality history, while The Torcello takes its name from the island in the Venetian lagoon associated with Locanda Cipriani. Both are framed as homes designed around gathering, dining and long-term use, rather than purely as statement properties.
Mast Capital founder and CEO Camilo Miguel Jr. said in the PROFILEmiami report that the project was built around authenticity, emphasizing that the branded residence is not simply a matter of applying a label to a tower. The developer’s pitch focuses on translating the Cipriani family’s nearly century-old service ethos into the daily experience of ownership.
Inside The San Marco and The Torcello
The larger of the two penthouses, The San Marco, spans three levels and offers 9,677 square feet of interior and outdoor living space. The residence centers on a 24-foot great room with direct views of Biscayne Bay, along with generous living and dining areas, a wet bar, a wine display, a kitchen island finished in lacquered wood and Calacatta marble, and a separate chef’s kitchen.
Its outdoor program is unusually extensive for a condominium residence. The rooftop includes an infinity-edge pool, summer kitchen, wraparound entertaining terrace, private wellness room, in-residence gym, cold plunge, hot tub, massage pavilion and putting green. The layout suggests the project is aiming to compete with the kind of private-compound amenities more often associated with single-family homes in nearby enclaves.
The Torcello is somewhat smaller at 6,703 square feet, but it follows a similarly detailed design brief. The residence includes a statement kitchen island finished in lacquered wood and Calacatta marble, a chef’s kitchen, dedicated wine storage, a private screening room and a Midnight Bar intended for evening entertaining. Its terraces also feature an infinity-edge pool, outdoor shower, summer kitchen, cold plunge and hot tub.
Both homes feature a materials palette built around oak herringbone flooring, Calacatta marble, lacquered wood cabinetry and polished chrome detailing. According to the project description, the intent is to create continuity between the architecture, interiors and hospitality experience rather than relying on ornamental excess.
Architecture, design and the branded-residence model
Cipriani Residences Miami was conceived by Bernardo Fort-Brescia of Arquitectonica, with interiors by 1508 London. The development continues the recent Miami trend of high-end branded residences, but it is notable for being the first ground-up Cipriani residential tower in North America.
Branded residential projects have become a defining feature of Miami’s luxury market, especially in Brickell and along the waterfront, where developers have leaned on hospitality names to create a more differentiated product. In practice, that often means stronger amenity packages, restaurant connections, and service programs designed to appeal to buyers who expect hotel-style convenience in a primary or secondary home.
In Cipriani’s case, the brand connection is central to the marketing message. The developer says residents will have access to in-residence dining prepared by the Cipriani culinary team, along with the broader benefits of the family’s international hospitality network, including reservations access at Cipriani venues in cities such as Venice, New York, Monte Carlo, Dubai, Hong Kong and Punta del Este.
That global positioning matters in Miami, where a significant share of luxury buyers are international or buy across multiple markets. The building’s reported sales mix, with purchasers from more than 30 countries, reflects that cross-border demand and helps explain why branded towers continue to hold a strong place in the city’s preconstruction pipeline.
Brickell context and the tower’s place in the market
Cipriani Residences Miami is rising in Brickell, the high-density financial district that has become one of the most active luxury residential markets in the country. The area has seen a concentration of ultra-luxury towers, many of which are marketed to global buyers and designed with extensive hospitality offerings.
At roughly 950 feet, the tower has already joined the upper tier of Miami’s skyline. PROFILEmiami previously reported that the building reached full height in July 2026 and had surpassed the 872-foot mark earlier in the year, moving it into the conversation as one of the tallest residential buildings in the region. The current penthouse unveiling shows the project is well past the early construction stage and now focused on completing sales and final delivery.
The prices attached to The 1931 Collection also place the penthouses in the uppermost band of Miami condominium pricing, even within Brickell’s luxury segment. While the market has seen multiple trophy launches and record-setting listings in recent years, a two-residence collection with a top asking price of $33 million remains a niche product aimed at a very limited buyer pool.
That said, the broader significance of the launch is not just the asking prices. It demonstrates that developers continue to reserve ultra-premium inventory for branded projects, using penthouses as the most visible expression of a tower’s identity and the clearest test of market appetite at the top end.
Status of the project and what comes next
Mast Capital says Cipriani Residences Miami is now 85 percent sold and remains on track for Summer 2027 occupancy. The project’s progress has been closely tracked through major construction milestones, including topping off and the building’s ascent to full height.
For buyers and brokers following Miami’s preconstruction market, the penthouse reveal offers a more precise look at the project’s highest-value inventory. The residences are positioned to serve not only as trophy homes, but also as a branding device for the rest of the tower, reinforcing the project’s luxury positioning as it moves toward delivery.
Because the development is still under construction, final completion timing and delivery conditions can shift. For now, however, the project appears to be advancing on schedule, with the tower’s uppermost residences now formally introduced to the market.
Frequently asked questions
Where is Cipriani Residences Miami located?
The tower is located in Brickell, Miami’s financial district and one of the city’s most active luxury condominium submarkets.
Who is developing the project?
Mast Capital is the developer behind Cipriani Residences Miami.
Who designed the tower?
The building was designed by Bernardo Fort-Brescia of Arquitectonica, with interiors by 1508 London.
How many penthouses are in The 1931 Collection?
The collection includes two crown-jewel penthouses: The San Marco and The Torcello.
When is Cipriani Residences Miami expected to be completed?
The developer says the project is expected to deliver in Summer 2027.
