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Inside Brickell's newest, $32 million triplex penthouse listing part of limited residential collection

Written by:
Ellie Howell
1508 London

Cipriani Residences Miami, the brand’s first-ever ground-up residences in the United States, proudly unveils Penthouse 3, a $32 million residence masterfully crafted by internationally renowned design firm 1508 London, representing the highest level of luxury in the Brickell neighborhood.

The Penthouse is part of the tower’s prestigious Canaletto Collection, an assemblage of 74 homes on the top 18 floors offering exclusive privileges such as priority access to the private Cipriani speakeasy and dining spaces, a private elevator lobby with two elevators, global concierge services and custom finish and furniture packages available for purchase also designed and curated by 1508 London. It is one of just six penthouses crowning the 80-story building.

Offering impressive vistas of Biscayne Bay, the Atlantic Ocean and Key Biscayne from both the interiors and sprawling outdoor terrace, the five-bedroom, six-and-a-half- bathroom triplex penthouse was designed to provide the experience of a private social club. Expansive lounging and living spaces span the over 6,000-square-foot home, including an impressive double-height great room, family room and dedicated game room with a wet bar and table tennis. The gaming area opens onto a private open-air rooftop terrace which features an infinity-edge swimming pool as well as a summer kitchen for entertaining guests and al fresco dining.

The interiors of Penthouse 3 reflect the timeless aesthetic and Italian flair of the Cipriani brand. The 1508 London designed two interior packages seamlessly complement the finishes and grandeur of the residence no matter which style resonates. They include the ‘Tradizionale’ package, conceived in the signature Cipriani style, and the ‘Contemporaneo,’ a more contemporary assemblage while still incorporating elements of the brand.

Penthouse 3 touts over 3,000 square feet of private outdoor space and curving floor-to- ceiling windows that epitomize the building’s modern architecture which was a signature design by Bernardo Fort-Brescia of Arquitectonica. The residence embodies the utmost sense of privacy with direct elevator entry access and designated service quarters.

Cipriani Residences Miami is slated for completion in 2028.

Cipriani Residences Miami’s 397 one- to four-bedroom private residences start at $1.7M. Sales and marketing efforts are handled exclusively by Fortune Development Sales.

About Mast Capital

Established in 2006, Mast Capital is a value-oriented real estate investment company with integrated development and asset management teams. Mast Capital has made successful acquisitions in the residential, hospitality, office, retail and land sectors, and targets opportunistic and value-add investments in existing property, ground-up development, distressed real estate, and note purchases. The firm employs a sophisticated approach to structuring its acquisitions, maximizing value to its investors while providing creativity and flexibility to sellers and other third parties to execute highly complex transactions. Mast Capital is led by a senior management team with over 75 years of combined real estate experience and transactions totaling more than $3.5 billion.

About Cipriani

On May 13, 1931, Giuseppe Cipriani opened Harry’s Bar on the first floor of an abandoned rope warehouse off a dead end in Piazza San Marco, Venice. At 50 square meters, it appeared to be a typical “cozy” Venetian restaurant, but with the careful attention to detail and perfectly proportioned furniture, glasses and cutlery Harry’s Bar was anything but typical. Unchanged since 1931 and now a National Landmark, its famously relaxed atmosphere, great food and warm service have catered to a very eclectic clientele that has included through the years Hollywood legends, royalty, artists and people from all over the world. It has been constantly imitated but never reproduced.

In the 90 years since and with three generations of Cipriani family members leading the growth, Arrigo, Giuseppe and his sons Ignazio and Maggio, Cipriani has developed into an international hospitality brand, with restaurants, landmarked event spaces, luxury residential, hotels and private membership clubs around the world including Venice, New York, Miami, Los Angeles, Abu Dhabi, Hong Kong, Monte Carlo, Ibiza, Mexico City, Dubai, Riyadh, Las Vegas and the upcoming Punta del Este, Milan, Jeddah, Istanbul, and Doha.

The timeless values of love for service, lack of imposition, quality of products and luxury in simplicity are still valid today as they were in 1931.

About 1508 London

1508 London is a design studio specializing in private residential, hospitality and multi-unit developments as well as yachts and product design. Born out of the idea of perfection in design, our name is derived from the year in which a then unknown artist named Michelangelo, armed with a pencil, pitched to, and got commissioned by Pope Julius II to paint the frescoes at the Sistine Chapel after drawing a perfect circle freehand. Deeply rooted on a collaborative approach, our designs are derived from measured principles, inspired by history, geography, and the local architectural vernacular. Our expertise extends across all stages of design and construction; from feasibility studies, planning applications, conceptual and detailed design through to monitoring construction on-site, procurement, dressing and hand-over, ensuring each project is finished to the highest level of quality. With offices spreading across four continents 1508 London offers a world leading design service with a global reach.

By Liliana Alvarez

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