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Palm Beach County Real Estate Sees Stagnation in Transactions Amidst Developer Setbacks

June 10, 2026

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  • Florida Real Estate Market

    Palm Beach County Real Estate Sees Stagnation in Transactions Amidst Developer Setbacks

    June 10, 2026

    Florida SBA Targets $2 Billion in Real Estate Investments for 2026 Fiscal Year

    June 10, 2026

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  • Real Estate

    Palm Beach County Real Estate Sees Stagnation in Transactions Amidst Developer Setbacks

    June 10, 2026

    Florida SBA Targets $2 Billion in Real Estate Investments for 2026 Fiscal Year

    June 10, 2026

    Broward Homeowners Brace for Property Tax Overhaul Amidst Legal Battles and State Reforms

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Cipriani Residences Miami Soars to New Heights, Crowned Tallest Residential Tower South of NYC

April 25, 2026
Tallest residential tower south of NYC
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Cipriani Residences Miami has officially claimed the title of the tallest residential tower south of New York City, reaching an impressive 872 feet. This milestone marks a significant achievement for the Arquitectonica-designed building, which is set to be completed in 2027 in Miami’s vibrant Brickell neighborhood.

Key Takeaways

  • Cipriani Residences Miami has reached 872 feet, surpassing the Panorama Tower.
  • The tower is slated for completion in 2027 and will eventually be surpassed by the Waldorf-Astoria Residences Miami in 2028.
  • The development emphasizes luxury, craftsmanship, and evolving expectations in Miami’s real estate market.

A New Skyline Icon

The supertall luxury tower’s construction has progressed at a remarkable pace, with developers adding a story every few days. Upon its full completion, Cipriani Residences Miami will stand at 950 feet, becoming a prominent fixture in the Miami skyline. While it currently holds the record, it is projected to be surpassed by the 1,049-foot Waldorf-Astoria Residences Miami, scheduled for completion in 2028.

Luxury Redefined

The building’s final levels, including the exclusive Canaletto Collection, are now being finalized. This ultra-luxury collection occupies the top floors, with some penthouses already fetching prices of at least $30 million. Camilo Miguel Jr., founder and CEO of Mast Capital, the developer, highlighted the project’s commitment to craftsmanship and the evolving standards of luxury in Miami.

"What we are seeing is not only the physical rise of Cipriani Residences Miami, but the continued ascent of Miami itself," Miguel stated. "As global wealth, leading financial institutions and major companies establish a permanent presence here, expectations around design, service and overall quality have fundamentally evolved."

Exclusive Offerings

This marks Cipriani’s first ground-up residential development in the United States. The tower will feature 397 homes, ranging from one to four bedrooms, with interiors designed by 1508 London. Sales have reportedly been robust, attracting buyers from across the globe. Prices for residences start at $1.8 million, with The Canaletto Collection Residences beginning at $4.1 million.

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