A two-level penthouse planned for the St. Regis Bahia Mar resort in Fort Lauderdale is listed for $22 million. The residence combines more than 5,500 square feet indoors with extensive private terraces and a rooftop pool. Its asking price has prompted comparisons with Miami’s pricier branded waterfront homes, although the projects and price figures are not directly equivalent.
Key takeaways
- Penthouse 02 is listed at $22 million, or about $3,962 per interior square foot.
- Its 5,228 square feet of outdoor space includes a rooftop pool and summer kitchen.
- The development is under construction, with completion expected in 2030.
- The project’s marketing highlights a marina, beach club, hotel services and a private owners’ club.
A two-level home above the resort
Penthouse 02 occupies part of the 24th floor and the private level above it in the planned Resort Tower. The four-bedroom residence includes four full bathrooms, a powder room and a den. Its upper level is designed for outdoor living, with a pool, another den and a summer kitchen. The listed total of 10,780 square feet combines interior and outdoor areas; the listing’s effective price across that combined space is approximately $2,041 per square foot.
The home is designed with private access, including an elevator serving the penthouse and four self-parking spaces. Its planned outlooks include the Atlantic, Intracoastal Waterway, marina and Fort Lauderdale skyline. The development’s architect is Arquitectonica, with interiors by Tara Bernerd & Partners.
The price comparison—and its limits
The review positions the penthouse as a lower-cost alternative to top Miami waterfront residences, citing Miami branded penthouse prices of roughly $5,500 to $8,000 per interior square foot. Those figures include reported closed sales, while Bahia Mar’s $22 million is an asking price. They therefore provide context, not a like-for-like transaction comparison. The review puts the average asking price across Bahia Mar residences at about $2,300 per square foot.
Monthly costs are another part of the pitch. The source estimates Resort Tower fees at about $1.80 per interior square foot per month, which would put Penthouse 02’s monthly assessment near $10,000. Outdoor space is excluded from that calculation. Actual fees, services and costs should be confirmed with the developer and reviewed alongside taxes, insurance and other ownership expenses.
Marina, beach and club amenities
The planned resort is set on a peninsula adjoining a large marina, with access to the Intracoastal and Atlantic beachfront. The project also promotes a St. Regis-operated beach club and a private Bahia Mar Club for private-residence owners, with access included for Penthouse 02. Planned facilities include a lap pool, tennis and padel courts, a clubhouse, park space and gardens.
The development’s hotel is planned to have 122 rooms. According to the review, hotel revenue helps support operating costs, while Resort Residence owners may have the option to join a rental program. Private Residence leasing is described as requiring a minimum six-month term. These arrangements and amenities remain subject to final project details.
What buyers should weigh
The penthouse may appeal to buyers seeking a private pool, expansive outdoor space and hospitality services without maintaining a standalone waterfront estate. But it remains a pre-construction purchase, with completion projected for 2030. Buyers will need to assess construction timelines, final specifications, fee assumptions and the distinction between asking prices and completed sales before treating the Miami comparison as a measure of value.