A stunning duplex penthouse in the highly anticipated Rivage condo building in Bal Harbour, Florida, has hit the market with an asking price of $67.5 million. This sky-high residence offers unparalleled luxury and expansive living spaces, aiming to set a new benchmark for ultra-luxe real estate in South Florida.
A Sky Mansion Above Bal Harbour
The opulent penthouse, located at 10245 Collins Avenue, spans an impressive 12,603 square feet of interior living space, complemented by an additional 4,918 square feet of outdoor terrace. This "sky mansion" is the crown jewel of the 24-story Rivage development, a project spearheaded by renowned architecture firm Skidmore, Owings & Merrill (SOM) and developed by industry leaders Related Group and Two Roads Development.
Unrivaled Views and Design
Designed to maximize breathtaking ocean and bay vistas, every room in this five-bedroom, seven-bathroom residence offers spectacular views. A significant feature is the expansive multi-level terrace, which includes an infinity-like pool that appears to merge with the ocean horizon, creating a seamless connection between the living space and the sea.
Key Takeaways:
- Price: $67.5 million
- Location: Rivage, Bal Harbour, Florida
- Size: 12,603 sq ft interior, 4,918 sq ft exterior
- Features: 5 bedrooms, 7 bathrooms, rooftop pool, ocean and bay views
- Development: By Related Group, Two Roads Development, and SOM
- Completion: Expected in 2026
An Outdoor Oasis for Entertaining
The outdoor space is meticulously crafted for both relaxation and entertainment. It boasts a unique pool with a glass panel wall that enhances the feeling of floating above the ocean. A lower-level deck wraps around the building’s distinctive curved facade, offering further opportunities to enjoy the coastal environment.
The Ultra-Luxe Market
The listing places the Rivage penthouse among a select group of South Florida properties priced above $50 million, reflecting a growing trend of high-net-worth individuals relocating to the region. This market segment has seen significant activity, with recent high-profile transactions and listings in Miami Beach and Fisher Island.
World-Class Amenities
Residents of Rivage will have access to an extensive array of amenities, including 25,000 square feet of indoor and outdoor lounge areas, a full-service spa, private beach cabanas, and two distinct swimming pools designed to capture sunlight throughout the day. Sales for Rivage Bal Harbour commenced in January 2023, with the building slated for completion in 2026.