A two-level penthouse at the planned St. Regis Bahia Mar in Fort Lauderdale is listed for $22 million, positioning it as a lower-priced alternative to some branded waterfront homes in Miami. The residence combines 5,552 square feet indoors with more than 5,200 square feet of terraces and rooftop space, including a private pool. Completion is expected in 2030.
Key takeaways
- Penthouse 02 is priced at $22 million, or about $3,962 per interior square foot.
- Including its outdoor areas, the home spans 10,780 square feet, lowering the blended price to roughly $2,041 per square foot.
- The developer’s plan pairs residences with a 122-room hotel, marina, beach club and private owners’ club.
- The project is under construction planning, with completion anticipated in 2030; pricing and amenities remain subject to change.
A two-level residence above the marina
Penthouse 02 occupies part of the Resort Tower’s 24th floor and the private level above. The layout includes four bedrooms, a den, four full bathrooms and a powder room, along with a rooftop pool, second den and summer kitchen. Its reported 5,228 square feet of outdoor space includes a terrace and rooftop deck.
The residence is designed for private arrival, with dedicated garage parking, an elevator serving only the penthouse and a separate service entrance. The listing’s described outlooks take in the city skyline, Intracoastal Waterway, marina and Atlantic Ocean.
The price comparison—and its limits
The listing’s $3,962-per-square-foot figure is based on interior space. Spread across both interior and outdoor areas, the effective figure is about $2,041 per square foot. The real-estate review contrasts that with Miami branded waterfront properties, citing recent sales generally around $5,500 to $6,000 per square foot and some higher transactions. Those comparisons are not like-for-like: the Fort Lauderdale figure is an asking price, while the Miami examples are reported closed sales.
The review also estimates monthly Resort Tower fees at about $1.80 per interior square foot. Applied to this penthouse, that would mean roughly $10,000 a month, with outdoor areas excluded from the calculation. Actual assessments and costs should be confirmed with project documents as development proceeds.
Marina, beach and club amenities
The project is planned for a peninsula at Bahia Mar, alongside a marina described as having 250 slips and deepwater access. The proposed resort package includes a St. Regis-operated beach club and hotel services. Penthouse 02 is also slated to receive access to the Bahia Mar Club, planned with a pool, tennis and padel courts, clubhouse, gardens and other outdoor gathering spaces.
A 122-room hotel is planned alongside the residences. According to the review, resort-residence owners may have the option to participate in a hotel rental program, while private residences would be subject to a minimum six-month lease term. Buyers should verify eligibility, fees and final operating rules before purchase.
What buyers should weigh
The penthouse may appeal to buyers seeking a large private outdoor area, boating access and hotel-style services without purchasing a detached waterfront home. Its headline price is lower than the Miami comparisons cited by the listing review, but the project remains a pre-construction purchase with a long timeline and costs that can change. Buyers will want to assess the final plans, association budget, construction schedule and contract protections before drawing conclusions from projected value comparisons.