Under Construction

Cipriani Residences Miami

Cipriani Residences Miami is the first standalone Cipriani-branded condominium in the United States, a roughly 950-foot tower on South Miami Avenue in the heart of Miami's Brickell financial district.

Official Website
10.24
Start
~2027
Completion
397
Units
80
Floors
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Details

1420 South Miami Avenue, Miami. 80 floors and 397 residences. Broke ground October 2024, targeting Summer 2027. Financed with $600M from Banco Inbursa in February 2024.

The story so far
Announced Apr 11, 2023
oftmw.com
Financing secured Feb 2024Mast Capital closed a record $600M construction loan, $350M from Banco Inbursa and $250M from Ascendant Capital Partners, per The Real Deal
oftmw.com
Broke ground Oct 2024
Going vertical Mar 2025Reached residential/above-grade levels (going vertical) ~Mar 2025 per Florida YIMBY.
floridayimby.com
Halfway there Oct 24, 2025Reached halfway (44 of 80 floors) Oct 2025 (Florida YIMBY); passed 872 ft Apr 2026 (Miami's tallest residential). Address 1420 S Miami Ave, est. GFA (80 fl), delivery ~2028. US.
floridayimby.com
Topped out Jul 2026Topped out at roughly 950 feet, the tallest tower in Florida and the tallest residential building south of Manhattan
oftmw.com
Cipriani Residences Miami passes 80 percent sold Jul 2026the 397-residence Brickell tower has drawn buyers from more than 30 countries across the Northeastern United States, the West Coast, Latin America and Europe, with delivery set for summer 2027.
oftmw.com
The 1931 Collection penthouses unveiled Sep 2026Mast Capital released two top-floor penthouses, The San Marco at $33 million (9,677 sq ft, three levels) and The Torcello at $19.8 million (6,703 sq ft), crowning the 80-story tower at 1420 S. Miami Ave.
hauteliving.com
Expected opening Summer 2027 est.
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7 more dated, sourced milestonesFrom announcement to opening, each linked to its source.

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TMW IntelligenceVerified Oct 19, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
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The outlook for Cipriani Residences Miami

Timing, similar projects and market pressure, read from every development in our database.

The Miami market 96 · Saturated supplyBrickell 85-project pipeline · 32,637 residences and keys · peak Late ’28 Explore the market →
Projected pricing $•,•••/sfFull projectionProjection →
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About the project

Cipriani Residences Miami is the first standalone Cipriani-branded condominium in the United States, a roughly 950-foot tower on South Miami Avenue in the heart of Miami's Brickell financial district. Developed by Mast Capital on one of the last large raw parcels in Brickell, the building is designed by Arquitectonica with interiors by London studio 1508, structural engineering by Thornton Tomasetti and construction by Moss. Its 397 residences run from one to four bedrooms and culminate in the Canaletto Collection, a limited group of ultra-luxury homes and penthouses at the tower's highest elevations. Residents share more than 50,000 square feet of amenities, including signature Cipriani dining and in-residence catering, a resort-style pool deck, a holistic spa and wellness floor, a private screening room, business lounges, children's play spaces and a speakeasy perched on the 37th floor with views across Biscayne Bay. The tower anchors Brickell's ongoing shift toward supertall luxury living and is the neighborhood's tallest residential landmark.

Developer & design
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Projected pricing at delivery
Cipriani Residences Miami
Miami · Coming Q4 2027 · Residences
TMW Projection
$1,850 / sq ft at delivery
Projected band $1,600 – $2,100 — modeled from 6 comparable launches nearby.
Sales launchTodayDelivery Q4 2027
Projected median
Confidence band
Today

Comparable set — basis for projection

Comparable launch1.2 mi
$1,850
Comparable launch1.2 mi
$1,850
Comparable launch1.2 mi
$1,850
Confidence: High · 6 comps · projections are modeled estimates, never listings
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Scenario outlook
Cipriani Residences Miami
Miami · Coming Q4 2027 · Residences
TMW Projection
Projected price / sq ft
$1,850
at delivery, base case
Sell-out timeline
18months
from sales launch to final close
Absorption pace
4.5units / mo
modeled from the comp set

Scenario assumptions

Fed rate pathGradual cuts
Submarket supplyModerate
Luxury demandSteady
Comp appreciation+6% / yr
Scenarios recompute against the submarket comp set · directional, not guaranteed
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Common questions

Frequently asked

Where is Cipriani Residences Miami located?

Cipriani Residences Miami is located in Miami.

When will Cipriani Residences Miami be completed?

Cipriani Residences Miami is under construction, with completion expected in Summer 2027 (a TMW estimate).

Who is developing Cipriani Residences Miami?

Mast Capital is the developer behind Cipriani Residences Miami.

Who designed Cipriani Residences Miami?

Cipriani Residences Miami was designed by Arquitectonica, with interiors by 1508 London.

How big is Cipriani Residences Miami?

Cipriani Residences Miami rises 80 stories with 397 residences.