Under Construction
Cipriani Residences Miami
Miami · Residences
A soaring 80‑story tower, the tallest tower south of Manhattan, whose Canaletto Collection of 70 ultra‑exclusive homes and penthouses commands record‑setting pricing.
Official WebsiteLast verified Jul 13, 2026
2.4 yrs to delivery
46%
AnnouncedBreaking GroundConstructionOpening SoonNow Open
10.24
Start
Est 2028
Completion
397
Units
80
Floors
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The story so far
Announced 2024 est.
Financing secured Feb 6, 2024$600M construction loan led by Banco Inbursa ($350M) with Ascendant Capital Partners ($250M), per The Real Deal — largest condo construction loan in South Florida history
therealdeal.comBroke ground Oct 2024
Going vertical Mar 2025Reached residential/above-grade levels (going vertical) ~Mar 2025 per Florida YIMBY.
floridayimby.comHalfway 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.comExpected opening 2028 est.
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
Developer & design
Developer
Architect
Atlas Intelligence Powered by Onyx 4.1
Projected pricing at delivery
Cipriani Residences Miami
$•,•••
/ sq ft at delivery
•sold
Projected band $•,••• – $•,••• — modeled from 6 comparable launches nearby.
Sales launchTodayDelivery Q4 2027
Projected median
Confidence band
Today
Comparable set — basis for projection
•••••••• mi
$•,•••
•••••••• mi
$•,•••
•••••••• mi
$•,•••
Confidence: High · 6 comps · projections are modeled estimates, never listings
Projection values are a TMW Pro surface. The model, comps and band unlock instantly.Unlock with Pro
Scenario outlook
Cipriani Residences Miami
Projected price / sq ft
$•,•••
at delivery, base case
Sell-out timeline
••months
from sales launch to final close
Absorption pace
•.•units / mo
modeled from the comp set
Scenario assumptions
Fed rate path—
Submarket supply—
Luxury demand—
Comp appreciation—
Scenarios recompute against the submarket comp set · directional, not guaranteed
Scenario values are a TMW Pro surface.Unlock with Pro
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 2028 (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.
How big is Cipriani Residences Miami?
Cipriani Residences Miami rises 80 stories with 397 residences.