Cipriani Residences Miami Reveals the 1931 Collection: Two Crown Penthouses Listed at $33 Million and $19.8 Million
Mast Capital has listed two penthouses atop the 80-story Cipriani Residences Miami in Brickell: The San Marco at $33 million (9,677 combined square feet over three levels) and The Torcello at $19.8 million (6,703 combined square feet). The tower is 85% sold with delivery targeted for summer 2027, as of September 2026.
MIAMI — Developer Mast Capital has unveiled the 1931 Collection, two crown-jewel penthouses at Cipriani Residences Miami, the roughly 950-foot tower rising at 1420 South Miami Avenue in Brickell. The San Marco, a three-level penthouse spanning 9,677 square feet of combined interior and outdoor space, is asking $33 million; The Torcello, at 6,703 combined square feet, is asking $19.8 million. The listings were first reported by PROFILEmiami on September 10, 2026, in coverage of the developer’s announcement.
The reveal lands at a telling moment. The tower — the first ground-up Cipriani-branded residential development in North America — was reported as 85% sold in the same announcement, with buyers from more than 30 countries. Designed by Bernardo Fort-Brescia of Arquitectonica with interiors by London studio 1508 London, the 397-residence tower (a unit count reported by Construction Review Online in its 2026 construction updates) is targeting delivery in summer 2027, per the September 2026 announcement.
What do $33 million and $19.8 million buy at the top of Brickell’s tallest residential tower?
The San Marco is the larger of the two: three levels crowned by a rooftop infinity-edge pool, a summer kitchen, a private putting green, and a wellness suite with gym, cold plunge, hot tub, and massage pavilion. Inside, a 24-foot great room frames Biscayne Bay, anchored by a chef’s kitchen with a lacquered-wood and Calacatta-marble island, per the developer’s materials.
The Torcello answers with a private screening room, a “Midnight Bar” for entertaining, its own infinity-edge pool facing the bay, cold plunge, hot tub, open-air shower, and summer kitchen. Both residences carry the building’s signature palette — oak herringbone floors, Calacatta marble, lacquered cabinetry, polished chrome. For how private pools stack up across the region’s new towers, see our comparison of private pools in the residence across South Florida’s new developments.
How does the pricing compare on a per-square-foot basis?
Dividing list price by total combined square footage (interior plus outdoor, as marketed), The San Marco works out to roughly $3,400 per combined square foot and The Torcello to roughly $2,950 — figures we calculated from the announced prices and sizes; interior-only PPSF would run meaningfully higher. That positions the 1931 Collection well above the Brickell tower average but below the region’s trophy-penthouse ceiling. Benchmark it against our South Florida new-development price-per-square-foot index and the $39.7 million Maison d’Or penthouse unveiled in West Palm Beach earlier this month.
Cipriani Residences Miami — 1931 Collection at a glance (as of September 2026)
| Metric | The San Marco | The Torcello |
| List price | $33,000,000 | $19,800,000 |
| Combined interior + outdoor SF | 9,677 | 6,703 |
| Approx. $/combined SF | ~$3,410 | ~$2,954 |
| Levels | 3 | [VERIFY: level count — developer floor plan] |
| Signature feature | Rooftop infinity pool, putting green | Screening room, Midnight Bar |
What does an 85%-sold tower mean for buyers still deciding?
An 85% absorption rate this deep into construction means remaining inventory is thin and concentrated at the top of the pricing stack — which is precisely when developers release trophy product. Late-stage buyers trade selection for certainty: the tower is vertically complete per public construction reporting, financing risk has largely passed, and closing timelines are visible. Our guide to what a $5M new-development condo really costs per year scales up for penthouse-level carrying costs.
Buyers who contracted early and want out — or in — should understand Florida’s resale-before-closing rules; see can you assign a pre-construction contract in Florida.
Where does Cipriani sit in Miami’s supertall race?
Cipriani Residences Miami topped out as the tallest residential building in Florida, surpassing Panorama Tower’s 868-foot roof height during 2026, per Construction Review Online. The overall supertall crown still belongs to the 100-story Waldorf Astoria Miami, which began its ninth and final cube this month. With a summer 2027 target, Cipriani anchors the next delivery wave — tracked in our 2027 delivery calendar — while this year’s completions are covered in near-completion 2026 luxury condo deliveries. Browse every active project in our new developments hub.
Frequently Asked Questions
How much are the new Cipriani Residences Miami penthouses?
The San Marco is listed at $33 million and The Torcello at $19.8 million, per the developer’s announcement first reported by PROFILEmiami on September 10, 2026. They form the 1931 Collection, the two crown penthouses atop the 80-story Cipriani Residences Miami tower in Brickell.
How big are the 1931 Collection penthouses?
The San Marco spans 9,677 square feet of combined interior and outdoor space across three levels; The Torcello spans 6,703 combined square feet, per the September 2026 announcement. Both include private infinity-edge pools, wellness rooms with gyms, cold plunges, and hot tubs overlooking Biscayne Bay.
Who is developing and designing Cipriani Residences Miami?
Mast Capital is the developer. Architecture is by Bernardo Fort-Brescia of Arquitectonica, interiors by 1508 London, and construction by Moss Construction. It is the first ground-up Cipriani-branded residential development in North America, located at 1420 South Miami Avenue in Brickell.
How sold out is Cipriani Residences Miami as of September 2026?
The tower was reported as 85% sold in the developer’s September 2026 announcement, with buyers from more than 30 countries. The building contains 397 residences ranging from one to four bedrooms, leaving a thin remaining inventory concentrated in larger, higher-floor lines.
When will Cipriani Residences Miami be completed?
Delivery is targeted for summer 2027, per the developer’s September 2026 announcement. Construction began in October 2024, and the tower has already topped out at approximately 950 feet, making it the tallest residential building in Florida as of September 2026.
Is Cipriani Residences Miami the tallest building in Miami?
No. It is Florida’s tallest residential-only tower at roughly 950 feet, but the 100-story Waldorf Astoria Miami — Florida’s first supertall — will be taller upon completion. Cipriani surpassed Panorama Tower’s 868-foot roof height during 2026 construction, per Construction Review Online.