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Florida’s Most Expensive Penthouse Just Sold for $120 Million

Shreeja Raval by Shreeja Raval
November 18, 2025
in Florida
What Does Florida’s Housing Market Look Like Post Government Shutdown?
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Miami setting new price tag of $120 million for a penthouse to represent luxury, comfort and lavishness.

In Miami, Florida, where the skyscrapers make even the air itself feel wealthy, a $120 Million penthouse has just made history. Located at 1901 Collins Avenue, Miami Beach, Florida 33139, it is one of the 49 collections of The Shore Club – Private Collection.

Opulence meets luxury 

This exclusive Miami Beach property provides breathtaking oceanfront views that define coastal luxury. 

Offering 10,500 square feet across 3 floors, the penthouse features vertical elegance. Additional 7,500 square feet of space is designated to the terrace with a rooftop pool, defining perfection for any Florida property. 

The project is estimated to be completed  around 2026, marking a new era of lavishness.The high ceilings of 11.5 foot complements the horizon. With the extended balcony the property features custom yacht inspired design, representing the history and luxury yachting culture.

 The 20 story tower will add a floor to ceiling plan to flood natural light into the house and give the  feeling of openness with sunlight and gorgeous views.. 

Architecture and Development

The new construction is a combination of two historical icons being  restored and reimagined. The Cromwell Hotel (1939) and the Shore Club Hotel (1949) are considered the heart for developing the 200 foot tower. 

The collaboration of RAMSA with Kobi Karp is bringing fluid geometry, spa-like bathrooms, expansive balcony, with a color palette of dune, coral and sky perfectly blending the essence of Sunshine State’s main elements. Offering a private elevator and panoramic gazing the developers made sure about the privacy element for their residents. 

Resort Revival

According to New York Post, the property would be managed by Auberge resort collection, known for creating one-of-a-kind luxurious properties and experience. Residents will enjoy 5-star amenities including concierge services, spa, wellness facilities, private beach club, and botanical gardens. Every small detail within the penthouse and tower features ultimate luxury, sunshine, and coastal beauty of Miami. 

The past sale took place at around half the current asking price of The Shore during the COVID. 

 If sold, it would become a benchmark for blending the most luxurious, architectural, and historical homes with a modern, nature-oriented design. 

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