$125 Million Oceanfront Penthouse at The Ritz-Carlton Residences South Beach Redefines Miami Luxury

Set along the coveted East End of Lincoln Road, directly on the sands of Miami Beach, a singular residence is poised to redefine ultra-luxury living in South Florida. Priced at $125 million, the crown penthouse at The Ritz-Carlton Residences, South Beach stands as one of the most significant residential offerings ever to debut in the market.

Occupying the top of the newly conceived oceanfront development, the penthouse masterfully combines two full-floor units into one expansive 14,638-square-foot home. The result is a 13-bedroom, 15-bathroom residence that feels more akin to a private estate in the sky than a traditional condominium. Framed by floor-to-ceiling glass and airy 10-foot ceilings, the interiors are designed to capture uninterrupted Atlantic views while flooding the space with natural light.

Two private rooftop pools crown the residence, offering a rare double-waterfront experience—sunrise over the ocean to the east and the glittering Miami skyline to the west. Expansive wraparound terraces extend the living areas outdoors, creating multiple zones for entertaining, lounging, and private retreat.

The project itself is a transformative addition to Miami Beach’s architectural landscape. Imagined by renowned architect Kobi Karp, the new structure will cantilever above the existing historic The Ritz-Carlton, South Beach, paying homage to the city’s storied past while introducing a contemporary silhouette to the skyline. Design inspiration draws from original architect Morris Lapidus, whose signature Art Deco influence helped define mid-century Miami Beach glamour.

Inside, internationally acclaimed designer Alessandro Munge of Studio Munge brings a refined yet luminous aesthetic to the 30 custom-designed beach houses that comprise the collection. Kitchens are appointed with hand-selected Calacatta Extra marble surfaces, bespoke marble islands with integrated sinks, and finely crafted honey oak cabinetry accented with brushed bronze inlays and fluted glass panels. A full suite of integrated Gaggenau appliances, temperature-controlled wine storage, and Kallista fixtures further elevate the culinary spaces.

Primary bathrooms are envisioned as spa-like sanctuaries, wrapped in Italian Paonazzo Extra marble with distinctive silver, gold, and amber veining, complemented by floating vanities, custom rain showers, and freestanding soaking tubs positioned to capture ocean views. Secondary baths feature Grigio Apuano marble and polished metal fittings, while powder rooms introduce dramatic Cristallo Pink quartzite. Throughout the residences, custom French white oak flooring, Lutron lighting controls, and hurricane-rated floor-to-ceiling glass complete an interior palette that balances warmth, craftsmanship, and contemporary precision. The penthouse, as the pinnacle of the building, embodies this philosophy at its grandest scale.

Residents will enjoy more than 50,000 square feet of curated amenities, elevating the experience beyond that of a traditional condominium. A private rooftop pool deck with cabanas, a state-of-the-art fitness center, screening room, and immersive hospitality programming anchor the lifestyle offering. Culinary experiences by Michelin-starred chef José Andrés further enhance the service-driven ethos synonymous with the Ritz-Carlton brand.

The property also incorporates the landmark Sagamore Hotel, reintroduced as a newly renovated, exclusive all-suite extension of The Ritz-Carlton, South Beach, transforming the storied oceanfront address into a fully integrated hospitality and residential enclave at the intersection of culture, cuisine, and Lincoln Road’s iconic promenade.

In a market known for record-breaking transactions and architectural ambition, this penthouse distinguishes itself not simply by price or scale, but by provenance. It fuses Miami Beach heritage, world-class design, and elevated hospitality into a single, once-in-a-generation residence—an address that is as much about legacy as it is about luxury.

Information courtesy of M18 Public Relations
www.m18pr.com