Cipriani Residences Miami unveiled the 1931 Collection, featuring two crown jewel penthouses priced at $33 million and $19.8 million, targeting ultra-high-net-worth buyers.
ReadingMiami's branded penthouse market is now priced above comparable unbranded ultra-luxury. The Cipriani name adds $4-6M per unit.
WatchTrack closing timelines. If these penthouses sell within 18 months, every developer in Miami will launch a branded penthouse collection. If they sit past 24 months, the market corrects downward.