MIAMI, FL - On the heels of revealing an exclusive partnership with Cipriani, Mast Capital, one of South Florida’s most active real estate development and investment firms, has today announced the launch of sales at its highly anticipated project, Cipriani Residences Miami, the brand’s first ground-up residences in the United States. Located at 1420 South Miami Avenue in the city’s thriving Financial District, the building has already made a tremendous impact on the luxury market since debuting only a couple of weeks ago, garnering an abundance of qualified inquiries. Sales and marketing efforts for the project are being handled exclusively by Fortune Development Sales.
“Cipriani Residences Miami was designed to satisfy what luxury buyers are searching for today, and we’re excited to come to market with so much interest already underway,” said Camilo Miguel Jr., CEO and Founder of Mast Capital. “Brickell has anchored itself as one of the country’s most exciting urban destinations and we’ve seen overwhelming demand for an exclusive, highly curated residential experience catering to a more discerning buyer. The migration of wealth and influx of Wall Street and Silicon Valley companies to the area – coupled with heightened expectations for premium lifestyle options — make it clear to us that the market is ready for an ultra-luxury, service-driven condominium project. As buyers increasingly demand more exclusive experiences, we are confident that they will recognize the value of the Cipriani name and our concerted vision to upend all expectations for the area.”
Harnessing the essence of the Cipriani brand – recognized for its distinguished style, world-class service and four generations of history and tradition – Cipriani Residences Miami will deliver an unprecedented residential lifestyle with one- to four-bedroom residences priced from $1.1 million. The tower will rise 80 stories above the Brickell neighborhood, Biscayne Bay and Simpson Park, and is expected to complete at the end of 2025.
“Miami’s Financial District is the perfect destination for our first, ground-up branded residences in the US, as the city is vibrant with energy and ready for a new, prestigious address that combines elegance with service, lifestyle and our four-generation hospitality tradition,” said Giuseppe Cipriani, CEO of Cipriani. “We are excited to launch Cipriani Residences Miami alongside Mast Capital and look forward to watching the concept and its incredible architecture come to life.”
Designed by award-winning firm Arquitectonica, Cipriani Residences Miami features sleek, modern architecture with floor-to-ceiling glass and a curved cascading facade. Its distinct shape will redefine Miami’s rapidly growing skyline and give a grand appearance from the street level. The surrounding grounds, as well as the lush pool deck, will be envisioned by Arquitectonica GEO, a subdivision of Arquitectonica known for designing landscapes that enhance the user experience.
The interiors of the 397 residences at the development will exude timeless sophistication inspired by Cipriani’s classic aesthetic. Ranging from 1,213 square feet to 3,495 square feet, the homes offer generous floor plans, 10-foot ceilings, floor-to-ceiling glass windows, expansive terraces accessible from the living room and primary bedroom and panoramic views of Biscayne Bay, the Brickell skyline, and Coconut Grove. The open eat-in chef kitchens will feature custom Italian cabinetry modeled after Cipriani’s renowned style, as well as top-of-the-line integrated Wolf Sub-Zero appliances. Primary bathrooms will include a grand, stand-alone bathtub, glass-enclosed shower and separate water closet, with a vanity comprising premium Italian cabinetry, an imported stone countertop and a back-lit mirror. An innovative smart technology infrastructure will enable each of the residences for home automation, and select residences will also feature direct elevator entry for ultimate privacy.
One of the most intriguing and exciting components of Cipriani Residences Miami will be the resident-only dining experiences. Residents will have exclusive access to dining services by Cipriani, available both in-home or in the poolside dining lounge, and access to multiple reservable private dining rooms. More information on this unique culinary offering is forthcoming.
Further elevating the lifestyle at Cipriani Residences Miami is a wide array of hotel-like amenities and services, including an elevated resort-style deck with two swimming pools, cabanas, a sun terrace and towel and poolside food and beverage services. Residents will also have access to a fully equipped state-of-the-art fitness center, dog park, private screening room; children’s playroom, library, holistic spa with sauna and treatment rooms; hair salon and barber shop, wellness center and al fresco lounge; pickleball court; and golf simulator. Available à la carte services include plant care, away-from-home maintenance, pet grooming and walking, luxury house limousine transport within a three-mile radius, in-residence spa treatments, personal training and more.
Nestled in the Brickell neighborhood, Cipriani Residences Miami is part of a master-planned development spearheaded by Mast Capital, and a prime example of how the area is fast evolving into the Wall Street of the South. Known for its walkable lifestyle and uniquely urban landscape along Miami’s Biscayne Bay, the booming neighborhood has recently introduced a slew of new restaurants, hotels, high-end fashion boutiques, entertainment venues and office towers to accommodate the many national companies relocating to the area.
Just steps from Cipriani Residences Miami, residents can enjoy the indoor-outdoor shops and dining experiences at Brickell City Centre and Mary Brickell Village, explore the beautifully landscaped Underline, have a cocktail at one of many different lounges and rooftop bars, or venture a short distance to several cultural and sporting institutions, such as the Pérez Art Museum Miami (PAMM), the Phillip and Patricia Frost Museum of Science, the Adrienne Arsht Center for the Performing Arts, where local arts organizations like Miami City Ballet perform, and FTX Arena, the home of the Miami Heat.
About Mast Capital: Established in 2006, Mast Capital is a value-oriented real estate investment company with integrated development and asset management teams. Mast Capital has made successful acquisitions in the residential, hospitality, office, retail and land sectors, and targets opportunistic and value-add investments in existing property, ground-up development, distressed real estate, and note purchases. The firm employs a sophisticated approach to structuring its acquisitions, maximizing value to its investors while providing creativity and flexibility to sellers and other third parties to execute highly complex transactions. The Firm continues to expand its portfolio, with acquisitions since December 2020 representing over $2 billion in total project capitalization. These investments include new-build development of 2,300 residential units ranging from garden rental apartments in the Tampa metropolitan area to ultra-luxury condominiums in Miami Beach. For more information on Mast Capital’s portfolio, visit www.mastcapital.com.
About Cipriani: On May 13, 1931, Giuseppe Cipriani opened Harry’s Bar on the first floor of an abandoned rope warehouse off a dead end in Piazza San Marco, Venice. At 50 square meters, it appeared to be a typical “cozy” Venetian restaurant, but with the careful attention to detail and perfectly proportioned furniture, glasses and cutlery Harry’s Bar was anything but typical. Unchanged since 1931 and now a National Landmark, its famously relaxed atmosphere, great food and warm service have catered to a very eclectic clientele that has included through the years Hollywood legends, royalty, artists and people from all over the world. It has been constantly imitated but never reproduced.
In the 90 years since and with three generations of Cipriani family members leading the growth, Arrigo, Giuseppe and his sons Ignazio and Maggio, Cipriani has developed into an international hospitality brand, with restaurants, landmarked event spaces, luxury residential, hotels and private membership clubs around the world including Venice, New York, Miami, Los Angeles, Abu Dhabi, Hong Kong, Monte Carlo, Ibiza, Mexico City, Dubai, Riyadh, Las Vegas and the upcoming Punta del Este, Milan, Jeddah, Istanbul, and Doha.
The timeless values of love for service, lack of imposition, quality of products and luxury in simplicity are still valid today as they were in 1931.