Downtown Miami Penthouses [Luxury Penthouse Condos]
Welcome to the most remarkable Downtown Miami penthouses for sale along the coastal communities of Downtown Miami including One Thousand Museum to Paramount, and Waldorf Astoria to Aston Martin. Downtown Miami penthouses for sale offer luxury living in the heart of one of the world's most vibrant cities.
Penthouse Listings in Downtown Miami
Explore these impressive listings today to find your new penthouse and start living the Miami dream in the city's heart. Use the 'Order By' option to select the order for what you prefer, including the newest listings, the most number of price changes, and the biggest price changes. Easily 'Save Search' for new matching Downtown Miami penthouse listings sent to you via email.
462 Results
Miami, FL 33131
Miami, FL 33132
Miami, FL 33132
Miami, FL 33131
Miami, FL 33131
Miami, FL 33131
Miami, FL 33132
Miami, FL 33132
Miami, FL 33131
Miami, FL 33131
Miami, FL 33131
Miami, FL 33131
Miami, FL 33131
Miami, FL 33131
Miami, FL 33132
Miami, FL 33137
Miami, FL 33132
Miami, FL 33131
Miami, FL 33131
Miami, FL 33132
Miami, FL 33131
Elevated Living: Luxury Penthouses in Downtown Miami
Downtown Miami is a bustling urban center known for its iconic skyline, world-class cultural attractions, and thriving business district, which makes it an attractive destination for professionals and high-net-worth individuals. Located in the heart of The Magic City, Downtown Miami Penthouses typically feature spacious floor plans with high volume ceilings, large glass walls & windows, and top-of-the-line finishes throughout. With breathtaking views of the open bay, the distant Atlantic Ocean, and the ever-growing city skyline, these magnificent penthouse properties offer a lifestyle unlike any other.
Penthouses in Downtown Miami stand among the most desirable properties in South Florida, with epic floor plans and superior Miami views of the beaches and Biscayne Bay. Spacious and luxurious, Downtown Miami penthouses feature top-of-the-line amenities, unparalleled services, and easy access to all the city offers. Many penthouses also have private balconies or massive rooftop terraces with summer kitchens, providing residents a private outdoor space to enjoy the warm Miami weather and never ending entertainment options. Owning a penthouse Downtown can also offer unbeatable views of Miami and the Biscayne Waterway withing steps to some of Downtown Miami's best restaurants, shopping, and nightlife.
Penthouse Record Sales in Downtown Miami
The best penthouses in the community of Downtown Miami have set area records for premier residential real estate in Miami-Dade County. Here are a few of the biggest sales & best Downtown Miami penthouses setting area records.
- One Thousand Museum - PH5901 Sold for $19.8M (9,200 SqFt) in 2020.
- Marquis - PH6401 Sold for $8.250M (8,042 SqFt) in 2021.
- Paramount Miami Wordlcenter - PH5211 Sold for $4.5M (4,087 SqFt) in 2023.
- Epic West - PH5401 Sold for $4.450M (4,310 SqFt) in 2022.
These high-rise condominiums offer stunning views of the surrounding Miami skyline and the beautiful Biscayne Bay. Living in a Downtown Miami penthouse is a truly luxurious and convenient experience. Downtown Miami Penthouses for sale are in high demand with premier condo options found here, with all luxury penthouses in Downtown Miami included in our MLS database of premier Miami properties. Here you'll locate unique & impressive penthouses of Downtown Miami, Florida.
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Downtown Miami Penthouse FAQs
Downtown Miami penthouses can demand a premium in newer developments exceeding $59 million for the Aston Martin Penthouse. However, the rewards can be significant for luxury property investors. Many Downtown Miami penthouses offer a high return on investment plus the opportunity to enjoy a truly exclusive lifestyle from the top. Currently, several trophy penthouses in Downtown Miami are available for sale, ranging in asking price from $2 to $59 million.
In 2020, One Thousand Museum 5901 set the Downtown Miami Penthouse record for any condominium resale at $19.8 million. Penthouse 5901 had five bedrooms and six bathrooms with over 9,200 square feet of living space and sold for over $1,900 per square foot. Purchasing a penthouse in Downtown Miami is a smart investment in real estate and a lifestyle choice for those who desire the ultimate luxury living experience in Miami.
The starting price of a penthouse in Downtown Miami, as of 2024, is approximately $500,000 and up to live at the top. At this lower price point, the living area will span approximately 820 square feet under air.
Owning a penthouse in Downtown Miami provides a luxurious and exclusive lifestyle with breathtaking bay and city views. Buyers prefer the utmost privacy and top-notch security. Select Downtown Miami penthouses feature high-end finishes and amenities, such as private elevators, high ceilings, expansive terraces with breathtaking views, gourmet outdoor kitchens, and rooftop pools to entertain. The prime South Florida location offers easy access to vibrant culture, dining, and shopping within 10 minutes of Miami's beautiful beaches. Downtown Miami penthouses are the epitome of luxury living. A Downtown Miami penthouse is sure to impress if you are looking for a permanent residence, a vacation home, or an investment property. They are perfect for a high-end property with breathtaking Miami views, amenities, and an exclusive location offering privacy. Additionally, it can be a lucrative investment with high rental demand and potential for appreciation.
Property taxes for residential real estate in Downtown Miami vary depending on the property's assessed value and the specific tax rates set by the local authorities. The property tax rate in Miami-Dade County, where Downtown is located, was approximately 2.0% of the property's assessed value. It's essential to verify the current tax rates with the Miami tax assessor's office, which offers a convenient tax estimator online.
Property maintenance fees for penthouse condos in Downtown Miami can vary widely depending on the property size, the total number of condo units, and the amenities the building or community offers. These fees typically cover the insurance costs, maintaining common areas, amenities, security, landscaping, water, cable, internet, and other shared expenses. On average, condo maintenance fees can range from $0.90 to $1.50 per square foot, so it's essential to inquire about specific fees for each property of interest.
Miami offers several prime areas with some of the best penthouses in the city. South Beach, known for its vibrant nightlife and Art Deco charm, offers luxurious penthouses with stunning ocean and bayfront views. Mid-Beach, nestled between South Beach and North Beach, provides a more serene atmosphere and penthouse properties with oceanfront and bay views. Bal Harbour, a prestigious enclave, features exclusive penthouses like Rivage, boasting breathtaking ocean and city vistas. Sunny Isles Beach has been a huge draw this last year with exceptional oceanfront penthouses in new designer towers such as St Regis, Armani, and Bentley. Downtown Miami's bustling urban core offers high-rise penthouses with impressive city skyline and Biscayne Bay views, such as One Thousand Museum and the new Aston Martin. Brickell's financial district showcases modern penthouses in super tall buildings with captivating city and bay views, such as Flatiron, Cipriani, St Regis, and 1428 Brickell.
Downtown Miami Condo Investments
Investing in real estate in Downtown Miami can be a smart financial decision, as property values in this area have been on the rise in recent years and are expected to continue to grow as more continue calling Miami home. Owning a penthouse in Downtown Miami can offer a sophisticated and cosmopolitan lifestyle that is hard to find anywhere else in South Florida. Downtown Miami is home to some of the city's most luxurious and exclusive residential condo buildings, many offering unparalleled amenities. These Miami penthouses include exclusive access to fitness centers, swimming pools, spas, and concierge services.
Luxury Homes by Area in Miami
When considering luxury homes in Miami, various neighborhoods cater to distinct preferences. For a bustling urban lifestyle, Brickell and Downtown Miami showcase upscale properties, including high-rise luxury condos with stunning vistas. Those seeking tranquility and beachfront living will find exclusive options in Miami Beach and Fisher Island, offering waterfront properties and resort-style amenities. Bal Harbour and Sunny Isles Beach boast lavish oceanfront condos near upscale shopping centers. For a more suburban ambiance, Coconut Grove and Coral Gables present elegant single-family luxury homes amidst lush greenery and serene streets. Tailoring the search to specific areas ensures finding the perfect luxury home in Miami.
Luxury Condos by Area in Miami
For those seeking luxury condos in Miami, various neighborhoods cater to diverse preferences. Downtown Miami and Brickell offer a vibrant urban experience, with high-rise luxury condos featuring breathtaking views, ideal for those who love city living. Miami Beach and Fisher Island provide exclusive beachfront properties and resort-style living, perfect for those desiring a serene coastal lifestyle. Sunny Isles Beach and Bal Harbour showcase opulent oceanfront condos, close to upscale shopping destinations. Coconut Grove and Coral Gables provide a more tranquil suburban atmosphere, offering elegant condos surrounded by green spaces. By exploring different areas, one can discover the ideal luxury condo that aligns perfectly with their desires in Miami.
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