Record-Breaking Penthouse Sale Redefines Miami Luxury Real Estate in 2025
Surfside, FL — The Miami luxury real estate market surged into new territory in late 2025 with an unprecedented sale that has rewritten the record books. A penthouse at Seaway at The Surf Club closed in November for $86 million, marking the highest condominium sale ever in Miami-Dade County history and signaling continued strength at the top end of the market.
Historic Market Milestone
- • Sale Price: $86,000,000 — highest condo sale in Miami-Dade history
- • Previous Record: $60M Faena House penthouse (2015)
- • Size: ~16,053 sq ft with commanding ocean views and expansive terraces
- • Price Per Square Foot: ~$5,350
The boutique Seaway complex, developed by Fort Partners with interiors by Joseph Dirand and full access to the iconic Surf Club Four Seasons amenities, has quickly attracted global luxury buyers for its exclusivity and design excellence.
Price Per Square Foot: A Different Champion
While Seaway now holds the total price record, the highest price per square foot in Miami’s luxury condo market remains with a neighboring Surf Club Four Seasons penthouse, which closed in summer 2025 for $38.2M at approximately $6,731 per square foot — one of the strongest psf figures ever recorded in the region.
What’s Next: $120M Shore Club Contract
Even as Seaway crowns the market, a luxury penthouse at The Shore Club is reportedly under contract for ~$120 million, which — if completed — could set an entirely new benchmark in South Florida real estate upon closing.
Surfside: Epicenter of Ultra-Luxury Real Estate
These extraordinary transactions reinforce Surfside’s status as the epicenter of Miami’s high-end real estate market, where limited supply and global wealth demand combine to push values higher year after year. Key drivers include:
- • Limited beachfront inventory
- • Strong international buyer interest
- • Proximity to world-class amenities and cultural attractions
- • Exceptional architectural design and service offerings
In 2025, Miami’s ultra-luxury market proved once again that it leads not just locally, but nationally — and perhaps globally — in defining what luxury residential real estate can achieve.
Fort Partners sells oceanfront Seaway penthouse for record $86M →
$86 Million Penthouse Sale Shatters Miami-Dade County Condo Record →
