Penthouse Sold for Record-Breaking $26 Million in Miami Beach

One of Miami Beach’s most desirable penthouses has sold for a record-breaking $26 million, the highest priced residential purchase in Miami-Dade county in the past 12 months. The space is located at 321 Ocean Drive in the South of Fifth neighborhood, and it is the only full-floor, oceanfront penthouse in all of South Beach. The approximately 13,220-square-foot, two-story penthouse boasts five bedrooms, five full bathrooms and two half bathrooms, along with 360-degree ocean and city views throughout the space. The striking space has floor-to-ceiling windows that emphasize the breathtaking vista and provided unparalleled natural light, while a sleek living room, kitchen and dining room area offer an expansive and luxurious living space. An approximately 5,223-square-foot private roof deck features an outdoor kitchen, fire pit and entertaining space with a dining table that can accommodate up to 40 people. A 36-foot infinity pool is the focal point of the outdoor space, where residents and guests can take in sweeping ocean views from 100 feet above the beach. The record-breaking $26 million penthouse sale at 321 Ocean Drive The property was owned by American-Russian financier Boris Jordan, who listed the space with Bill Hernandez and Bryan Sereny of Douglas Elliman. The property was sold earlier this month to an undisclosed buyer for $26 million, represented by Mick Duchon and Eloy Carmenate of Douglas Elliman. The sale of this penthouse is the highest priced residential condo real estate deal in Miami-Dade for the past 12 months and the highest priced condo sale in all of South Beach since 2014. Find your next Miami home by searching our available properties.