Related Group’s Casa Bella by B&B Italia Sets Neighborhood Price Record with $12.6M Penthouse Contract

Leading real estate developer Related Group (Related) and partner Alta Developers today announced that Casa Bella Residences by B&B Italia (Casa Bella) has achieved nearly $50 million in signed contracts over the past 60 days. This robust volume includes a contract for a 54th-floor, 5,893-square-foot triplex penthouse for $12.6 million or $2,138 per square foot, signifying what will be the most expensive condominium sale on a price-per-square-foot basis in Downtown Miami's highly desirable Arts and Cultural District.

"Related takes pride in creating exceptional residential properties that stand out from the rest. Casa Bella exemplifies this philosophy with two defining features: an unbeatable location in the heart of Miami's city center, and an elegant Italian-inspired design envisioned by B&B Italia's very own Piero Lissoni," says Nick Pérez, President of Related's Condominium Division. "The recent surge in sales activity is a testament to the major appeal this project has among buyers who recognize its inherent design quality, as well as the remarkable benefits associated with the burgeoning growth of Downtown Miami's urban core."

Casa Bella represents the first residential partnership for the famed Italian design house, B&B Italia, known around the world for its high-end collaborations with legacy brands such as Rolex, Hermès and Rolls-Royce. With architecture by Arquitectonica and interiors by renowned designer Piero Lissoni — who also serves as creative director for B&B Italia — and the B&B Italia team, every aspect of the building is envisioned as an oasis, offering a refined Miami aesthetic rooted in contemporary Italian design.The 56-story tower offers 317 residences ranging from one to four bedrooms, all of which feature soaring ceilings, sweeping views, private elevator access, state-of-the-art kitchens with Sub-Zero and Wolf appliances and an exquisite selection of European-fixtures. Casa Bella's Penthouse Collection comprises 10 exquisitely-designed homes with seven distinct floor plans, the crown jewel of which is a pair of 54th-floor triplex residences with private rooftop terraces, each featuring spa pools and indoor/outdoor summer kitchens with stunning water views. Of these two penthouses, the remaining triplex is available for $12.3 million. The 54th-floor is also home to two outstanding duplex penthouses, spanning 4,100 and 4,560 square feet and priced between $8 million and $10 million.

To further elevate the residential experience, Casa Bella offers two full floors of amenities, complete with spaces overlooking Biscayne Bay. These spaces range from a spacious party room to a wine vault and tasting lounge, as well as a top-of-the-line private theater and co-working spaces. A world-class Wellness Center caters to fitness-minded residents, featuring professional-level equipment, as well as dedicated yoga and spin rooms, while the spa facilities offer an array of on-demand services including massages, facials, blowouts and manicure/pedicures.

Outdoors, landscape architect Enzo Enea envisioned a pool deck with lush Italian-inspired gardens to create an oasis within Downtown Miami. The 80-foot lap pool is surrounded by private cabanas and shaded lounge areas, as well as an open-air lawn for yoga and meditation. A poolside bar and Mediterranean café will have light bites and refreshments on offer. On the 56th floor, residents can access the tower's rooftop pool and terrace, which is complete with a state-of-the-art observatory.

A personal concierge is available to assist residents on or offsite. Services include housekeeping, grocery shopping and delivery, dry cleaning and laundry, nanny and childcare, overnight shoe-shining, pet care services and personal tech support. For added ease, residents will have the opportunity to work directly with B&B Italia's celebrated designers to outfit their units. B&B Italia will offer move-in-ready packages with furnishings and décor for each floor plan type. There is also the opportunity for buyers and designers to personalize their units using pieces from B&B Italia collections.

Located at 1400 Biscayne, Casa Bella offers a prime location in the Arts and Cultural District, which is coming into its own as the heart of Miami's "New Downtown." The property offers buyers ease of access to nearby hotspots such as the Pérez Art Museum Miami, Frost Museum of Science, the Adrienne Arsht Center for the Performing Arts and FTX Arena.Demolition of the Casa Bella site is underway with the groundbreaking anticipated for Summer 2023. Fortune International Realty is the building's exclusive sales and marketing agent with a sales team led by Olga Monson. Maribele Faura of Coldwell Banker represented the buyer in the penthouse sale. For more information or to arrange a tour of the sales gallery, please visit CasaBellaResidences.com or call 305-290-1008.