Cipriani Residences crosses 88% sold as Brickell precon demand holds through summer
Mast Capital's Cipriani Residences Miami has sold more than 88% of its 397 units, according to figures shared with Zondo, leaving fewer than 50 residences available ahead of the tower's scheduled Q4 2026 delivery.
The pace stands out against a broader cooling in Miami's luxury resale segment, where Zondo's daily tracking shows Key Biscayne and South Beach three-bedrooms softening over the past quarter. Preconstruction, by contrast, continues to draw buyers willing to wait for delivery in exchange for today's pricing.
What the data shows
Zondo's Signal tracks absorption velocity across participating developments. Cipriani's remaining inventory has been declining at a rate that, if sustained, would sell the building out well before closing — a pattern Zondo's AI flags as "accelerating absorption."
For agents, the takeaway is straightforward: bayfront branded product in Brickell remains liquid even as the resale market catches its breath.